John Healey vows to give ‘breathing space’ to consumers and businesses in first budget
Why This Matters
Key context: <p>Speaking at IMF meeting, chancellor says he will stick to fiscal rules while recognising business and living costs</p><ul><li><p><a href="https://www.theguardian.com/politics/live/2026/oct/15/uk-politics-latest-news-updates-nigel-farage-reform-labour-conservatives">UK politics live – latest updates</a></p></li><li><p><a href="https://www.theguardian.com/business/live/2026/oct/15/tech-stock-sell-off-markets-uk-gdp-economy-august-imf-latest-news-updates">Business live – latest updates</a></p></li></ul><p>John Healey has promised to use his first budget in a fortnight’s time to offer consumers and businesses a “breathing space” while sticking to Labour’s fiscal rules.</p><p>Speaking to journalists in Bangkok, where he has been attending the International Monetary Fund annual meetings, the chancellor said he was conscious of rising costs.</p> <a href="https://www.theguardian.com/politics/2026/oct/15/john-healey-first-budget-breathing-space-consumers-businesses-imf-living-costs">Continue reading...</a> This development from The Guardian highlights ongoing changes in the sector.
Speaking at IMF meeting, chancellor says he will stick to fiscal rules while recognising business and living costsUK politics live – latest updatesBusiness live – latest updatesJohn Healey has promised to use his first budget in a fortnight’s time to offer consumers and businesses a “breathing space” while sticking to Labour’s fiscal rules.Speaking to journalists in Bangkok, where he has been attending the International Monetary Fund annual meetings, the chancellor said he was conscious of rising costs. Continue reading...
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