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Tagged: economic outlook
- BusinessThink Tank Warns Price Spikes Challenge Chancellor Healey's First BudgetAn influential think tank has cautioned that the price increases resulting from the US-Israel war in Iran present a significant hurdle for Chancellor John Healey as he prepares his initial Budget. The Institute for Fiscal Studies (IFS) suggests higher inflation may force the government to decide between tax increases, spending reductions, or a combination of both.3 min