Oil price rise creates more pressure on UK policymakers before budget

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Oil price rise creates more pressure on UK policymakers before budget - short news

Treasury sources concede ‘less room’ for manoeuvre as global bond selloff also hikes government’s borrowing costs

International bodies warn of rising debt and borrowing risks

Burnham stands by claim UK is ‘in hock’ to bond markets

Oil prices lurched upwards again on Thursday, creating a growing headache for UK policymakers ahead of John Healey’s budget next month.

While Healey has been keen to present an upbeat picture of the UK’s economic..

source: The Guardian - 24.09.2026

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Increase comes after Fed decision to raise interest rates, as Americans struggle with high prices and stagnant wages

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Treasury sources concede ‘less room’ for manoeuvre as global bond selloff also hikes government’s borrowing costs

International bodies warn of rising debt and borrowing..

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