Chancellor's Business Friendly Budget Plan

What happened

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Analysis

How it changed

1. 22 Oct

   Mr Healey also said firms had been under “a lot of pressure” in recent years, pointing to changes to employment law, regulation, higher taxes and global supply chains coming under pressure due to world events, a likely hint at the disruption caused by conflicts in the Middle East and elsewhere.

   2 outlets · Evening Standard

Coverage 3 articles

• 22 Oct Chancellor to pitch budget at wealth creators – UK politics liveChancellor John Healey plans to present a budget focused on supporting businesses and entrepreneurs in the UK, emphasizing the importance of profit-making and innovation. In an interview with Patrick Maguire from The Times, Healey acknowledges that recent government policies have put pressure on businesses through employment law, regulation, tax, and other factors. Despite not providing specific details, Healey aims…The Guardian
• 22 Oct Chancellor scrambles to ease business nerves over Budget saying he wants to cut 'costs' and reward 'profit'... as firms warn Labour's first two years have been 'horrific'Chancellor John Healey addressed business concerns ahead of the upcoming Budget, emphasizing his desire to reduce costs and support profit for businesses while acknowledging their struggles amid the cost-of-living crisis. In an interview with The Times, Healey assured entrepreneurs he would back them through tough times but also defended recent tax increases under Labour’s leadership. Despite these assurances, some…Daily Mail
• 22 Oct Chancellor to aim his Budget at cutting cost of business and supporting entrepreneursChancellor John Healey will present his first Budget on October 28, focusing on reducing business costs and supporting entrepreneurs amid economic pressures. He acknowledged that companies are struggling with tax increases and other challenges, including higher employer National Insurance contributions implemented by his predecessor Rachel Reeves. He plans to address the cost of doing business while recognizing the…Evening Standard

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