The Guardian

Chancellor targets cost of living crisis in budget for a ‘difficult moment’


Healey hopes to give ‘hope for the future’ but only modest policies are expected with important decisions deferred

John Healey has acknowledged the UK faces a “difficult moment” but insisted he would put the country on a better path as he delivers his first budget on Wednesday against a turbulent global economic backdrop.

But despite the international uncertainty, the chancellor will signal “fresh hope for the future” as he attempts to sound a more optimistic note, by providing households with breathing space from rising cost of living pressures.

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Source link : https://www.theguardian.com/uk-news/2026/oct/27/john-healey-budget-help-with-cost-of-living-deferring-decisions-on-tax-and-spending

Author : Pippa Crerar and Heather Stewart

Publish date : 2026-10-27 22:34:00

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