United Kingdom: Budget faces limited fiscal flexibility - Nomura

Time Trade session note (2026-10-21): Nomura’s UK budget preview expects Chancellor Healey, at his first budget on 28 October, to allow fiscal headroom to fall to around £15bn. Following September… Primary source: original at FXStreet (fxstreet.com).

21 October 2026, 13:03 BST · FXStreet

Nomura’s UK budget preview expects Chancellor Healey, at his first budget on 28 October, to allow fiscal headroom to fall to around £15bn. Following September public finance data, the cash deficit is no longer surprising to the upside.

Read at source