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What to expect from John Healey’s first budget: who wins, who pays?

Source: The Guardian Published Wed, 28 Oct 2026 06:00:02 GMT
What to expect from John Healey’s first budget: who wins, who pays?

Why This Matters

Key context: <p>Struggling households, new homebuyers and small shops stand to gain, while banks and online marketplaces could face higher levies</p><ul><li><p><a href="https://www.theguardian.com/uk-news/ng-interactive/2026/oct/22/uk-budget-game-2026-john-healey-labour-andy-burnham">You be the chancellor: play our budget game to see if you can balance the books</a></p></li></ul><p>John Healey will present his first budget on Wednesday, which will set the tone for Andy Burnham’s premiership.</p><p>Despite the chancellor’s promises in the summer that the tax and spending event would not be beset by the leaks that preceded those of his predecessor, Rachel Reeves, <a href="https://www.theguardian.com/uk-news/2026/oct/25/john-healey-chancellor-budget-secrecy">both official and unofficial sources</a> have indicated much of what Healey is likely to announce. Here’s what to expect:</p> <a href="https://www.theguardian.com/uk-news/2026/oct/28/what-to-expect-from-john-healeys-first-budget-who-wins-who-pays">Continue reading...</a> This development from The Guardian highlights ongoing changes in the sector.

Struggling households, new homebuyers and small shops stand to gain, while banks and online marketplaces could face higher leviesYou be the chancellor: play our budget game to see if you can balance the booksJohn Healey will present his first budget on Wednesday, which will set the tone for Andy Burnham’s premiership.Despite the chancellor’s promises in the summer that the tax and spending event would not be beset by the leaks that preceded those of his predecessor, Rachel Reeves, both official and unofficial sources have indicated much of what Healey is likely to announce. Here’s what to expect: Continue reading...

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