Author: Heather Stewart, Rowena Mason, Richard Partington and Phillip Inman

BudgetBudget 2026Budget deficitEconomic policyInstitute for Fiscal StudiesJohn HealeyPoliticsTax and spendingThinktanksUK newsWelfare

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

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 be…

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