Chancellor John Healey is set to outline key financial measures in his first Budget, with a strong focus on easing the burden of rising living costs, particularly soaring energy bills. The announcement will also address plans for further devolution, handing greater financial and political powers to local regions. As households face mounting pressures, the Budget will aim to provide targeted relief while reshaping economic governance across the UK. Analysts will be watching closely to see how these policies balance immediate support with long-term fiscal sustainability.
Support on the cost of living, and in particular energy bills, as well as announcments on devolution will be central to John Healey's first Budget.
