News in Review Wednesday 10th June 2026 - HCR IFA
News in Review Wednesday 10th June 2026

News in Review Wednesday 10th June 2026

Middle East conflict impacts global growth, comfortable retirement unattainable for many and manufacturing shows recovery.

Key takeaways:

  • In the UK, GDP growth is expected to weaken to 0.9% in 2026, down from 1.4% last year
  • A report has calculated that a comfortable lifestyle in retirement would cost £45,400 annually for one person
  • The headline UK Purchasing Managers’ Index reached 53.9 in May – the highest level in four years

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