Thursday, 15 October 2026 Updated 7 min ago
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John Healey vows to give ‘breathing space’ to consumers and businesses in first budget

Speaking at IMF meeting, chancellor says he will stick to fiscal rules while recognising business and living costs UK politics live – latest updates…

Image accompanying the story: John Healey vows to give ‘breathing space’ to consumers and businesses in first budget
Image: Photograph: Athit Perawongmetha/Reuters · via The Guardian

The Guardian reports: Speaking at IMF meeting, 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.

This politics story centres on the United Kingdom. Names and organisations mentioned in the coverage include John Healey, IMF and UK.

Why it matters

Political decisions and disputes like this can influence policy, public services and the direction of government.

Key details

Location
United Kingdom · Europe
Reported by
The Guardian
First reported
Key names
John Healey, IMF, UK, Business
Section
Politics

Sources

This is an independent summary. Read the full, original reporting from the publisher:

Read the full story at The Guardian

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