Key facts
- Economists have warned that fiscal pressures, exacerbated by the US-Iran war, will impact the UK's public finances.
- A surprise growth spurt in the UK economy is not expected to be sustained.
City economists are warning that a recent unexpected increase in UK economic growth is unlikely to be a lasting trend. They attribute potential future fiscal pressures to the ongoing US-Iran war, suggesting these will negatively impact the public purse. The warning implies that the current period of economic buoyancy may be a temporary phase before more significant challenges arise.