Our economics and political editors dissect John Healey’s maiden budget The Guardian’s economics editor, Heather Stewart, and political editor, Pippa Crerar, assess the chancellor’s budget: what he said, why – and what he left out. Continue reading...
Budget briefing: the key questions answered by Heather Stewart and Pippa Crerar
Source: The Guardian
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Nigel Farage skips budget in Commons over seating ‘altercation’ concerns
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The Guardian view on Labour’s budget: bold ambitions and welcome first steps | Editorial
Banks, landlords and gambling firms will pay more as the chancellor begins building a fairer economy and a more active state in a cost of living crisis John Healey’s first budget was a Rorschach test. Supporters saw dozens of measures offering “ breathing space” to a public worn down by rising prices. Critics admitted to a slew of announcements but countered that each was modest in value . Underlying both views is that the budget was more ambitious on how a state can do more to protect the public than on how much it spends. The chancellor has taken a small step in the right direction – a tricky feat in a turbulent world. But an economy marked by entrenched inequality and more than a decade of stagnation will need a bigger stride. The Office for Budget Responsibility’s “ pretty grim picture ” of living standards exposes the budget’s central weakness: its relief is temporary, while the squ
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Budget 2026: £100 energy payment for millions and rise in bank tax as watchdog warns on stalling living standards – as it happened
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John Healey has delivered a ‘steady as she goes’ budget, with help for the cost of living a big theme. The chancellor promised a £100 energy payment for some households, extended the VAT suspension on electricity bills to next July and confirmed the scrapping of gas standing charges. But after months of the same old message of ‘hope in difficult times’, and many of the big decisions on tax and spending delayed until next year, what should we take away from today? Continue reading...
The Guardian
Bills, banks, ‘breathing space’: what was in Burnham’s first budget? - The Latest
In his first budget as chancellor, John Healey has pledged to offer ‘breathing space’ to help Britons navigate ‘global economic storms’. There were a record number of measures, including a one-off £100 energy payment to millions and a rise in the levy on bank profits. But the Conservatives have criticised the government for postponing big decisions, including on defence and welfare. Lucy Hough speaks to economics editor Heather Stewart – watch on YouTube Continue reading...