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Chancellor targets cost of living crisis in budget for a ‘difficult moment’

· theguardian.com · popularity 28/100 · 0 similar stories today · Personal Finance & Investing (Money, Markets & Investing)

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Summary

Healey hopes to give ‘hope for the future’ but only modest policies are expected with important decisions deferred John Healey has acknowledged the UK faces a “difficult moment” but insisted he would put the country on a better path as he delivers his first budget on Wednesday against a turbulent global economic backdrop. But despite the international uncertainty, the chancellor will signal “fresh hope for the future” as he attempts to sound a more optimistic note, by providing households with breathing space from rising cost of living pressures. Continue reading...

Found in: Guardian World. Rating basis: single outlet; outlet tier 5; 1 feeds; feed position 40.