Budget 2026: key points at a glance

John Healey is announcing his financial update – here are the main points, with political analysis Budget 2026 live – latest updates John Healey starts by saying that his budget is “delivered at a time when global uncertainties and pressures are swirling worldwide and hitting people here at home”. Healey says he will meet the fiscal rule that day to day spending must be covered by tax receipts and the investment rule that government debt, defined as public sector net financial liabiliti