On 28th October 2026, Labour announced their third Budget of the Parliament and the first under our new Prime Minister Andy Burnham and new Chancellor of the Exchequer John Healey. It had already been billed as a “steady as she goes budget” after the first two more high profile budgets but it left the Chancellor facing accusations of not being bold enough in tackling the problems the UK currently faces. Currently the UK has debt of £3trillion pounds, rising inflation, the highest tax burden now in our history and growth rates that have been upgraded for this year but downgraded for the future. There had been a chorus of calls for the Chancellor to grasp these thorny problems and now accusations that instead he has kicked the can down the road.
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