Politics
Healey Signals Challenging Budget as Middle East Tensions Impact UK Economy
Chancellor John Healey warns of a tough first budget in October amid Middle East conflicts and rising global bond yields at 18-year peaks.
Chancellor John Healey warns of a tough first budget in October amid Middle East conflicts and rising global bond yields at 18-year peaks.
UK long-term borrowing costs reach highest levels since 1998, creating significant fiscal challenges for the Chancellor's upcoming budget announcement.