Healey announces his first Budget will be on 28 October
Chancellor John Healey has announced that his first budget will be delivered on October 28. The budget will focus on fiscal discipline and stability while aiming to shift economic power away from Westminster.
Why it matters
This budget announcement sets the economic agenda for the new government and will determine how they balance manifesto pledges with public spending constraints.
Image source, Getty Images Image caption, Chancellor John Healey said his first budget would be built around fiscal discipline
Chancellor John Healey has announced the date of his first Budget will be Wednesday, 28 October.
In a video message, he said: "This will be a Budget that moves money and power out of Westminster, and into every postcode around Britain.
"It will be built on fiscal discipline. It will meet our fiscal rules. It'll give businesses and families some of the stability they need to plan for the future. Now, let's get on with the job."
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