As Chancellor John Healey prepares to deliver his first Budget, BBC News Political Editor Chris Mason reports that the fiscal package must take substantial steps toward fulfilling the Prime Minister's core commitments. Central to the upcoming announcements will be measures addressing the ongoing cost of living crisis, with a particular focus on soaring energy bills.
In addition to household finances and cost-of-living relief, the upcoming fiscal statement is expected to feature significant announcements regarding regional devolution. These areas are anticipated to form the cornerstone of the government's economic strategy as it seeks to balance immediate financial pressures with long-term political promises.
