John Healey vows to give ‘breathing space’ to consumers and businesses in first budget
UK Chancellor John Healey has promised a budget that provides 'breathing space' for consumers and businesses while maintaining fiscal discipline. He is expected to announce energy support measures ahead of a projected price cap increase.
Why it matters
The UK government's fiscal policy directly impacts the cost of living and business investment during a period of economic uncertainty.
John Healey, centre, talks to his German and Australian counterparts, Lars Klingbeil and Jim Chalmers, at the IMF/World Bank meeting in Bangkok. John Healey, centre, talks to his German and Australian counterparts, Lars Klingbeil and Jim Chalmers, at the IMF/World Bank meeting in Bangkok. John Healey John Healey vows to give ‘breathing space’ to consumers and businesses in first budget Speaking at IMF meeting, chancellor says he will stick to fiscal rules while recognising business and living costs
Prefer the Guardian on Google 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.
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.
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