Four ways Labour could raise money in the Budget without hiking… | HappeningNow.news

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Four ways Labour could raise money in the Budget without hiking income tax

Chancellor John Healey may need to raise money to boost his fiscal headroom - BBC Verify examines what options could be on the table.

Source AI Summary Published October 25, 2026 Brief Under 1 min brief
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The government’s cash buffer, used to meet fiscal rules and curb borrowing, has shrunk in the past six months. Economists estimate it fell from about £24 billion to as low as £11 billion. The decline is partly attributed to higher interest rates the government has been paying on private‑sector borrowing.

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