Iran war threatens Healey's Budget plans, think tank warns

HONESTLY I CANNOT DEAL WITH THIS ONE, AND IT IS LIKE CHANCELLOR HEALEY HAS THE WORST LUCK EVER BECAUSE HE IS TRYING TO BUILD HIS FIRST BUDGET BUT NOW THE IFS THINK TANK IS YELLING THAT THE US-ISRAEL WAR IN IRAN IS CAUSING MAJOR PRICE SPIKES AND INFLATION, WHICH IS WILD BECAUSE NOW HE HAS TO FIGURE OUT IF HE WANTS TO CUT SPENDING OR RAISE TAXES, BUT THE IFS SAYS HE NEEDS TO BE CREDIBLE AND NOT JUST FAKE THE NUMBERS WITH UNREALISTIC FUTURE CUTS, WHICH IS HONESTLY SOUND ADVICE I GUESS, SO NOW HEALEY IS TALKING ABOUT FISCAL DISCIPLINE AND ECONOMIC RESILIENCE TO KEEP MORTGAGE COSTS DOWN WHILE MARKETS ARE FREAKING OUT ABOUT THE COST OF BORROWING, AND THEY WANT HIM TO BE TIGHT WITH MONEY ON OCTOBER 28TH, ANYWAY DID YOU SEE WHO JUST WALKED IN?

I HAVE BEEN THINKING ABOUT THIS ALL DAY, AND THE WHOLE THING IS THAT THE WAR IN THE MIDDLE EAST IS LITERALLY MESSING WITH BRITAIN'S WALLET, BECAUSE THE INSTITUTE FOR FISCAL STUDIES IS WARNING CHANCELLOR HEALEY THAT INFLATION IS GOING TO EAT UP ALL THE CASH HE WANTED TO SPEND ON PUBLIC SERVICES, AND IT IS NOT JUST FUEL PRICES BUT ALSO MORTGAGES GETTING MORE EXPENSIVE WORLDWIDE, WHICH IS WHY HE IS PROMISNG DISCIPLINE IN HIS UPCOMING BUDGET ON THE 28TH, BUT THE PRESSURE IS ON BECAUSE HE HAS TO PROVE TO THE FINANCIAL MARKETS THAT HE ACTUALLY HAS A GRIP ON EVERYTHING WHILE BORROWING COSTS ARE CLIMBING AND EVERYONE IS WATCHING HIM LIKE A HAWK TO SEE IF HE PULLS TAX HIKES OR SPENDING CUTS OUT OF HIS HAT, ANYWAY WHERE DID EVERYONE GO?

The Institute for Fiscal Studies has warned Chancellor John Healey that rising costs caused by the war in Iran may force him to cut spending or raise taxes in his upcoming budget.

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