John Healey

Factbox-Options for UK finance minister Healey in October 28 budget

Chancellor plans major intervention to help poorer UK households with rising energy bills

Exclusive: Officials working on further radical changes that would change how much energy companies could charge customers John Healey is considering a major intervention to cut energy bills for poorer households at this month’s budget, after ministers became alarmed at forecasts which show bills rising by hundreds of pounds in January. The chancellor is working on plans to spend more than £1bn to help energy consumers, the bulk of which is likely to go towards increasing the discount given to households on certain benefits. Continue reading...

Oct 6, 2026 · byThe Guardian

City steps up opposition to Healey bank tax raid in budget

Some of Britain's leading business groups are mobilising to intensify their opposition to a Treasury tax raid on the banking sector in this month's budget, days before sector chiefs meet the chancellor in person for the first time.

Oct 2, 2026 · bySky News

Would a gambling tax rise in the budget really shut shops and cost jobs?

Most of the betting industry is urging the chancellor not to double slot machine duty to raise up to £460m more a year Gambling industry kingpins are fuming about reports that the chancellor, John Healey, is considering increasing taxes on high-street slot machines in his first budget. The influential Social Market Foundation thinktank, the most vocal advocate for a rise in machine games duty (MGD), from 20% to 40%, thinks the measure could raise between £275m and £460m annually , on top of the roughly £610m collected last year. Continue reading...

Oct 2, 2026 · byThe Guardian

Labour figures uneasy about Healey’s ‘underpowered’ approach to budget

Chancellor faces challenge of volatile global headwinds and soaring energy costs at home as some insiders worry lack of clarity could trigger fresh market shock Senior Labour figures are privately voicing unease about John Healey’s approach to his crucial first budget this month, against the backdrop of volatile global markets and soaring energy costs. The chancellor’s work has been made significantly harder by the global bond sell-off, which continues to raise the cost of government borrowing, and ever increasing energy prices as Donald Trump continues the US war with Iran. Continue reading...

Oct 1, 2026 · byThe Guardian

Healey urged to offer energy support in budget as bills rise 4%

Millions of people in Great Britain face increase from Thursday to an average of £1,723 a year for a typical home John Healey is under growing pressure to offer fresh energy support for households in next month’s budget as millions face a 4% rise in charges from Thursday to an average of £1,723 a year for a typical home. In his speech at Labour’s conference in Liverpool this week , the chancellor warned that the government had limited resources to cushion the worldwide economic shocks hitting Britain, while arguing his budget would have fiscal discipline at its core. Continue reading...

Oct 1, 2026 · byThe Guardian

UK income growth revised upwards as markets hail ‘resilient’ economy

Boost for John Healey before budget as GDP figure shows UK economy grew faster than first estimated in second quarter Business live – latest updates UK households’ incomes grew at a stronger pacethan previously estimated during the first six months of the year, according to revisions of official data. The rise in income per head to 1.1% between January and June followed an increase in the level of economic growth that illustrated the resilience of the UK economy since the outbreak of hostilities in the Middle East more than seven months ago. Continue reading...

Sep 30, 2026 · byThe Guardian

UK bosses left in dark by Burnham and Healey’s emphasis on ‘cost of business’

Chief executives welcome bold action on pensions triple lock but brace for potential tax rises in Budget next month

Sep 29, 2026 · byFinancial Times

UK chancellor uses bitcoin to mock Nigel Farage

UK Chancellor of the Exchequer John Healey used Liz Truss and bitcoin to ridicule the financial policies of Nigel Farage's Reform UK. The post UK chancellor uses bitcoin to mock Nigel Farage appeared first on Protos .

Sep 29, 2026 · byProtos

The Guardian view on Britain’s new chancellor: his purpose must be to protect living standards | Editorial

John Healey has offered a vision, but an energy shock will mean households and businesses need to be offered help in the budget In his first speech to Labour party conference as chancellor, John Healey offered prudence with a purpose in a speech stylistically redolent of his former boss Gordon Brown. Mr Healey made fiscal credibility the condition for his goal of turbocharging apprenticeships for young people, funding for unions to reskill workers and spending on defence to create manufacturing jobs. The speech’s imagery was canny: miners, shipyards and submarines give “reindustrialisation” a recognisable Labour history. He also faced the future with a clever line about British workers “harnessing AI, not being outrun by it”. His message was that the “politics of hope” will be earned through “fiscal discipline, good work and through strong industries”. The new Labour chancellor sounded like New Labour when he claimed that it was “not progressive to allow a bigger and bigger benefits bill”. What was lacking was a plan for care work, public services and the energy transition. Mr Healey clearly has a story about the supply of properly trained workers and another one about revitalising industry, but he offered little explanation of how enough good jobs will be created across the wider economy. Labelling a defence contract “industrial renewal” does not prove it is the best use of state capacity. Continue reading...

Sep 28, 2026 · byThe Guardian

UK tries to stop Trump's diesel export ban

John Healey said the government is in talks with the US over Donald Trump's threat to stop exports.

Sep 28, 2026 · byBBC

Burnham has a battle plan, with social care the flagship. Risks lie ahead, but Labour now travels in hope | Polly Toynbee

Here in Liverpool, the PM’s ambition for the party – and the country – is evident. There should be no complacency, but also no fear His ambition is big enough to see from space as he promises the “ biggest change to Britain in 40 years ”. Andy Burnham pledges what no prime minister until now has dared to, breaking the long spell of Thatcherism. Her sham monopoly markets in public services have crashed. The chancellor, John Healey, promises a “new age of industrialisation ”, breaking with her era of industrial desertification. The social care system she blew into disconnected privatised fragments will become a national care service. Something new is waiting to be born. Things happen fast. Only a year ago, the Labour party was on its knees in despair, thunderstruck to find Nigel Farage ruling the roost so soon after its landslide win, with Reform UK 12 percentage points ahead of Labour’s dismal 22%. Farage was the most popular leader , with a 30% favourability rating, compared with Keir Starmer’s -71% . When Burnham came to Liverpool last year he had no seat, no prospect of a challenge and a numbskull national executive committee bent on barring him, his charisma wasted. Polly Toynbee is a Guardian columnist Continue reading...

Sep 28, 2026 · byThe Guardian

What is the Budget and what could be in it?

Chancellor John Healey will set out his plans for UK taxes in October.

Sep 28, 2026 · byBBC

Healey offers upbeat vision but sheds little light on how it will be paid for

With next month’s budget a month away, chancellor gives little indication in conference speech of where money will come from to reindustrialise Britain Healey vows to stick to fiscal rules in budget UK politics live – latest updates John Healey cheered the Labour faithful with his first conference speech as chancellor, offering an upbeat vision of a reindustrialised Britain with fresh opportunities for young people – but gave little sense of how he intends to pay for Andy Burnham’s radical plans. Healey’s budget next month is widely seen both inside and outside Labour as the moment when the prime minister’s radical rhetoric about ditching 40 years of neoliberal orthodoxy risks colliding with fiscal reality. Continue reading...

Sep 28, 2026 · byThe Guardian

Healey vows to stick to fiscal rules in budget built on hope

Chancellor tells Labour conference it’s ‘not progressive’ to fail to balance books amid rising welfare bill as borrowing costs climb to record high Business live – latest updates Price of diesel on UK forecourts reaches all-time high John Healey has pledged to use next month’s budget to inject hope into Britain’s economy while sticking to the government’s fiscal rules, arguing there is “nothing progressive” about losing control of public finances. In his first speech as chancellor to Labour conference , Healey warned that next month’s highly anticipated tax-and-spending event would need to take into account a challenging global backdrop. Continue reading...

Sep 28, 2026 · byThe Guardian

Healey admits money ‘simply not there’ but vows to back British businesses

U.K. chancellor warns Labour not to expect Blair-era public services spending blitz.

Sep 28, 2026 · byPOLITICO Europe

Can Chancellor John Healey avoid big tax rises?

The Labour Party conference enters day two under the shadow of a suspected terror plot at RAF Fairford and whether the Iranians were involved. As Donald Trump offers his account, Sam Coates and Anne McElvoy examine the conflicting versions of events, the emerging security concerns around the Gloucestershire airbase and the political reaction. Meanwhile in […]

Sep 28, 2026 · byPOLITICO Europe

Chancellor John Healey to promise ‘new age of industrialisation’ in speech to Labour conference – UK politics live

Healey to announce new facilities to maintain nuclear submarines on the Clyde Good morning. John Healey , the chancellor, is the main speaker at the Labour conference. He was a surprise appointment to replace Rachel Reeves, he is unveiling his budget four weeks on Wednesday, and some of the pre-briefing suggests when the budget does come, it will be a relatively low-key affair, with a lot of decisions postponed until the spending review next year. And so we are definitely not expecting huge announcements at lunchtime today. But there will be some striking language. Healey is going to promise a “new age of industrialisation”. My politics were shaped by the industrial heartlands of South Yorkshire. Today, on the site of the Orgreave pit, is Rotherham’s Advanced Manufacturing Park. Our coal mines are not coming back. But this is how Britain’s industrial past is being remade now for the modern world. This is the new age of industrialisation. A new confidence in Britain. Continue reading...

Sep 28, 2026 · byThe Guardian

UK's Healey puts defence in focus for reindustrialisation push

Healey to promise 'new age of industrialisation' for UK in conference speech

The chancellor will unveil policies aimed at boosting British shipbuilding in his speech to Labour's annual conference on Monday.

Sep 27, 2026 · byBBC

Can Chancellor John Healey avoid big tax rises?

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Sep 27, 2026 · bySky News

The UK’s IMF bailout has things to teach us 50 years on

A different Healey may be chancellor but he faces a set of parallel challenges

Sep 27, 2026 · byFinancial Times

Healey appoints Labour manifesto writer, fuelling election speculation

Exclusive: Economist Ravinder Athwal who worked in Keir Starmer’s team is poached from Flint Global Business live – latest updates Ravinder Athwal, the economist who wrote Labour’s 2024 manifesto, is taking on a senior role as an adviser to John Healey, in a move likely to fuel speculation about an early general election. The chancellor is keen to beef up his team before the critical budget on 28 October, as the economy is buffeted by high oil prices and rising government borrowing costs. Continue reading...

Sep 25, 2026 · byThe Guardian

Capital gains tax: how it works, benefits and pitfalls of another hike

Increasing the rate of CGT is one of the tax levers available to chancellor as he considers revenue-raising options Capital gains tax (CGT) has been widely cited as a possible revenue-raiser as the chancellor, John Healey, prepares to deliver a tough budget next month. How does it work, and what are the pros and cons of raising it further? Continue reading...

Sep 25, 2026 · byThe Guardian