HeyJaredElliot Gulliver-Needham
- Indexed articles, last 90 days
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- Sep 25, 2026
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- Jul 7, 2026
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5 flashing economic lights for Britain’s top finance minister John Healey (opens the original)
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Labour Party conference is supposed to be a feel-good moment for Britain’s ruling party under a new leader who is starting to turn its fortunes around. But for Andy Burnham's top finance minister, John Healey, it might just be the calm before the storm. Healey will spend much of Labour’s conference in Liverpool — which he'll formally address Monday — shut away in a hotel suite with his closest aides trawling through drafts of a government-wide budget he delivers in exactly a month's time. The ch
Reform UK floats pre-budget welfare changes if it wins next election (opens the original)
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Reform UK could begin implementing financial policies immediately after a general election rather than waiting for a budget, Treasury spokesperson Robert Jenrick suggested at the party’s conference today. Speaking on a panel covering the economy, the self-described shadow chancellor said Reform would hold a budget within 100 days of entering government, should it win a general election, but that there was “an opportunity” that the party could start with “immediately beginning to legislate” on en
UK to hold budget on Oct. 28, chancellor announces (opens the original)
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Andy Burnham’s new government will hold its first budget on Oct. 28, U.K. Chancellor John Healey announced today. Healey, who replaced Rachel Reeves in the job last week, will have to balance maintaining fiscal credibility in the bond market and the new government’s desire to expand spending on defense and social care. In a letter to the Treasury Committee, Healey said he had asked the Office for Budget Responsibility to prepare an economic and fiscal forecast for the date. “Fiscal credibility i
Rachel Reeves isn’t gone yet, but the City already misses her (opens the original)
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LONDON — Rachel Reeves' tears in the House of Commons once sent financial markets spiraling. Now they're the ones sobbing. Britain's top finance minister is likely days away from leaving office. It comes as Andy Burnham — set to become U.K. prime minister on Monday — considers his own pick for the Treasury. That's left financiers spooked about the potential for a new chancellor to crack down on the sector. Sipping English sparkling wine at Reeves' final speech in the heart of the City of London
Bank of England warns an AI crash could plunge UK into recession (opens the original)
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The U.K. is at risk of recession if the artificial intelligence bubble pops, the Bank of England warned today, as investors increasingly park their cash into tech stocks. A price correction in AI stocks, driven by a change in productivity and profitability among tech-led companies, could cause a 2.2 percent fall in U.K. GDP, the Bank warned in its financial stability report today. “The risk of a sharp correction in equity markets remains high,” said Bank of England Governor Andrew Bailey, warnin
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