Labour 'faces £28BILLION of spending cuts, tax hikes or more borrowing' by 2030 after Healey dodged decisions on defence and departmental budgets

Daily Mail - Oct 29, 2026

The grim warning was delivered by the Institute for Fiscal Studies in its traditional post-Budget briefing.

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The Government's position on welfare descended into confusion as aides denied a commitment had been made - despite John Healey giving a seemingly clear statement.

Labour 'faces £28BILLION of spending cuts, tax hikes or more borrowing' by 2030 after Healey dodged decisions on defence and departmental budgets

Oct 29, 2026

Labour 'faces £28BILLION of spending cuts, tax hikes or more borrowing' by 2030 after Healey dodged decisions on defence and departmental budgets

The grim warning was delivered by the Institute for Fiscal Studies in its traditional post-Budget briefing.

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'I don't think anyone in the Labour government is financially literate': Voters give their verdict on John Healey's 'is that it?' Budget

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