Britain's Chancellor of the Exchequer John Healey (C) holds the Budget Box as he leaves 11 Downing Street with Britain's Financial Secretary to the Treasury James Murray (L) and Britain's Chief Secretary to the Treasury Emma Reynolds (R) in central London on October 28, 2026, before presenting the government's annual budget to parliament. Healey will unveil his first budget on October 28 as he juggles commitments to defence spending and easing household bills with little financial room to manoeuvre. (Photo by CARLOS JASSO / AFP via Getty Images)