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Economy · London, United Kingdom ·

UK Chancellor Healey delivers first Budget

Chancellor John Healey presented a Budget described as small in scale. Think tanks warned of painful years as living standards stall. Forecasts show growth in living standards nearly halting.

Why it matters

Pay, energy bills and savings for UK households are affected.

Background

Healey became chancellor under PM Andy Burnham.

Sources

This summary was written automatically from the reporting linked above; follow the sources for the full story. How One Turn works.

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