Leading UK think tank warns that the Iran war's economic effects—higher oil prices and inflation—will create severe budget challenges for incoming finance leadership. Andy Burnham faces a difficult inheritance managing these fiscal constraints.
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Leading thinktank says higher oil prices and inflation will give Andy Burnham a ‘challenging inheritance’ Andy Burnham has been warned by a leading thinktank of “very difficult trade-offs in the next autumn budget” if the Iran war keeps oil prices and inflation high. The National Institute of Economic and Social Research (NIESR) said the new prime minister faced a “challenging inheritance” and his