‘Budget is bold enough’ despite limited ‘room for manoeuvre’, Andy Burnham says
The package raises taxes on banks and gambling firms while giving millions of households £100 for energy bills and tax breaks for high street businesses.
- On Wednesday, Chancellor John Healey announced a Budget featuring £100 payments for millions of households to help with soaring energy bills, alongside tax breaks for high street firms.
- Healey introduced these measures to provide 'breathing space' for the public amid a difficult domestic economic situation exacerbated by turmoil from the war in Iran.
- Prime Minister Andy Burnham defended the plan, noting it helps 20 million households with energy costs through council tax cuts and lifts 70,000 businesses out of business rates.
- Tory leader Kemi Badenoch labeled the Budget 'not bold enough,' while Reform UK Treasury spokesman Robert Jenrick called it a 'nothing burger' delaying necessary decisions.
- The Office for Budget Responsibility warned growth will slow sharply after this year, with director Helen Miller stating 'the plan to reduce borrowing has been pushed back.
12 Articles
12 Articles
‘Budget is bold enough’ despite limited ‘room for manoeuvre’, Andy Burnham says
The influential Institute for Fiscal Studies think tank said the Budget’s ‘raft of fiddly measures’ would do little to boost growth.
‘Pretty bold’: Burnham defends Healey’s Budget
Andy Burnham has jumped to the defence of John Healey’s first Budget, claiming it was “pretty bold” and looked to “help everybody”. The Prime Minister said on Wednesday afternoon that the Chancellor delivered on support to British households and businesses. He told broadcasters: “It’s pretty bold to help 20m households with their energy costs through a council tax cut this winter. It’s bold to lift 70,000 businesses out of business rates altog…
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