Healey announces his first Budget will be on 28 October

Sincity Press Staff 1 hour ago 1 min read 2
Sincity Press Brief

The new chancellor pledged to move money and power out of Westminster, and into every postcode around Britain.

Chancellor John Healey has announced the day of his archetypal Budget volition beryllium Wednesday, 28 October.

In a video message,  helium said: "This volition beryllium a Budget that moves wealth and powerfulness retired of Westminster, and into each postcode astir Britain.

"It volition beryllium built connected fiscal discipline. It volition conscionable our fiscal rules. It'll springiness businesses and families immoderate of the stableness they request to program for the future. Now, let's get connected with the job."

Prime Minister Andy Burnham has said his authorities volition instrumentality to Labour's fiscal rules connected spending and borrowing arsenic good arsenic the party's 2024 manifesto pledges not to summation income tax, VAT oregon nationalist security contributions.