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UK Chancellor Healey's first budget speech: fiscal buffer is expected to narrow to 15 billion pounds, but commitment to achieve fiscal targets remains.

UK Chancellor Healey's first budget speech: fiscal buffer is expected to narrow to 15 billion pounds, but commitment to achieve fiscal targets remains.

智通财经智通财经2026/10/28 13:05
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```html(1) UK Chancellor John Healey stated during his first budget speech in office on Wednesday that, according to the Office for Budget Responsibility (OBR) forecast, the UK government's fiscal headroom will decrease by the end of this decade. (2) Healey said it is expected that in the 2029/30 fiscal year, the UK government's tax revenues will exceed daily spending by 1.5 billion pounds (approximately 2 billion US dollars). (3) In March this year, former Chancellor Reeves announced a budget update, and the OBR estimated that the UK government had 2.4 billion pounds in "fiscal headroom" at that time; a survey of bond traders earlier this month showed that, due to rising borrowing costs and pressure on government spending, the fiscal space is expected to drop to 1.5 billion pounds. (4) Healey stated that the UK government will achieve its fiscal targets.```
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