‘Budget is bold enough’ despite limited ‘room for manoeuvre’, Andy Burnham says
Healey said the package will give 20 million households £100 for energy bills and lift 70,000 businesses out of business rates.
- 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.
41 Articles
41 Articles
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U.K. Prime Minister Andy Burnham said his chancellor’s budget this week was not what he’d want in an “ideal world,” after it was criticized by economists, political opponents and some within Labour as failing to grasp the moment. John Healey…
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‘Breathing space’ was the much-mentioned phrase that you may have heard from the Budget – the first under our new Prime Minister Andy Burnham.
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