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Faisal Islam: The two big calls the chancellor has to make ahead of the Budget

Faisal Islam: The two big calls the chancellor has to make ahead of the Budget

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It is the ultimate double whammy for a chancellor facing his first Budget.1. How long could Iran pressures last?Yet there is something unusual about this energy shock. The 3 November vote is six days after the Budget.

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Canonical URLhttps://www.bbc.co.uk/news/articles/cklye5e40531o?at_medium=RSS&at_campaign=rss
Publication timeSat, 26 Sep 2026 23:00:42 GMT
Retrieval time2026-09-26T23:15:42.895Z
Last seen2026-09-26T23:15:42.895Z
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Faisal Islam: The two big calls the chancellor has to make ahead of the BudgetImage source, AFP via Getty ImagesByFaisal IslamEconomics editorPublished14 minutes ago"It is tough," John Healey admitted to me earlier this month when I asked him if there had been too much doom-mongering?"Conflicts, uncertainty, driving up inflation, driving up interest rates. But we've got great strengths. We've got good reasons to be confident about the future of Britain," he insisted.The new scheme to try and help young people get on the property ladder, announced on Saturday, was aimed at boosting confidence in the economy.But the chancellor is now facing two big decisions before his inaugural Budget on 28 October.Firstly, about the longevity of the economic pressures caused by the Iran War, and then…

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