UK faces âvery difficult trade-offsâ in budget because of Iran war, say analysts | TheBriefWire
UK faces âvery difficult trade-offsâ in budget because of Iran war, say analysts
Published 28 July 2026 ¡ finance
Leading thinktank says higher oil prices and inflation will give Andy Burnham a âchallenging inheritanceâ Andy Burnham has been warned by a leading thinktank of
Leading thinktank says higher oil prices and inflation will give Andy Burnham a âchallenging inheritanceâ Andy Burnham has been warned by a leading thinktank of âvery difficult trade-offs in the next autumn budgetâ if the Iran war keeps oil prices and inflation high. The Institute of Economic and Social Research (NIESR) said the new prime minister faced a âchallenging inheritanceâ and his plans to revamp public services would meet severe pressure from persistently higher prices. Continue reading...
Published: July 29, 2026 ⢠4:31 AM IST ¡ Updated: July 29, 2026 ⢠5:05 AM ISTBy TheBriefWire Editorial Team
Key points
Leading thinktank says higher oil prices and inflation will give Andy Burnham a âchallenging inheritanceâ Andy Burnham has been warned by a leading thinktank of âvery difficult trade-offs in the next autumn budgetâ if the Iran war keeps oil prices and inflation high.
The Institute of Economic and Social Research (NIESR) said the new prime minister faced a âchallenging inheritanceâ and his plans to revamp public services would meet severe pressure from persistently higher prices.