October 27, 2026MacroPolitics·Neutral·budget
Healey's first Budget lands with £15bn fiscal headroom, bank surcharge doubling to 6% for 15 months
Chancellor John Healey's first Budget landed with £15bn of fiscal headroom in 2029/30, down from £23.6bn in March, funded by tax hikes. The bank surcharge doubles to 6% but only for 15 months, and the cash ISA limit stays at £20k. Banks and bookmakers rallied.
Detected & updated continuously · Source: Nebula
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John Healey