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Andrew Neil issues stark Budget warning as John Healey hit by huge blow.TA

Broadcaster warns of ‘grim Budget backdrop’ for the Chancellor

Andrew Neil

Andrew Neil warns of ‘grim Budget backdrop’ (Image: PA)

Andrew Neil warned of a “grim Budget backdrop” for John Healey after eye-watering new borrowing figures. Government borrowing rose to £18.3 billion last month, the Office for National Statistics said, in what is the second-highest August on record. The total is £8.1 billion more than expected so far this financial year. Veteran broadcaster Mr Neil warned the figures are a blow to the Chancellor ahead of next month’s Budget.

He wrote on X: “Grim Budget backdrop: Borrowing is £8 billion more than expected so far this financial year. Over £18 billion borrowed in August, £3 billion more than the same month last year and higher than analyst forecasts of £15.5bn.”

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John Healey

Chancellor John Healey will deliver his Budget on October 28 (Image: Getty)

The veteran broadcaster added: “Financial year 2026/27 to date, borrowing now £77.3 billion, £8 billion higher than official projections by the Office for Budget Responsibility back in March.

“Rachel Reeves left behind £24 billion of ‘headroom’ to meet the fiscal rules, much of it now gone.

“Chancellor John Healey will have to find an extra £15 billion to restore that headroom before he thinks about spending more on any of the Bus-Conductor-in-Chief’s various wheezes for even bigger government.”

The ONS said the jump was driven by spending increasing more than the Government was generating from taxes and other receipts.

This partly reflected inflation-related costs and spending on the state pension and other benefits.

Emma Reynolds, the Chief Secretary to the Treasury, said: “Britain has huge potential to deliver good growth in every postcode, creating jobs, raising living standards and investing in the services people rely on.

“But we can only deliver that growth with fiscal discipline.

“At a time when debt interest costs billions of pounds that could otherwise be spent on improving lives, we must always know where the money is coming from to pay for public services.

“That is why we are committed to meeting our fiscal rules with a buffer against uncertainty, taking the tough decisions needed to keep the public finances on a sustainable path.”

Migrants just received £11.9bn of Universal Credit – that’s not even most shocking thing

Migrant households have been handed more than £10bn in Universal Credit, Aaron Newbury reveals how Andy Burnham could turn that to his advantage.

Prime Minister Andy Burnham Meets Carers Concerned About The Cost of Living

Andy Burnham (Image: Getty)

How long can a state last when the number of those financially dependent on it exceeds the number contributing to its coffers? Such a question surely must not be far from the minds of our political leaders. After all, the data from the Office of National Statistics (ONS) reports make it seem as if the cliff’s edge is fast approaching.

Earlier this year, the scale of the benefits crisis was laid bare when statistics revealed that about 53.3% of the population take away more than they pay in. Yet as ever, it appears misery begets misery, and for the boffins of Whitehall, the latest development in that miserable state of affairs only deepens the challenges they must overcome.

Now, Daily Express readers are faced with the stark reality that the amount of British taxpayers’ cash handed out to foreign nationals in Universal Credit has broken £10billion. That means around one in every six households that received the handout are foreign nationals, which has predictably sparked fury from the Conservative benches, and sent Reform UK’s contingent into a tizzy.

If those on the Labour side cannot fathom why this might be, they might want to head to their constituencies and ask their voters what they make of it. Those Britons might make note of the fact that the bill has soared by some £4.4bn in just two years – something which leaves many questions yet to be answered. It’s shocking.

Even as rumours swirl in Westminster that the Treasury is greedily eyeing further ways to improve its finances at the expense of our own, we are being told that billions are being spent on those born on other shores.

Few in the UK believe a safety net for the unfortunate should be removed. But many will baulk at the idea that those born overseas should benefit from the work and taxation of working Britons.

We are hardly a country that can boast of a vastly productive economy, coffers overflowing with rivulets of wealth, and all the domestic ills put soundly to bed. Speak to anyone, and they can tell you of lacklustre transport, underfunded local services and an NHS ever hungry for further investment. That’s not to mention the black hole in the national defence budget, which has led to alarm bells from former defence chiefs warning that the country is defenceless.

Before contemplating which other taxes to increase, Andy Burnham and his newly minted Chancellor, John Healey, would do well to take even a cursory look at the excessive abuse of the benefits system. While that goes against the natural instinct of the socialist, who are ever loath to suggest that the instruments of government may well be out of tune with the rest of us, it would serve them well.

Yes, a broader sweep through the ruinously expensive welfare state, the seeds of which were planted and watered by successive Labour governments, is needed. But I fear it would be foolish to think Eyelashes Andy is the man to do it.

His own particular brand of popularity, which, like most socialist operators, consists of taking from the productive to fund ever-growing handouts, prohibits a more constructive look at the system. He still has an easy win before him.

At the stroke of a pen, Mr Burnham could command that foreign nationals cannot receive Universal Credit. Undoubtedly, this would agitate the London lawyers, who would swiftly tut and huff dissapointedly, but it would be well received by the millions of hard-working Britons who struggle with the question: Why should my taxes be handed to foreign recipients?

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