UK Chancellor Unveils First Budget

Chancellor John Healey presented his inaugural budget, framing it as a policy for working people and businesses.

Chancellor John Healey began the delivery of his first budget by characterizing it as a plan for "the working people of Britain, for British businesses big and small."

Healey stated in Parliament on Wednesday that the budget is founded on principles of "fiscal discipline" and is intended to provide the nation with some "breathing space."

Sources

www.bbc.co.uk - Chancellor begins to deliver his first Budget