Iran war threatens Healey's UK budget, think tank warns — SkimNews
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- Think tank warned via BBC coverage that Iran war costs directly threaten Healey's UK Budget plans
- The IFS said the budget becomes a "work of fiction" without clear plans to cover a £35bn spending gap, with tax rises flagged as a likely response
Why it matters: The UK Treasury faces a concrete £35bn shortfall that Iran war costs could deepen further. Reuters' framing that Healey can't risk a 'steady as you go' budget, combined with the IFS's 'work of fiction' verdict, means tax rises or spending cuts become unavoidable to preserve fiscal credibility.
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