🚨 🇬🇧 UK Budget: £15bn headroom in line, borrowing seen higher
October 28, 2026· 2 min read· Pardip Bansal
🚨 🇬🇧 UK Budget: £15bn headroom in line, borrowing seen higher
🇬🇧 Chancellor Healey's first Budget leaves £15bn of headroom against the current budget rule, in line with the roughly £15bn expected but well down from £23.6bn in March ()
The OBR now sees borrowing at 4.2% of GDP this year, up from its earlier 3.6%, easing to 3.4% next year; the fiscal rules are met in the third year of the forecast