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Healey Promises No Welfare Cuts Ahead of Election

By Drooid · Oct 30, 2026 · How we work

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Chancellor John Healey announced no welfare cuts before the election.
Healey said the budget will raise spending to £431 bn by 2032, nearly 30 % higher.
The Institute for Fiscal Studies warned the measures could cause decades of pain.
Healey is in talks with at least three NATO members to create an international bank for extra spending.
Treasury is exploring a mechanism for private companies to fund upfront fast-jet training aircraft.

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Chancellor John Healey announced no welfare cuts before the election.
Healey said the budget will raise spending to £431 bn by 2032, nearly 30 % higher.
The Institute for Fiscal Studies warned the measures could cause decades of pain.
Healey is in talks with at least three NATO members to create an international bank for extra spending.
Treasury is exploring a mechanism for private companies to fund upfront fast-jet training aircraft.