Budget 2026: Biggest winners and losers in London

WEST END FINAL

The full impact of John Healey’s first Budget on London may only become clear in coming days.

Here are five individuals, or groups, who have gained from the Budget, and five who have lost out.

imageLord Sadiq Khan was expected to be given new fiscal powers by the Chancellor” loading=”lazy” class=”sc-dkPvMp YXmIZ”>

Lord Sadiq Khan has been given major new fiscal powers

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Winner: Lord Sadiq Khan

The landmark fiscal reforms, the most significant since the creation of the London mayoralty in 2000, will allow City Hall to borrow billions to fund schemes such as the Bakerloo line extension and the West London Orbital.

It…

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