Why everyone is so obsessed with the chancellor’s ‘headroom’

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Why everyone is so obsessed with the chancellor's 'headroom'

Chancellor John Healey will deliver his first budget later this month, with lots of speculation as to whether he will have to raise taxes.

The Institute for Fiscal Studies has published its annual Green Budget report on the issues and challenges he faces ahead of his upcoming budget statement.

Sky’s Ed Conway reports.

#SkyNews #UKbudget #JohnHealey #UKpolitics

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Date: October 12, 2026