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budget 2026

  • Haigh and Healey to host business chiefs in Downing Street

    September 14, 2026

    Louise Haigh and John Healey will lead meetings with top business chiefs in Downing Street this evening after Andy Burnham cancelled his official engagements following the death of his father. The First Secretary of State will host a roundtable with entrepreneurs, which is set to be followed by an evening drinks reception. The Chancellor and [...]

  • ‘Calm before the storm’: City warns Healey growth spurt won’t last

    September 11, 2026

    The UK economy’s surprise summer growth spurt is set to be “blown away” by a spike in energy prices and a recent surge in the cost of borrowing, economists have warned the government. Fresh figures revealed on Friday that the economy expanded 0.4 per cent in July, ahead of initial forecasts that predicted flat growth. [...]

  • JP Morgan boss Jamie Dimon to meet Chancellor John Healey ahead of Budget

    September 9, 2026

    JP Morgan boss Jamie Dimon is set to meet John Healey today ahead of the new Chancellor’s first Budget, City AM understands. The American banker – regarded as one of the most influential figures in global finance – is due to meet Healey in London for the first time following a phone call exchange last [...]

  • Healey says growth is ‘pathway out of debt’ but bats away tax questions

    September 7, 2026

    Chancellor John Healey said he will “not speculate” on expected tax rises at his maiden Budget next month as he said growth was at the “heart of fiscal challenges” facing the UK.  In his first major speech as Chancellor in Coventry, Healey batted away questions about whether businesses and households were set to face another [...]

  • House prices fall for first time in three years as borrowing costs weigh on buyers

    September 7, 2026

    House prices fell in the year to August in the first annual decrease in nearly three years, as high borrowing costs cause prospective buyers to “sit tight”.  The average UK house price edged down 0.2 per last month to £298,468, according to Lloyds’ house price index. This marks a 0.4 per cent year-on-year fall, the [...]

  • Healey launches £150m northern scale-up fund

    September 7, 2026

    Chancellor John Healey is to pile £150m into start-ups in the North of England as part of the government’s bid to use devolution to drive economic growth.  Healey will announce a new fund designed to back university spin outs and other start-ups in Liverpool, Manchester, Leeds, Sheffield and Newcastle.  The Chancellor will announce the fund, [...]

  • Budget tax hikes would be ‘road to ruin,’ Healey warned

    September 6, 2026

    A top business trade body has warned Chancellor John Healey that tax hikes at the October Budget would set the UK on the “road to ruin”.  The British Chambers of Commerce (BCC) has urged the Chancellor not to “pile more taxes on firms,” saying that the Treasury should instead cut the costs facing firms to [...]

  • Business confidence hits two-year high ahead of Budget

    September 6, 2026

    Business confidence has risen to a near-two-year high as the output of UK firms grows despite the looming October Budget.  The optimism of British firms has reached its highest level since just before the 2024 Autumn Budget, according to advisory firm BDO.  Its business optimism index jumped to 94.22 in August, fuelled by a strong [...]

  • Services sector cuts jobs for nearly two years under cost pressures

    September 3, 2026

    Employment in the UK’s services sector dropped for the 23rd consecutive month in August as businesses maintained hiring freezes and trimmed headcounts following cost pressures. S&P’s latest Purchasing Managers Index (PMI) for the services industry – which is closely monitored by economists – revealed the sector has continued its longest continuous stretch of workforce reductions [...]

  • Burnham’s presidential summer is over

    September 1, 2026

    Andy Burnham has been enjoying a presidential summer. He’s communicated with the public through podcasts and social media; delivered the occasional speech; toured the country and generally made his own weather. Today, he’ll come crashing back down to parliamentary reality. Two months ago there were reports that the then mayor of Manchester and Makerfield by [...]

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