Rachel Reeves has hit out at US president Donald Trump’s “folly” of going to war with Iran without an exit plan, as Britain’s economic growth forecast was slashed as a result of the conflict.
The Chancellor said she was “very frustrated and angry” with America’s actions in the Middle East, as the International Monetary Fund (IMF) said on Tuesday that a global recession could be a “close call” in a severe scenario linked to the conflict.
