# UK Budget 2026: Highlights from Healey’s announcement

https://mins.news/en/video/119227

- Bloomberg Television, 2026-10-28 14:02 UTC
- Economy
- Original: https://www.youtube.com/watch?v=UjZ_bgNyTf0

> Chancellor John Healey presented budget measures in the House of Commons, describing them as grounded in “fiscal discipline” and intended to give the public “breathing space.” They include an additional 3% tax on banks’ profits, higher gambling taxes and a 3.5%-of-GDP defense spending target by 2035. Healey also outlined updated OBR forecasts for growth and fiscal headroom.

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