UK faces ‘very difficult trade-offs’ in budget because of Iran war, say analysts

The Guardian reports that Andy Burnham, Britain's new Prime Minister, faces immediate economic challenges. The National Institute of Economic and Social Research warns that if the Iran conflict sustains high oil prices and inflation, his autumn budget will require 'very difficult trade-offs' and his public service plans face severe pressure from persistently elevated costs — a demanding beginning for the new government.

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