Labour figures uneasy over Healey's budget clarity ahead of key announcement

Summarised from 2 outlets · Updated 2 Oct, 11:31 · Archive

Senior Labour figures are privately worried about Chancellor John Healey's approach to his first budget this month.

Senior Labour figures are privately expressing concern about Chancellor John Healey's approach to his upcoming budget. Some insiders worry that a lack of clarity about his plans could trigger fresh market shock, according to the Guardian. The chancellor faces significant headwinds from volatile global markets and soaring energy costs.

The government's borrowing costs have risen due to a global bond sell-off, while energy prices continue to climb. The Daily Mail reports that Labour figures are concerned about the chancellor's refusal to give a clear sense of his intentions for the budget package scheduled for October 28.

How it is being reported

• Labour unrest over John Healey's failure to brace Brits for tax hikes ahead of nightmare pre-Halloween BudgetDaily Mail · 2 Oct, 10:51
• Labour figures uneasy about Healey’s ‘underpowered’ approach to budgetGuardian World · 1 Oct, 19:33

In this story: John Healey · Labour · UK

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