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United Kingdom·Iran·United States·Trade & Economy·Energy·Diplomacy

UK minister warns Iran conflict will complicate November budget

Monday, 21 September 2026, 06:21 · 1 min read

A senior UK government minister has cautioned that Donald Trump's military campaign against Iran is creating inflationary pressures that will make the upcoming budget more difficult to deliver. Bridget Phillipson, Labour chair and minister for women and equalities, told broadcasters that disruption to global oil supplies stemming from the US-Iran conflict poses a real challenge for Chancellor John Healey as he prepares the budget later next month, though she stressed the UK economy remains in a strong position overall. Phillipson also dismissed concerns that Prime Minister Andy Burnham's past critical remarks about Trump — including stating the US president would not be welcome in Manchester — would undermine the bilateral relationship ahead of the two leaders' expected meeting at the UN General Assembly in New York.

Sources
The Guardian — UK minister warns of impact of Trump’s Iran war on next month’s budget ↗︎
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