News in Review Wednesday 17th June 2026 - HCR IFA
News in Review Wednesday 17th June 2026

News in Review Wednesday 17th June 2026

The Confederation of British Industry (CBI) lowers UK growth predictions, US-Iran deal imminent, welcome retail sales lift

Key takeaways:

  • UK GDP is expected to grow by 1.1% in 2026 and 0.9% in 2027, down from previous CBI projections
  • The White House and Iran have agreed on a framework deal aimed at securing an end to hostilities
  • UK retail sales increased by 3.7% annually last month, up from growth of 1.0% in May 2025

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