The Budget: What will be in it? What might be in it? What can be ruled out?

What do we know about John Healey's first Budget?

We examine which taxes are likely to rise, which have been ruled out and whether Healey might reverse some of Labour's most unpopular policies.

The Budget: What will be in it? What might be in it? What can be ruled out?

John Healey will deliver his first Budget as Chancellor next week.

How John Healey should approach his budget headache

How John Healey should approach his budget headache sam.macrory Thu, 22/10/2026 - 15:34 IfG experts set out how the chancellor should approach a difficult budget. 6 Comment Ben Paxton Dan Haile Thomas Pope Rosa Hodgkin Institute for Government Yes On 28 October John Healey will deliver his first budget as chancellor. Public finances Budget Tax Public spending Defence and security Economy Labour Chancellor of the exchequer Prime minister Burnham…

Five key tax talking points before next week’s budget

As the chancellor prepares for 28 October, we unpack the facts and figures – and the implications any changes could mean for you As John Healey prepares his first budget as chancellor, tax is the small word that is likely to cast a large shadow over next week’s big fiscal announcement. In its…

Will John Healey’s budget be a disaster?

Could the October 2026 Budget become one of the biggest failures in British Budget history? Chancellor John Healey will deliver his first Budget for Andy Burnham’s Labour government on 28 October, but I fear he may be preparing for an economic future that simply does not exist. In this video, I explain why the world economy faces extraordinary risks in 2027 and why the Chancellor must fundamentally rethink his approach to economic management if…