John Healey warns of tough first budget as Middle East war puts pressure on economy

Economy The Guardian By Geraldine McKelvie 05 Sep 2026 11:26 1 min read
John Healey warns of tough first budget as Middle East war puts pressure on economy

Chancellor says he wants to ensure country has ‘buffer’ against uncertainty as global bond yields hit 18-year high The chancellor has indicated that the UK will face a tough budget next month due to Trump’s war in the Middle East. In an interview with the Financial Times, John Healey said the conflict in Iran would probably have a strong influence on his first budget on 28 October. Continue reading...

Read the full story on The Guardian → Opens the original article on www.theguardian.com

Summary aggregated from The Guardian's public RSS feed. The full reporting belongs to The Guardian — please read it on their site.