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1 outlets · filed 12 October 2026

IFS: budget will be ‘work of fiction’ without clear plan to cover UK’s £35bn spending pressures

This story is from the archive. It was covered between 12 October 2026 and 12 October 2026, and nothing below has been updated since. See what is happening now.

Thinktank’s influential pre-budget report urges key decisions to be made now and not put off until next year John Healey has been warned by Britain’s leading tax and spending experts that his budget risks being a “work of fiction” unless he sets out plans to cover £35bn in spending pressures.

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The Guardian US

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