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Revealed: The chancellor’s plan to survive the budget

Politico EU Monday 12 October 2026, 07:28 UTC By Anne McElvoy, Sam Coates 62 min read
Key Points

Listen on Spotify Apple Music Amazon Music Sky News With the budget barely a fortnight away, Chancellor John Healey is warning of mounting economic headwinds. Can he ease the pressure on the public finances without loosening the purse strings? Sam Coates and Anne McElvoy test the tightrope Healey is attempting to walk ahead of a major speech to the International Monetary Fund.

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With the budget barely a fortnight away, Chancellor John Healey is warning of mounting economic headwinds. Can he ease the pressure on the public finances without loosening the purse strings?

Sam Coates and Anne McElvoy test the tightrope Healey is attempting to walk ahead of a major speech to the International Monetary Fund.

Elsewhere, is Donald Trump’s energy deal with Vladimir Putin putting the UK’s support for Ukraine to the test? And why has Andy Burnham chosen now to confirm Russian interference in the Brexit vote?

Plus, Sam has an exclusive on how the promise of more money for regional mayors might not be worth as much as they were hoping.

Spotify Apple Music (ORG) John Healey (PERSON) Sam Coates (PERSON) Anne McElvoy (PERSON) Healey (ORG) the International Monetary Fund (ORG) Donald (PERSON) Vladimir Putin (PERSON) Ukraine (LOCATION) Andy Burnham (PERSON) Russian (ORG) Brexit (PERSON) Sam (PERSON)
Originally published by Politico EU Read original →

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