"Very tight": UK Chancellor set to deliver first Budget

The UK's new Chancellor is set to deliver his first Budget. 

John Healey will set out Labour's tax and spending plans on October 28th, with tax increases possible. 

Business Correspondent Vicky Pryce told Ryan Bridge there have been some hints about what the Budget will include, such as some redistribution of funds from the wealthiest to those who need it the most. 

But she says it'll will be very tight fiscally, and will be watched very carefully by the capital markets.  

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