World News
Healey backs away from cutting welfare cost despite warnings of public finance shortfall
Source: World news | The Guardian · Published
Experts round on chancellor over ‘scattergun’ budget, saying he ducked big tax and spending decisions John Healey has backed away from cutting the cost of welfare this parliament, amid dire warnings his first budget could lead to brutal spending cuts because of a £28bn shortfall
Experts round on chancellor over ‘scattergun’ budget, saying he ducked big tax and spending decisions John Healey has backed away from cutting the cost of welfare this parliament, amid dire warnings his first budget could lead to brutal spending cuts because of a £28bn shortfall in public finances. Experts rounded on Healey’s steady-as-she-goes budget on Thursday, with the Institute for Fiscal Studies saying he had left himself a mountain to climb by ducking big tax and spending decisions. Continue reading...
Related stories
The ‘breathing space budget’ – breathing space for the government, that is | John Crace
John Healey aced the morning-after media round because his Martin Lewis measures left nothing to challenge him on Maybe it had been one of the greatest acts of political genius after all. The day after the budget is usually the moment when things start to fall apart. When clued-u
Business | The Guardian ·
Healey’s budget paves way for ‘brutal’ spending review next year, warns IFS
Thinktank says chancellor has given himself a mountain to climb after ducking big decisions in low-key speech John Healey has paved the way for a “brutal” spending review next year after his budget failed to cover a £28bn shortfall in the public finances needed to avoid a return
Business | The Guardian ·
Healey provides some breathing space but things still set to get worse for most
The chancellor talked of charting a new course for Britain, but the impact of Iran war has limited his options.
feeds.bbci.co.uk ·
Healey unveils £100 for energy bills and bank tax in first Budget
The chancellor targets the cost of living amid global economic turmoil but opposition parties say he has not been bold enough.
feeds.bbci.co.uk ·
Will Healey’s budget tackle the cost of living? – podcast
John Healey has delivered a ‘steady as she goes’ budget, with help for the cost of living a big theme. The chancellor promised a £100 energy payment for some households, extended the VAT suspension on electricity bills to next July and confirmed the scrapping of gas standing char
Business | The Guardian ·