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Budget Space Threatened
- British Prime Minister Andy Burnham is considering providing Saudi Arabia with military support against the Houthis in Yemen.
- The Treasury warned the aid could shrink fiscal space for Chancellor John Healey’s October 28 budget.
- Ed Miliband said the UK stands firmly with Saudi Arabia and Yemen’s recognized government.
- Brent crude hit $108 a barrel, reflecting market strain as Saudi pipeline stayed offline.
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