The Chancellor of the Exchequer, John Healey MP, confirmed today that the first Budget under his leadership will be held on Wednesday, October 28. In a video message, he emphasized the Budget will ‘move money and power out of Westminster and into every postcode around Britain,’ focusing on fiscal discipline and meeting fiscal rules to provide stability for businesses and families. The Budget will prioritize supporting British jobs, skills, and businesses while addressing pressures on households. HM Treasury has opened the Budget Representation Portal for public submissions, which will close on September 9 at 23:59. The portal will compile feedback for consideration in the Budget process. The announcement follows recent government efforts to stimulate economic growth across all regions.
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