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Live Updates  >  Live Update Details

2026-09-16 18:54:08

[British Prime Minister: Inflation is Worrying, But the Economy Shows Resilience] ⑴ British Prime Minister Burnham said on Wednesday that he is prepared to make tough decisions to ensure the economy stays on track, after UK inflation rose to a five-month high due to the war with Iran. ⑵ Burnham told reporters that tough decisions will be made to ensure the economy does not derail. ⑶ He said that the 3.1% inflation in August was indeed worrying, but the fundamentals of the economy showed resilience. ⑷ Burnham also said that he and the Chancellor of the Exchequer will take these issues into consideration in the budget. ⑸ He emphasized that this government is not a traditional socialist government that collects taxes and spends money. ⑹ The unexpectedly strong inflation data and the Prime Minister's statements have intertwined, increasing market attention to the UK's fiscal policy path and the direction of the central bank's interest rates. Specific measures in the subsequent budget will be a key focus of observation.

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