A closer look at “Budget 2026: John Healey unveils £15bn headroom, falling debt, and revised growth forecast”, exactly as the source publishes it. Chancellor John Healey has delivered Budget 2026 against a backdrop of global uncertainty, insisting the government will meet its fiscal rules on day-to-day spending and falling debt. The Office for Budget Responsibility (OBR) confirms £15bn of headroom in 2029-30 and £20bn in 2030-31, with borrowin The Office for Budget Responsibility (OBR) confirms £15bn of headroom in 2029-30 and £20bn in 2030-31, with borrowing set to decline from 4.2% of GDP this year to 1.8% by 2030-31.
Healey said earlier predictions of slowing growth were wrong: the OBR now expects GDP to grow by 1.2% this year, 1% next year, and then gradually rise to 1.8% in 2029. Government debt is forecast to peak at 83.8% of GDP next year before falling to 81.7% by 2030-31. For the complete material, the listing points back to the source inside the network.