FP Markets: Healey's first Budget puts Gilts in focus
· manilatimes.net
**media[1277446]**LIMASSOL, Cyprus, Oct. 27, 2026 /PRNewswire/ -- UK Chancellor John Healey will deliver his first Autumn Budget on Wednesday at 12:30 pm GMT, giving him and Prime Minister Andy Burnham a chance to outline their tax and spending plans. Following Healey's speech, the Office for Budget Responsibility will publish its five-year economic and fiscal outlook. While there has been less frenzied speculation than ahead of previous Budgets, the backdrop is unquestionably challenging for Healey. Borrowing costs remain at multi-decade highs, public-sector spending is at historic levels, and tax revenues are at record highs. Higher energy prices linked to the US-Iran war have also eroded the fiscal headroom available at the spring forecast, estimated at around £20 billion - potentially reducing it to as little as £10 billion.
LIMASSOL, Cyprus
Oct. 27, 2026
/PRNewswire/ -- UK Chancellor John Healey will deliver his first Autumn Budget on Wednesday at 12:30 pm GMT, giving him and Pri...