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What's in store From

Chancellor of the Exchequer

  John Healey

Let us first start with the favourites of any Chancellor, everyone in the country is concerned of the state of the of our of our country.

In the budgets of the past the favourites have been beer, cigarettes, petrol, VAT, and anything that affects everyday life and the people of the UK. Cutting or taking away that vat of anything in the UK would be an enormous help, this alone would put  Extra pounds into people's pockets.

In the past John Healy knows quite well what it is like not to be given extra money, is he then opposed to giving people money or would he be happy to raise everything again. Would he think of freezing prices, every day we go to the supermarket the prices have risen all because of the war in the Middle East, or some other conflict that reduces the flow of oil, it always baffles me that whenever there is a war somebody somewhere suffers not from the war but from the price increases that that war brings. It is quite easy to blame any war on price increases because what can we do about it.

The government must get money from somewhere we all know that, is he thinking of raising company taxes, National insurance contributions VAT. Small businesses have been devastated by a series of tax rises is this the continued are we to see the end of small businesses I hope not, we can be sure of one thing there won't be many cuts in taxes people pay.

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Bank of England holds interest rates but warns higher inflation to come

The Bank of England has held interest rates for the fifth successive time despite cautioning that energy prices

and an AI-driven memory chip shortage will drive inflation higher?

Can the price of everyday essentials possibly go any higher? 

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New Prime Minister  New Plans Or Maybe Not

Nobody really knows what Andy Burnham has planned. If it is to be believed English  Councils warns of £7bn hole as Burnham prepares to give them tax raising  powers. Taking the power out of Westminster and putting it in the hands of local leaders he says.( what then would be the need for Parliament? )

Raising council taxes across England will be yet another financial blow for thousands of struggling families. Dose this mean that Parliament would no longer support local Councils in England? That indeed would be catastrophic for every council area.

Social care, we all know that all care services  in the UK are at breaking point, every care industry needs more funding, as we all know this cannot be done overnight, the truth is it has taken years of underfunding to get to todays situation, it will take years to get the care services back to the caring services they once were.

Electoral reform

Burnham has said he would "seek to persuade his own party" of the need to include a pledge in Labour's next election manifesto to replace the UK's first-past-the-post system with a form of proportional representation. We have that system here in Wales, there seems to be no strong objections to this system.

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Today's biggest topic is global warming or the so-called climate change!
In the UK we have areas of our country that drivers are charged  for so called congestion charges, because the vehicle that they are driving is reportedly putting out bad emissions into the air, although they have car that have just passed an MOT giving it a clean bill of health for passing an emissions test "strange is it not."

Yet in the land of the free and the home of the brave this year alone there has been 182 rocket launches and this figure is set to rise to over 250 by the end of 2026 and putting 100 and 100 of tons of bad emissions into the air. For example

 
  • Climate Change: Black carbon, or soot, emitted from solid propellants can absorb sunlight and warm the atmosphere, potentially having a stronger climate effect than emissions near the ground. 

  • Atmospheric Chemistry: The presence of rocket exhaust in the stratosphere can alter atmospheric chemistry and ozone levels, with the potential to persist for years. 

  • Local Ecosystems: Launch sites and surrounding areas can experience immediate physical impacts, including noise pollution and habitat fragmentation, which can harm local fauna and ecosystems.

  • Makes no sense to me at all

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John Healey about to unleash '£25bn Budget tax blitz’ - it’s worse than Rachel Reeves Chancellor Rachel Reeves has gone,

but John Healey will be just as bad.

Economists warn that Andy Burnham's new chancellor is lining up the next assault in Labour’s war on wealth. Reeves has already hit taxpayers twice. Now Healey is preparing a third strike. He's set to raise taxes by another £25billion in the Budget on October 28, Capital Economics calculates. That’s on top of the £26billion Reeves hit us in 2025, and the record £40billion blitz in 2024. It's the only way to fund all the spending pledges Burnham has been stacking up.

From https://www.express.co.uk/

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Andy Burnham should hike taxes on pensioners to bolster Britain’s public finances, an influential policy think tank has said.

The Institute for Public Policy Research (IPPR) has urged the prime minister to extend national insurance to older earners, including by applying the 2 per cent NI surcharge to pensioners.

Its report warns that an ageing population will account for nearly 80 per cent of the additional fiscal pressure confronting the UK by 2075, and calls on the government to act in order to shield younger Britons.

The intervention follows statements from Mr Burnham, who refused to rule out tax increases in the Budget, telling ITV News on Monday that he "won’t be unrealistic" about the state of public finances.

 

Bet he is getting really peed off with people interfering with his job, he can rise taxes all on his own without other people telling him  what  to do.

Unemployment

As of early 2026, the UK unemployment rate stands at 5.2%, with approximately 1.87 million people unemployed reflecting a rise from the previous year.

Current Unemployment Overview

The UK labour market has experienced a modest increase in unemployment over the past year. Between November 2025 and January 2026, the unemployment rate reached 5.2%, up from 4.4% the previous year, with 1.87 million people aged 16 and over unemployed. Youth unemployment remains a concern, being just below its highest level since early 2015,

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Another blow for the unemployment figures.

 BT Group office closure in Liverpool 601 jobs to go.

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 Betfred announced plans to close 132 UK betting shops, cutting approximately 600 jobs nationwide.

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4.9%

T

All 106 Beefeater and Brewers Fayre sites in the UK are scheduled to close on 10 September
Another protentional 3,800 job lose's 
2026 as part of Whitbread’s nationwide withdrawal from branded dining. This forms part of a major restructuring that also affects Brewers Fayre, Table Table, Bar + Block, and Cookhouse + Pub, with some sites sold to Queensway Inns for potential relaunch.
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The chancellor will delay setting out when the UK will meet the target of allocating 3% of GDP on defence until next year’s spending review, the Treasury has confirmed.

John Healey resigned as defence secretary in June under Keir Starmer’s leadership, accusing the prime minister of being “unable” and the Treasury “unwilling” to “commit the resources that the nation needs to defend the country”.

However, since succeeding Rachel Reeves following Andy Burnham’s arrival at No 10, Healey has declined to set a date for meeting the 3% target, which he had previously insisted should be hit by 2030.

Treasury sources confirmed that instead, the focus in Healey’s first budget on 28 October, would be fully funding the defence investment plan

John Healey will deliver his budget on 28 October. Photograph: Matthew Horwood/PA

The three-year DIP was one of Starmer’s final announcements – but about £1.2bn a year was left unaccounted for, with Healey’s predecessor Reeves suggesting the money would have to be found through cuts in other Whitehall departments.

The Treasury confirmed on Friday that there would be no further detail about the timeline in the budget. A spending review is expected to be held next year but no date has yet been set.

A government spokesperson said: “The first duty of government is to keep its citizens safe. The prime minister and chancellor are committed to fully funding the defence investment plan. At the spending review we will set out a pathway to meet our Nato commitment of 3.5% of GDP on defence by 2035 and will set a target date to hit 3% on that path.”

From the Guardian news paper  Friday 28 August 2026

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