Business
Healey’s ‘bizarre’ pension tax shield to hit thousands of retirees with 53 per cent tax rate
By Katherine Langford
‘What breathing space?’ Top economist and Labour MP debate the Budget
Katherine Langford
Katherine Langford
Editor-in-Chief · Edina, MN
Katherine oversees editorial operations across all six brands. Before joining The Meridan Group, she spent 14 years at the Minneapolis Star Tribune, where she led the metro desk through its digital transformation. She holds a Master's in Journalism from Northwestern's Medill School.
More from Katherine →Editor-in-Chief · Thursday, October 29, 2026 at 9:46 AM · 1 min read
Moments after John Healey sat down in the Commons, the City AM studio was filling up with guests to chew over what we d just heard. Our columnist Helen Thomas, aka Blonde Money, joined Editor Christian May and Comment Editor Alys Denby to discuss the economic context and political impact, before it fell to Labour s Callum Anderson to explain exactly where the breathing space comes from when growth is slumping, debt is rising and living standards are stagnating. As the Chancellor announced close to 100 new measures and hiked taxes by £7bn, the OBR s accompanying analysis made grim reading with dire forecasts on everything from housebuilding to welfare spending. What is Healey s plan for growth? Will he tackle youth unemployment? How has the City reacted to the Budget? What s the future of North Sea oil and gas? Are we just getting poorer? Watch City AM s Budget Unpacked to find out. Play Video
Up nextHealey’s ‘bizarre’ pension tax shield to hit thousands of retirees with 53 per cent tax rateBusiness · 1 min read
