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Healey walks back welfare cut comments hours after BBC interview
John Healey was forced into a humiliating reversal just hours after suggesting welfare spending would fall before the general election.
budget 2026
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Money
Healey cuts gas standing charges to save households £45 as Budget lands
Chancellor John Healey’s first Budget under PM Andy Burnham includes scrapped gas charges, £1bn for housing and defence boosts.
Money
£100 energy payment and fuel duty freeze in the Burnham-era Budget
Chancellor John Healey delivers first Budget of the Andy Burnham era with £100 energy payments and fuel duty freeze.
Money
20m households to get £100 energy cash as council tax site crashes
Chancellor John Healey confirms a £100 direct payment for 20 million households, funded by a windfall tax on banks.
Money
UK businesses in record distress ahead of Budget
Over 738,000 UK businesses in significant financial distress, the highest level since 2004, as the chancellor prepares his first Budget amid rising costs and…
News
Burnham’s Brexit rethink sparks tension as Budget looms
As Andy Burnham’s 100-day government hits a crunch point, a low-key Budget and bold Brexit talk stir debate across Labour ranks [1].
Money
UK profit warnings hit 2-year high as Budget chaos looms
UK-listed firms issued 65 profit warnings in Q3 — the highest since 2024 — as policy shifts and war-driven costs bite [1]
Money
Healey to Hit Banks with £2.25bn Tax Hike in Tough October Budget
Chancellor John Healey poised to reverse bank tax cuts, raising £2.25bn annually amid soaring borrowing costs from Middle East conflict [1]
Money
UK Economy Surges 0.1% in August Despite Spending Drop
UK economy grows 0.1% in August despite falling consumer spending, boosting hopes ahead of chancellor’s 28 October budget [1]
