John Healey’s Budget spending plans strain credibility, economists warn
Leading think-tanks say chancellor’s pledge to slash deficit does not seem likely given pressures on public services and households
Leading think-tanks say chancellor’s pledge to slash deficit does not seem likely given pressures on public services and households
John Healey hid some nasty tax hikes in his Budget documents.
Burnham And Healey's Budget Has Trapped Britain In A Doom-Loop Authored by Phil Mullan via Spiked , A budget is not just about the public finances. It is the annual economic set-piece where the government presents its broader aims and...
What the latest tax and spending plans could mean for your bills, pay and pocket.
Who is covering this
Together, Rachel Reeves and John Healey have now announced increases projected to increase the burden by £85billion by 2031-32.
Who is covering this
IPPR Scotland director Stephen Boyd argues John Healey's debut budget was cautious to a fault — leaving Scotland's £4.7bn fiscal gap largely unaddressed, living standards flatlining, and a stagnation crisis quietly deepening.
Banks are hit as Lord Sadiq Khan gets new powers to boost transport network
Who is covering this
Chancellor John Healey's debut Budget was put under the spotlight at The Herald's Budget Briefing event
Political editor Chris Mason analyses Chancellor John Healey's Budget 2026 announcements.
EXCLUSIVE: Pete Grogan, 61, also thanked the Chancellor for the 4p off his gherkins.
Support on the cost of living, and in particular energy bills, as well as announcments on devolution will be central to John Healey's first Budget. Tourism and business leaders have been reacting to John Healey's first Budget as...
New comments from Chancellor have sparked fears Labour could fail to hit a crucial threshold.
The Chancellor appeared to dodge questions about exactly how he intended to fund his Budget commitments, which will need £11billion a year to achieve.
Chancellor John Healey was described as delivering a "nothing" Budget on Wednesday. Do not be fooled.
Cheaper gherkins, £100 towards energy bills, higher taxes on banks and billions for defence. John Healey’s first Budget had something for everyone. But was there a main course among the picky bits? In this Budget...
A beauty salon owner has slammed the Budget after revealing how a 49p minimum wage increase could leave her business facing an extra £20,000 a year in costs.
John Healey reassures gilt investors as he defers key choices on spending amid rising fiscal pressures
Stuart Machin hits out at Labour but welcomes expected UK-EU food deal as retailer reveals half-year results The chief executive of Marks & Spencer has called John Healey’s first budget as chancellor a “whole lot of nothing” and...
Chancellor John Healey's plans fall short of radical action to create a promised new economic model.
Labour’s “scattergun” Budget has been criticised by experts for spreading cost of living support “too thinly” – meaning Brits have a tough period ahead of them. Chancellor John Healey promised to offer the public “breathing space” in...
Watch more on Independent TV: https://tinyurl.com/yc7ukx9n The Independent is the world’s most free-thinking newsbrand, providing global news, commentary and analysis for the independently-minded. Subscribe:...
UK chancellor John Healey claimed his first Budget 'for working people' would help Britain navigate global 'storms' in the short term and create the conditions for growth. What does a former chief economist at the Bank of England make...
ANALYSIS - HARVEY JONES: In last month's Budget, Labour went after savers again. Chancellor John Healey is punishing Brits for doing the right thing.
Brace For A Decade Of Pain, Warns Britain's IFS The Institute for Fiscal Studies says Britain is on course for the weakest decade for household income growth on record after Chancellor John Healey's first Budget, which the think tank...
Who is covering this
Deputy First Minister Jenny Gilruth has been warned copying Chancellor John Healey's new tax on landlords in her Budget will lead to higher rents and exacerbate a housing emergency.
ANALYSIS - HARVEY JONES: Chancellor John Healey has tried to protect low-income state pensioners from paying tax. He chose a horribly complex way of doing it.
Who is covering this
The extra cash from the Chancellor will be used to bring back the Union Learning Fund - a Blairite scheme which was axed by the Tories in 2021.
John Healey and Andy Burnham have torn up six of Rachel Reeves' rules.
We need policies that stop treating property as a store of wealth and that allow people to move home cheaply John Healey’s critics on the right and left accused him of dodging the big questions in his first budget . The chancellor...
Ibstock has issued a thumping profits warning, with sales 22% below expectations in the third quarter With John Healey’s Your First Home scheme on the way, is the mood improving in the housebuilding sector? A couple of the builders have...
In her first major intervention since leaving the Treasury, Rachel Reeves says Brexit has made the UK "poorer, weaker and less secure". Covered by 3 outlets: 1 lean left, 2 are centre.
Last week, we had the spectacle of Liz Truss telling us she did a great job. Now it's the turn of Rachel Reeves.
Labour’s recently departed grandees are keen to defend their legacies. Is Andy Burnham really offering Britain something new? Rachel Reeves wants you to know she thinks Britain’s future belongs in Europe. She would...
Former chancellor backed Andy Burnham’s stance on potentially deepening ties with the EU
With Gov. Maura Healey heading into her second term in Massachusetts, the Bay State has become one of the most expensive states to live in
The Chancellor has suggested that younger workers might not receive the same minimum wage as others before the next election.
Chancellor John Healey fails to guarantee equalisation with adult wage will happen in timeframe set out in manifesto Labour looks less likely to meet its manifesto pledge to equalise the minimum wage for younger...
Defence secretary says value for money and modernisation key for spending to ‘fight the wars ahead’ The defence secretary, Wes Streeting, says he started stockpiling food and water weeks ago in case of a national emergency, as he talked...
John Swinney's warnings that Scotland is being left exposed to Russian threats were branded 'irresponsible and unfounded' by Defence Secretary Wes Streeting.