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

Photo: The Guardian World

What happened

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...

Summary assembled by rule from the sources below

Sources