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Healey backs away from cutting welfare cost despite warnings of public finance shortfall

Published October 29, 2026 4:02 pm • Updated October 29, 2026 4:02 pm •
Healey backs away from cutting welfare cost despite warnings of public finance shortfall
Photo via The Guardian World

Experts round on chancellor over ‘scattergun’ budget, saying he ducked big tax and spending decisionsJohn Healey has backed away from cutting the cost of welfare this parliament, amid dire warnings his first budget could lead to brutal spending cuts because of a £28bn shortfall in public finances.Experts rounded on Healey’s steady-as-she-goes budget on Thursday, with the Institute for Fiscal Studies saying he had left himself…

Experts round on chancellor over ‘scattergun’ budget, saying he ducked big tax and spending decisionsJohn Healey has backed away from cutting the cost of welfare this parliament, amid dire warnings his first budget could lead to brutal spending cuts because of a £28bn shortfall in public finances.Experts rounded on Healey’s steady-as-she-goes budget on Thursday, with the Institute for Fiscal Studies saying he had left himself…

Source: The Guardian World — Original report ↗

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Original source: The Guardian World ↗