UK budget faces pressure from Iran conflict and elevated bond yields

The Guardian · 15 days ago
UK budget faces pressure from Iran conflict and elevated bond yields
  • Healey said the conflict in Iran would have a strong influence on the budget scheduled for 28 October.
  • The chancellor said he wants a buffer against uncertainty and remains committed to staying within fiscal rules as global bond yields reach an 18-year high.

Quotes

The conflict in Iran would probably have a strong influence on his first budget on 28 October.John Healey
John Healey says he is in ‘lockstep’ with Andy Burnham in determination to stay within fiscal rules.John Healey

Sources