The Autumn Budget Crunch: Chancellor Healey's £10bn Hole as Costs Spiral and Billionaires Flee

Chancellor John Healey is racing to find £10bn before his Autumn Budget on 28 October — and your household is squarely in the crosshairs. After the Iran war sent government borrowing costs soaring, the fiscal headroom has collapsed from £23.6bn to roughly £12bn, with a further downgrade from the OBR potentially trimming another £2bn. That's left the Treasury in "live discussions" about slashing the mansion tax threshold from...