The UK autumn budget is expected to be cautious, constrained by weak economic growth, high government debt near £3 trillion, and rising inflation. Chancellor John Healey faces limited options to support cost-of-living pressures without raising taxes that could harm growth or spook bond markets. The government may limit energy bill subsidies to benefit claimants and fund these by cutting other spending. Major issues like social care funding, regional tax redistribution, and defense budget increases are likely postponed until next year’s spending review. The budget aims to maintain market confidence but may disappoint public expectations for substantial help.
21 October 2026
Global Plastic Action Partnership
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