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Business · Video brief

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

Chancellor John Healey reveals that the ongoing conflict in the Middle East will heavily influence the upcoming UK budget on October 28. He highlights concerns over inflation, growth, and rising living costs, suggesting potential tax increa...

The Guardian· Sep 5, 2026 · 2:43 PM · 42 views

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Chancellor John Healey reveals that the ongoing conflict in the Middle East will heavily influence the upcoming UK budget on October 28. He highlights concerns over inflation, growth, and rising living costs, suggesting potential tax increases or spending cuts to maintain fiscal stability.

Full story and more reels: https://newsreel.video #news #breaking #UKbudget #MiddleEast #economy #inflation #Chancellor #politics

Originally reported by The Guardian. Read the full story →

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