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27th Apr 2026 17:57UKDaily Monitor
  • The latest public finances data show cumulative borrowing for 2025/26 close to the OBR’s forecasts.
  • But that respite will be short-lived, as the war in Iran increases borrowing in 2026/27 by about £19B.
  • The Chancellor’s headroom is less affected, as long as gilt yields and inflation fall back in future years.

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Keywords for: 29 April 2026 UK Monitor

independent macro research, Pantheon Macro, Pantheon Macroeconomics, independent research, ian shepherdson, economic intelligence