LONDON — John Healey wants to keep his debut budget low-key — but he's also got to show the British public his boss really does feel their pain. The chancellor delivers the first financial statement of the Andy Burnham era Wednesday. The pitch? "Breathing space for today" mixed with some "fresh hope for the future." But with war in Iran driving up costs worldwide, government borrowing at its highest level in a year, and businesses warning they're taxed to the max, Healey is up against it. Here's how POLITICO's team of reporters will be poring over the big fiscal moment, unveiled at 12.30 p.m. U.K. time Wednesday.
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