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Thursday, October 29, 2026
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The Independent·United Kingdom·

In The Room | Burnham’s first Budget: Will this really save our economy?

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Helen MacNamara

Cheaper gherkins, £100 towards energy bills, higher taxes on banks and billions for defence. John Healey’s first Budget had something for everyone. But was there a main course among the picky bits?

In this Budget special of In The Room, Cleo Watson and Helen MacNamara ask who benefits, who pays and what was conspicuously left off the table. They examine the real value of energy support, Healey’s defence funding turnaround and the OBR’s gloomy growth forecast.

Then they take us inside Whitehall to reveal how a Budget is made – the last-minute negotiations, political theatre and fallout that can take days to emerge.

Healey promised Britain breathing space today and hope for tomorrow. Did he deliver either?

New episodes of In The Room come out weekly. Listen to the latest on Apple Podcasts and Spotify, or watch on YouTube.

View the original on The Independent →

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