Britain's Chancellor of the Exchequer John Healey (L) prepares to leave 11 Downing Street with members of his Treasury team, (2nd L to R) Britain's Financial Secretary to the Treasury James Murray, Britain's Chief Secretary to the Treasury Emma Reynolds, Britain's Economic Secretary to the Treasury Lucy Rigby and Britain's Exchequer Secretary to the Treasury Dan Tomlinson, in central London on October 28, 2026, before presenting the government's annual budget to parliament. Healey will unveil his first budget on October 28 as he juggles commitments to defence spending and easing household bills with little financial room to manoeuvre. (Photo by Stefan Rousseau / POOL / AFP via Getty Images)