UK Budget 2025 Special: Chancellor John Healey's First Budget and Market Reaction on Bloomberg

Bloomberg Television and Radio provides live, comprehensive coverage of the UK Budget on October 28th, featuring Chancellor John Healey's first budget statement under Prime Minister Andy Burnham's government. The program combines market updates, expert panel analysis, live reporting from Westminster, and the full parliamentary address.

■ Budget Day Market Overview
- FTSE 100, pound sterling, and gilt yields performance ahead of the statement
- Bank surcharge expectations and their potential impact on financial stocks
- OBR forecasts on growth, inflation, borrowing, and fiscal headroom
■ Expert Panel Discussion
- Stephanie Flanders (Bloomberg) and Peter Chaffin (RBC Capital Markets) analyze fiscal discipline, energy measures, and political stability
- Discussion of spending overruns, wage growth forecasts, and devolution plans
■ Chancellor's Budget Statement
- Cost-of-living measures including energy bill support, VAT cuts, and council tax payments
- Minimum wage increase, bank surcharge changes, and gambling tax adjustments
- Defense funding commitments, housing initiatives, and fiscal devolution roadmap
■ Post-Budget Market Reaction
- Yield movements and banking sector rally following the announcement
- Summary of key OBR figures on inflation, gilt sales, and growth downgrades

This coverage is suited for investors, economists, and anyone interested in UK fiscal policy. Viewers can gain a clear understanding of the budget's fiscal framework, the government's spending priorities, and how financial markets responded in real time.