Former Bank of England chief economist's take on the 2026 UK Budget | FT #shorts

UK chancellor John Healey claimed his first Budget 'for working people' would help Britain navigate global 'storms' in the short term and create the conditions for growth. What does a former chief economist at the Bank of England make of it? According to Andy Haldane, the scale of Healey’s first Budget, in terms of higher taxes and spending, was very modest compared with recent fiscal events. ► Enjoying FT content? Get a daily slice of the very best FT journalism with FT Edit. Free for 30 days then just £4.99 a month See if you get the FT for free as a student (http://ft.com/schoolsarefree) or start a £1 trial: https://subs.ft.com/spa3_trial?segmentId=3d4ba81b-96bb-cef0-9ece-29efd6ef2132. ► Check out our Community tab for more stories: https://www.youtube.com/@FinancialTimes/community ► Listen to our podcasts: https://www.ft.com/podcasts ► Follow us on Instagram: https://www.instagram.com/financialtimes ► Follow us on Instagram: https://www.tiktok.com/@financialtimes