# AI trade shows new cracks as Healey defends scale of UK budget

https://mins.news/en/video/120666

- Bloomberg Television, 2026-10-29 11:43 UTC
- Economy
- Original: https://www.youtube.com/watch?v=1rpMPcvUORg

> A global rally in technology shares stalled after disappointing earnings from two industry heavyweights revived doubts that billions of dollars in AI spending will generate sufficient returns. UK Chancellor of the Exchequer John Healey defended his first budget against claims it lacked ambition, while warning that the country faces “hard decisions” over spending priorities in coming years.

## Related coverage

- [UK Chancellor John Healey Defends Budget Plans](https://mins.news/en/video/120403) — Bloomberg Television, 2026-10-29
- [Healey defends UK budget, warns of ‘tough decisions’ ahead](https://mins.news/en/video/120284) — Bloomberg Television, 2026-10-29
- [Five key takeaways from the UK Autumn Budget](https://mins.news/en/item/119647) — Al Jazeera, 2026-10-28
- [UK brings forward defence spending target, pledges billions to Ukraine](https://mins.news/en/item/119264) — CNBC, 2026-10-28
- [Burnham government unveils its first UK budget: What to expect](https://mins.news/en/item/118906) — Al Jazeera, 2026-10-28
- [Opinion: UK bond investors want spending cuts; John Healey’s first Budget may disappoint](https://mins.news/en/item/116983) — CNBC, 2026-10-27