# What time is the Budget 2026 announcement?

- URL: https://talkfuse.com/story/what-time-is-the-budget-2026-announcement/
- Published: 2026-10-28T10:09:20+00:00
- Original publisher: The Independent (publisher lean: Left)
- Original article: https://www.independent.co.uk/news/uk/politics/budget-2026-start-time-today-b3074617.html
- Topics: Business, Economy, Government, Politics

## Key points

- Healey is expected to announce the Budget at about 12.30pm on Wednesday.
- The government faces pressure over borrowing, growth and spending commitments.
- Reported proposals include energy support and tax changes.

## Summary

Chancellor John Healey is expected to deliver his first Budget at about 12.30pm on Wednesday, after Prime Minister’s Questions in the House of Commons. The announcement matters because it will set out the government’s plans for tax and public spending while it faces pressure to fund military spending and previous pledges amid strained public finances.

The article says borrowing reached £24.5bn last month, while higher borrowing costs linked to the Iran war and weaker growth have reduced the government’s fiscal room. Possible measures include more than £1bn in energy bill support, a tax-collection crackdown on online marketplaces, a levy on homes worth over £2m and a higher surcharge on bank profits, reportedly from 3 per cent to 8 per cent. Healey has also said he wants to cut the cost of doing business.

## Coverage

- [The Independent: What time is the Budget 2026 announcement?](https://www.independent.co.uk/news/uk/politics/budget-2026-start-time-today-b3074617.html)
- [The Independent: Watch live: Budget 2026 announcement as John Healey addresses House of Commons](https://www.independent.co.uk/news/uk/politics/budget-2026-announcement-watch-live-stream-b3074592.html)

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.