Macro Finance
Healey Defends UK Budget, Warns 'Tough Decisions' Ahead
Bloomberg Markets·October 29, 2026·1 min read
Chancellor John Healey defended his first UK budget against criticism it lacked ambition, warning of 'tough decisions' ahead on spending. He said a tax increase on banks would be temporary and urged the Bank of England to consider lenders' international competitiveness in its capital requirements review. Healey spoke to Bloomberg's Caroline Hepker.
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