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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 annual meeting in Bangkok, chancellor says he will stick to fiscal rules while recognising business and living costs UK politics live – latest updates Business live – latest updates 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 (IMF) annual meetings, the chancellor said he was conscious of rising costs.

Read the original report at The Guardian.

Read in depth: Business

Sources and context

The Guardian

Source headline and summary supplied via NewsData.io. First collected by NewsJaws on 2026-10-16. This is an automated news brief, not original NewsJaws reporting. Dates reflect the source publication. Feed delays may apply.

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