# Explainer: Options for UK finance minister Healey to tax wealth in October's budget

https://mins.news/en/item/47909

- Reuters, 2026-09-07 05:40 UTC
- Economy
- Original: https://www.reuters.com/world/uk/options-uk-finance-minister-healey-tax-wealth-octobers-budget-2026-09-07/?link_source=ta_bluesky_link&taid=6a9e4e37abedf1000171bc40

> British finance minister John Healey faces pressure to raise billions of pounds in tax at his first budget, helping offset higher borrowing costs and fund Prime Minister Andy Burnham’s plans to expand social care and increase defence spending.

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