Energy CRISIS: BROKE Labour warned NOT to help Brits at Budget as fuel prices SOAR and markets panic
By GBNews
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Justin Urquhart Stewart backs IMF calls for Labour to restrain public spending ahead of an energy price crunch, with gas prices set to rise by up to 25% and an ongoing global diesel supply crisis due to the Iran war and Houthi rebels. While the British economy defied expectations and grew by 0.1% in August, Urquhart Stewart says the media must stop congratulating Labour on what is effectively a growth rate of zero. Urquhart Stewart believes a brewing bond market crisis in France could spread to Britain, though a competent Chancellor may use a French crisis to position a more fiscally restrained Britain as a safehaven for investors. #economy #energy #iran #donaldtrump #labour #Budget Keep up to date with GB News at gbnews.com or on X @GBNEWS Become a Friend of GB News: gbnews.com/friend
Tags: GB News, GB News Live, GBN, Politics, UK, News, Analysis, Breaking News, News Update, World News, Reports, economy, energy, andy burnham, donald trump, labour, Budget 2026, john healey, economic growth, diesel supply
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