Business
Healey’s Budget spoiled by ‘grim’ living standards squeeze
By Marcus Chen
FTSE 100 Live: Stocks to rise as market digests ‘do no harm’ Budget
Marcus Chen
Marcus Chen
Managing Editor · St. Paul, MN
Marcus manages the day-to-day editorial workflow across all brands, coordinating coverage assignments and ensuring editorial standards are met. He previously served as city editor at the Pioneer Press and holds a degree in Political Science from Carleton College.
More from Marcus →Managing Editor · Thursday, October 29, 2026 at 6:29 AM · 1 min read
Welcome to City AM s FTSE 100 liveblog. It s Thursday morning and stocks are set to rise on the market open. Investors will be picking through John Healey s maiden Budget throughout the day, which pushed up shares in banks and gambling firms after they were spared worse tax raids. The FTSE 100 closed level on Wednesday after trailing for most of the morning. A late slump in housebuilder shares prevented any significant gains, as details of the Your First Home scheme left much to be desired. Here’s a few of our top headlines this morning: Four OBR forecasts lay bare Britain s fiscal vulnerability Smoke and mirrors : Why high street still faces a £250m tax hike under Healey Sigh of relief as Healey woos British founders with £10m tax break Healey s Budget spoiled by grim living standards squeeze Chancellor leans on private sector for defence investment drive The liveblog has ended.No liveblog updates yet.
Up nextHealey’s Budget spoiled by ‘grim’ living standards squeezeBusiness · 1 min read
