The UK's fiscal outlook ahead of the new prime minister's first Budget
Channel 4 News reports a former Bank of England economist's warning that the UK is on “thin fiscal ice,” amid sluggish growth and rising living costs.
TLDR
Channel 4 News reports that a former Bank of England economist described the UK as being on “thin fiscal ice.” In reporting shared on September 21, 2026, the outlet describes sluggish growth, rising living costs and a war in Iran that threatens to send inflation soaring, with the new prime minister's first Budget just weeks away.
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