October 15, 2026
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John Healey vows to give ‘breathing space’ to consumers and businesses in first budget

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Speaking at IMF meeting, chancellor says he will stick to fiscal rules while recognising business and living costs

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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The post John Healey vows to give ‘breathing space’ to consumers and businesses in first budget appeared first on World news | The Guardian.

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