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Budget 2026: enough ‘breathing room’?

October 30, 2026 · 38 min

Show notes

UK Chancellor John Healey had a huge challenge with his first budget. It had been trailed as a ‘steady as she goes’ budget – was it successful? In our usual budget analysis episode, we break down the various measures outlined in the budget, the economic backdrop that informed the Chancellor’s decisions, the winners and losers, and what it all might mean for the coming year.

Links

  • ICAEW Budget pages - https://www.icaew.com/technical/economy/autumn-budget-2026?itm_source=Homepage&itm_medium=Hero&itm_campaign=HeroDefault1
  • ICAEW: Chancellor delivers ‘safe hands’ budget - https://www.icaew.com/insights/viewpoints-on-the-news/2026/oct-2026/budget-analysis-chancellor-delivers-safe-hands-budget
  • ICAEW: Budget: nine key VAT changes announced - https://www.icaew.com/insights/tax-news/2026/oct-2026/budget-nine-key-vat-changes-announced
  • ICAEW: Budget: measures affecting businesses - https://www.icaew.com/insights/tax-news/2026/oct-2026/budget-measures-affecting-businesses
  • ICAEW: Budget: business rates relief and fiscal devolution - https://www.icaew.com/insights/tax-news/2026/oct-2026/budget-business-rates-relief-and-fiscal-devolution
  • ICAEW: Budget: MTD penalty soft landing and exclusions - https://www.icaew.com/insights/tax-news/2026/oct-2026/budget-mtd-penalty-soft-landing-and-exclusions
  • ICAEW: Budget: changes for employers and employees - https://www.icaew.com/insights/tax-news/2026/oct-2026/budget-changes-for-employers-and-employees
  • ICAEW CPD record - https://www.icaew.com/membership/cpd/online-cpd-record

Host
Philippa Lamb

Guests

  • Frances Haque, Chief Economist, Santander
  • Iain Wright, Chief Policy and Communications Officer, ICAEW
  • David Maddox, Political Editor, The Independent

Producer
Natalie Chisholm

Series Lead
Mark Rowland

Episode first published: 30 October
Podcast recorded: 29 October

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