Politics · 7 September 2026
Chancellor John Healey won't rule out tax rises before Budget
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John Healey, the finance minister, refused to speculate on potential tax increases ahead of his first Budget on 28 October. He acknowledged high government borrowing costs, stressing that fiscal discipline is the "first priority" for the government. Healey stated that Labour made "very strong, very clear and very specific" pledges in its 2024 manifesto.
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