What Trump can learn from Lula and Netanyahu
27, 2026, in Lubbock, Texas. | Alex Brandon/AP By Alexander Burns 10/28/2026 03:33 PM EDT Alexander Burns is POLITICO's senior executive editor, North America. He was previously POLITICO's head of news. He has covered…
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Unions welcome Healey’s Budget while think tanks warn of ‘missed opportunities’
Although measures like the £100 energy payment and increasing the threshold for business rates were well-received, some said the Budget was a “missed opportunity” for more radical reform. ‘Taxing banks’ bumper profits to…
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Healey tells departments to make 1% cuts to fund defence
The reductions come on top of the 1% cuts departments were asked to make earlier this year in order to pay for the initial £10.3bn of the plan's overall £15bn price tag. The plan boosted defence spending; however the…
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The Guardian view on Labour’s budget: bold ambitions and welcome first steps | Editorial
Supporters saw dozens of measures offering " breathing space" to a public worn down by rising prices. Critics admitted to a slew of announcements but countered that each was modest in value . Underlying both views is…
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Healey unveils £100 for energy bills and bank tax in first Budget
The chancellor said he wanted to give hard-pressed families "breathing space now" and "hope for the future" as the UK economy is battered by "global economic storms". He also unveiled tax breaks to boost high street…
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Burnham rules out early general election in next 12 months
The next UK general election must be held by August 2029, and there has been speculation that the prime minister is preparing for an earlier poll. Asked directly if he would call a snap election within the next year, the…
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Budget 2026: £100 energy payment for millions and rise in bank tax as watchdog warns on stalling living standards – as it happened
That means, by the end of the decade, it will be just 1% higher than its pre-Covid level, it says. Our central forecast represents a continuation of the historically weak growth in RHDI per person since the global…
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He promised fresh hope and delivered doom, but Dr Death’s budget succeeds in doing no harm | John Crace
First do no harm. For your first budget, this may be no bad thing: we can all think of plenty of chancellors who have done untold damage. Take a bow George Osborne. It might just have been better if the doctor that…
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Burnham promised big change – where was it? Instead we got the Martin Lewis budget | Aditya Chakrabortty
Was it John Healey's budget – the repair job of a cautious chancellor fretting about record-high taxes, £3tn of public debt and an economy stuck in first gear? Little sign of that. This budget was cast in the image of a…
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What you need to know about Your First Home scheme for first-time buyers
Last month, Andy Burnham announced Your First Home , which aims to give a helping hand to first-time buyers in England who do not have access to the "bank of mum and dad", and Healey revealed in his first budget how the…
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