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Chancellor Warns of Tough Budget because of Economic Impact of Iran War

John Healey said inflation and borrowing costs are rising as the conflict in the Middle East squeezes the UK’s fiscal buffer.

Summary by Evening Standard
John Healey told the Financial Times he would ensure the UK emerges from his first Budget with a solid ‘buffer against uncertainty’.

6 Articles

The IndependentThe Independent
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The Independent (US)The Independent (US)
Lean Left

Chancellor warns of tough Budget as Iran war puts strain on economy

Donald Trump’s war with Iran is hitting ‘inflation, growth and borrowing costs,’ John Healey warns

·London, United Kingdom
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"The ongoing conflict between the US and Iran is creating unprecedented difficulties for the country and the world economy"

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  • 75% of the sources lean Left
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Western Morning News broke the news in Somerset, United Kingdom on Friday, September 4, 2026.
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