UK chancellor's headroom "to halve" amid Iran war, inflation - KPMG - global.morningstar.com
Why now
Thesis: Iran war and inflation halve UK fiscal headroom, pressuring gilts.
Catalyst to watch: UK fiscal update or gilt auction demand.
Main risk: Sterling weakness and gilt volatility.
Why it matters
Iran war and inflation halve UK fiscal headroom, risking gilt volatility and sterling weakness.
Sources
- googlenews · news.google.com · 2026-09-21 07:49 UTC
- googlenews · news.google.com · 2026-09-21 07:49 UTC