Flip News — uk-budget-2026 news https://flipnews.co.uk/topics/uk-budget-2026/ The latest Flip News stories on uk-budget-2026. en-GB Mon, 05 Oct 2026 09:04:25 GMT EY warns chancellor's fiscal headroom has halved to £11bn — and could turn into a £7bn deficit https://flipnews.co.uk/business/ey-headroom-halves-budget-warning/ https://flipnews.co.uk/business/ey-headroom-halves-budget-warning/ Mon, 05 Oct 2026 00:00:00 GMT EY economists estimate John Healey's fiscal headroom has more than halved to about £11.3bn since March — and warn it could flip into a £7bn deficit if the Strait of Hormuz stays shut into 2027. James Calloway uk-budget-2026 uk-economy ey fiscal-headroom iran-war The Times