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The Guardian - UK

Politics

Geraldine McKelvie

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

John Healey Andy Burnham Rachel Reeves

Britain's Chancellor John Healey walks outdoors, carrying a red folder with a gold crest — John Healey says he is in ‘lockstep’ with Andy Burnham in determination to stay within fiscal rules. Photograph: Chris J Ratcliffe/Reuters

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.

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