# Healey defends UK budget, warns of ‘tough decisions’ ahead

https://mins.news/en/video/120284

- Bloomberg Television, 2026-10-29 06:00 UTC
- Economy
- Original: https://www.youtube.com/watch?v=COyFDcjtWOQ

> Chancellor John Healey defended his first budget against criticism that it lacked ambition, warning that the UK will face difficult choices over spending priorities in coming years. He said the bank tax increase would be temporary and urged the Bank of England to consider lenders’ international competitiveness in its review of capital requirements.

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