Chancellor's Budget plans leak as secrecy surrounds announcement

Summarised from 2 outlets · Updated 20 Oct, 18:08 · Archive

Details of Chancellor John Healey's forthcoming Budget have emerged despite attempts to keep the announcement confidential.

Details of Chancellor John Healey's forthcoming Budget announcement have emerged publicly, despite the Treasury's efforts to maintain secrecy around the announcement. One confirmed detail is that capital gains tax will not be changed in the Budget.

The leaks have prompted commentary about why the government might be revealing details early, with some suggesting the Treasury may be concerned about economic growth. Conservative leader Kemi Badenoch has been publicly outlining her criticisms of the Budget in advance of the announcement, claiming that Healey's approach would be worse than previous decisions by former chancellor Rachel Reeves because it would involve making no changes to existing policy.

The Budget is due to be announced in the coming week.

How it is being reported

• Nige seems tired and bored of himself as Kemi conjures a telepathic budgetThe Tory leader has glimpsed the future and it involves Labour putting every last UK citizen on benefits UK politics live – latest updates If you’re worried about next week’s budget, then now is your time to chill out. Because Kemi Badenoch has all the answers. The chancellor, John Healey, has been living rent free in the leader of the opposition’s head for the past few weeks. Lucky man. More than that, she has been perched on his shoulder while he sits at his desk in the Treasury and tries to make the sums add up. And – SPOILER ALERT – Kemi has now read the whole speech that hasn’t yet been…The Guardian · 20 Oct, 17:56
• Chancellor reveals Budget secrets early – but why?John Healey’s first budget is shrouded in secrecy so how come we know he won’t be touching capital gains tax? Sam Coates and Anne McElvoy ponder whether the Treasury is worried about growth and discuss how Kemi Badenoch is trying to get the Conservatives on an economic front foot. Plus, they pull apart the weekly […]Politico Europe · 20 Oct, 08:08

In this story: John Healey · Kemi Badenoch · Rachel Reeves · Conservative Party · Labour Party · Treasury · UK

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