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"A bit Goldilocks": UK Govt releases first Budget - what's in it?

Author
Newstalk ZB,
Publish Date
Thu, 29 Oct 2026, 9:58am
The Podcast on iHeartRadio
Chancellor John Healey. (Photo by Ian Vogler - WPA Pool/Getty Images)

Andy Burnham's Government has released its first budget.  

UK Chancellor John Healey set out their latest tax and spending measures, saying it's a budget built on fiscal discipline, for the working people of Britain. 

Economic growth is forecast at 1.2% this year, and remains under 2% right up to 2031. 

UK Correspondent Enda Brady agreed growth is anaemic, but told Mike Hosking the whole of Europe is having similar problems. 

He says the plan off the back of this budget seems to be getting people through winter. 

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