Healey Plans Short-Term UK Budget Giveaways to Limit Fiscal Pain

Chancellor of the Exchequer John Healey wants to help British voters with the cost of living while staying within the limits of his country’s stretched public finances. To square this...

By Joe Mayes and Philip Aldrick · Bloomberg Markets

Chancellor of the Exchequer John Healey wants to help British voters with the cost of living while staying within the limits of his country’s stretched public finances. To square this circle, he’s planning a series of strictly short-term giveaways — and hoping the war in Iran comes to an end.