Budget 2026: What tax rises and spending pledges will Chancellor announce?

WEST END FINAL

Chancellor John Healey is preparing to unveil the first Budget under Andy Burnham’s Labour Government.

Here, the Standard looks at the rumours, leaks and speculation ahead of Mr Healey’s big speech.

Business rates cut

The move would mean thousands of high-street shops, cafes, pubs and other small businesses would no longer have to pay business rates.

The figures relate to “rateable value” – the estimated annual rental value of a commercial property.

Cutting costs for firms

The Chancellor has strongly hinted he wants to cut costs for businesses by slashing red tape.

In an interview with the Times he…

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