Budget will have to reflect ‘tough time’, Healey says during IMF visit The Chancellor said the British people expected Government departments to ‘manage with the budgets we’ve got’. Evening Standard · Oct 15
UK economy unexpectedly grows in August despite fall in consumer spending Latest data showing surprise 0.1% growth is boost to John Healey a fortnight before his first budget The Guardian - UK · Oct 15
UK households have paid extra £13,961 on bills since 2021 amid soaring inflation, TUC says Trades Union Congress urges chancellor to tackle rising additional living costs in this month’s budget The Guardian - UK · Oct 15
Britain to fund repairs to Chernobyl power plant hit by Russian drone attack The UK will provide £17 million to help restore its protective shelter and ventilation, which were damaged by an attack last year. Evening Standard · Oct 14
Britain pledges £17 million to repair Chernobyl power plant hit by Russian drone strike Andy Burnham reinforces support for Ukraine following talks with Volodymyr Zelensky The Independent UK · Oct 14
The UK energy secretary is flirting with a bad idea for bills – the ‘rising block tariff’ There are many reasons to reject this affordability ‘solution’, not least it being complex and fiddly. Just keep things simple The Guardian - UK · Oct 14
Done family took £30m dividend from Betfred before warning of job cuts Money was withdrawn from gambling firm before founder warned chancellor against doubling machine games duty The Guardian - UK · Oct 14
John Healey ‘targets tax crackdown on online marketplaces’ in first budget Move aimed at firms such as Amazon and eBay could raise up to £1bn more for Treasury, says report The Guardian - UK · Oct 14
Chancellor targets Amazon and Temu in tax crackdown to deliver Budget for ‘white van man’ It comes amid growing concern that Chinese retailers are using online marketplaces to undercut British competitors by evading the 20 per cent VAT on all their sales The Independent UK · Oct 14
UK high street bosses urge chancellor to cut cost of employing young people Retailers call on John Healey to raise national insurance contributions threshold in his first budget The Guardian - UK · Oct 13
Wes Streeting’s unintelligible jargon shows how well he’s bedded in at the MoD For the first time in his life, Wes is enjoying keeping secrets – though he did admit he isn’t ‘keen on fighting a war’ The Guardian - UK · Oct 13
Chancellor Healey told to raise taxes by £8 billion ahead of Budget The Resolution Foundation called for the Budget on 28 October to hike taxes – including on pensioners The Independent UK · Oct 13
Healey warned against delaying tough Budget decisions as fiscal buffer halves The Resolution Foundation called for the Budget on October 28 to hike taxes – including on pensioners. Evening Standard · Oct 13
IMF raises UK growth forecast as economist says Healey should ‘stay the course’ Fund upgrades UK’s GDP growth forecast for 2026 to 1.3%, but says it is likely to edge down next year The Guardian - UK · Oct 13
The Guardian - UK · Oct 13 JPMorgan misses profit expectations as bank boss warns of ‘large fiscal deficits’ and ‘sticky inflation’ - as it happened Rolling coverage of the latest economic and financial news
Evening Standard · Oct 13 UK households to see higher-than-expected inflation as energy prices jump – IMF Prime Minister Andy Burnham is also now expected to see UK economic growth slow down next year, according to fresh forecasts.
Evening Standard · Oct 12 UK spent more than £1 trillion more on welfare than infrastructure in past 20 years The report comes as Chancellor John Healey faces pressure to reduce welfare spending at his Budget later this month
The Independent UK · Oct 12 Fact check: Claim on economic growth under Gordon Brown excludes financial crash The figures focus on Mr Brown’s time as chancellor.
Evening Standard · Oct 12 IFS warns against ‘steady-as-you-go’ Budget as inflation not headroom is key Higher interest rates on Government debt will push up borrowing by about £10 billion in 2029-30, the IFS said.
Evening Standard · Oct 12 When is the Budget 2026? Chancellor John Healey set to announce major tax and spending changes Here’s everything we know ahead of the Chancellor John Healey’s big speech
The Independent UK · Oct 12 Healey told he has two stark choices to avoid public spending cuts ahead of Budget IN FULL
The Guardian - UK · Oct 12 IFS: budget will be ‘work of fiction’ without clear plan to cover UK’s £35bn spending pressures Thinktank’s influential pre-budget report urges key decisions to be made now and not put off until next year
The Independent UK · Oct 11 Raise taxes or cuts benefits to fill £35bn Budget hole, Healey warned The Institute for Fiscal Studies warned the chancellor against making the Budget ‘a work of fiction’
Evening Standard · Oct 11 Tax rise threat to London in Chancellor John Healey's first Budget laid out by top economists The Institute for Fiscal Studies warned of ‘chunky cuts’ to public services if John Healey does not raise taxes or cut benefits by up to £35billion
Evening Standard · Oct 10 Tories urge Chancellor not to raise tax in five Budget ‘tests’ Shadow chancellor Andrew Griffith said John Healey should ‘stop the tax ratchet’.