‘Budget is bold enough’ despite limited ‘room for manoeuvre’, Andy Burnham says
- 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.
34 Articles
34 Articles
Natalie Fleet MP Column: "Breathing space is what we need for the long, cold Winter ahead"
‘Breathing space’ was the much-mentioned phrase that you may have heard from the Budget – the first under our new Prime Minister Andy Burnham.
Andy Burnham ally scores John Healey's Budget four out of 10 in damning verdict
A former adviser to Andy Burnham has scored John Healey's Budget four out of 10 in yet another damning verdict on Labour's economic plan.Andy Haldane, a former chief economist at the Bank of England who advised Mr Burnham as Greater Manchester Mayor, delivered a withering verdict on the Chancellor’s maiden economic statement. On Wednesday, Mr Healey said his budget would provide Britain with “breathing space now, fresh hope for the future”.“We k…
A ‘bittersweet’ budget, says catering association
A catering association has described the Budget 2027 as “bittersweet”, welcoming tax cuts for SMEs and new VAT guidelines while expressing “serious concern” about measures affecting non-EU workers. In a statement, the Association of Catering Establishments (ACE) said the €1,000 annual ‘superbonus’ set to be paid to workers by April was “certainly music to every...
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