Breaking

Todd Blanche reaches deal with holdout senators to scrap ‘anti-weaponization’ fund What to Stream: ‘Ted Lasso,’ Billie Eilish, Stray Kids, ‘You Me & Tuscany’ and ‘The Shards’ Trump says talks on Iran war will begin on Monday after he holds off on ‘massive’ strikes A simple no-cook tomato sauce for peak summer heat, from Meryl Feinstein US faces new pressure to build weapons without China’s rare earth magnets Nolan’s Odyssey shows what happens when a leader’s violations are rewarded | Jamil Smith Samsung bans smart TV apps that share users’ internet connections with strangers At creative reuse centers, old art supplies get a new life at a fraction of the cost Newspaper columnist and broadcaster Rod Liddle dies aged 66 Spanish Soccer Star Ferran Torres Talks World Cup Win

NEWSREEL

The day, in 30-second reels.

--:--:--

Business / Reel

Business · Video brief

UK economy faces recession if strait of Hormuz remains closed, EY warns - business live

The UK economy could slide into recession if the Strait of Hormuz remains closed, warns EY. A potential GDP contraction of 0.2% is on the horizon, while oil prices are dropping as Middle Eastern tensions ease.

The Guardian· Aug 3, 2026 · 1:33 PM · 2 views

Video won't play? Watch on YouTube →

The UK economy could slide into recession if the Strait of Hormuz remains closed, warns EY. A potential GDP contraction of 0.2% is on the horizon, while oil prices are dropping as Middle Eastern tensions ease. Full story and more reels: https://newsreel.video #news #breaking #economy #UK #recession #oilprices #MiddleEast

Originally reported by The Guardian. Read the full story →

More in Business

US faces new pressure to build weapons without China’s rare earth magnets

AP News· 1 hour ago

Asian stocks are mixed as yen jumps against the dollar, while oil prices slip

AP News· 3 hours ago

Iran déjà vu: Trump once again threatens massive escalation against Tehran only to walk back

AP News· 4 hours ago

0 Comments

No comments yet. Be the first.