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That was pretty clever stuff from John Healey in his debut Budget as Chancellor.
Facing a very tricky situation — navigating high public expectations on the one hand and nervous bond markets on the other — he managed to more or less keep everyone happy.
Not ecstatic — and there are, and will continue to be, complaints from all sides. But there was never going to be the big spending cuts some on the right were demanding, nor the enormous tax rises on the rich as some on the left were dreaming of.
Full reaction from FGF's Chief Economist @DanRCorry ⤵️
publicfinance.co.uk/opinion/…
Ahead of today's #Budget we wanted to see more power for mayors and more support for entrepreneurs from the Chancellor.
So it was great to see #Budget2026 committed to unlocking good growth in every postcode by "putting places in control of their economic future" and "backing a new wave of wealth creators"
gov.uk/government/publicatio…
The government’s #2026Budget announcement of a pilot ‘Young Entrepreneurs Allowance’ is a good first step. Financial support for young people to take the risk of starting a business is crucial to innovation-led growth, around the country.
The next step for the government is to match the ‘Young Entrepreneurs Allowance’ subsidy with mentorship to give #entrepreneurs the best chance of success, and make the investment in them, more likely to pay off.
Find out more about our #entrepreneurs proposals🔽🔽🔽
futuregovernanceforum.co.uk/…
The Future Governance Forum (FGF) retweeted
Everyone knows that chancellor John Healey has a tough job on his hands tomorrow.
But being ultra cautious is not the best way ahead. While the chancellor’s room for manoeuvre is limited, that doesn't mean he can't be radical.
Here are three things FGF’s Chief Economist @corry_dan81981 says the chancellor can do tomorrow to drive growth and unlock innovation across the country:
1️⃣ Turbocharge the move to powerful, growth-creating mayors.
2️⃣ Take action to unleash the innovative potential across the UK.
3️⃣ Use the power of the state to drive the growth agenda and hold the government accountable for success.
More on this in Dan’s latest article (originally published in @public_finance_)
futuregovforum.substack.com/…
The Future Governance Forum (FGF) retweeted
Tomorrow, Chancellor John Healey will deliver his first #Budget.
Here are three things that FGF’s Adam Terry would like to see tomorrow:
1️⃣ More power and funding given to mayors - through a clear fiscal devolution roadmap and Mayoral Infrastructure Investment Partnerships
2️⃣ Unlocking innovation and opportunity - unleashing the UK’s innovative potential and supporting underinvested founders and young people starting their own businesses
3️⃣Driving the growth agenda - establishing a Growth Investment Tracker to show where public investment happens across the country
Read how the Chancellor can deliver a truly progressive budget in @DanRCorry's article: publicfinance.co.uk/opinion/…
The Future Governance Forum (FGF) retweeted
🚨Upcoming event🚨
The UK needs to build more infrastructure. But too many projects are slow to deliver, go over budget or fail to deliver the benefits originally promised.
Join us for an event hosted with @ICE_engineers to explore a new report on how improving public engagement on infrastructure projects could lead to faster, cheaper and smoother delivery.
Sign up 👇
luma.com/bxdfm17e
🚨Upcoming event🚨
The UK needs to build more infrastructure. But too many projects are slow to deliver, go over budget or fail to deliver the benefits originally promised.
Join us for an event hosted with @ICE_engineers to explore a new report on how improving public engagement on infrastructure projects could lead to faster, cheaper and smoother delivery.
Sign up 👇
luma.com/bxdfm17e
It’s really good to see @BritishBBank launch a new angel programme for underinvested founders 👏👏👏
This was recommendation 4 in our ‘Closing the funding gap - building a fairer finance system that works for all founders’ report written by Dillon Lancaster & Ram Puvinathan, which said:
'The government should establish a dedicated angel programme for underinvested founders, funded through Investor Pathways. Evidence demonstrates that diverse investors back diverse founders, so growing the pool of angels from underinvested backgrounds would offer one of the most cost-effective ways to expand the capital available to them.'
british-business-bank.co.uk/…
Everyone knows that chancellor John Healey has a tough job on his hands tomorrow.
But being ultra cautious is not the best way ahead. While the chancellor’s room for manoeuvre is limited, that doesn't mean he can't be radical.
Here are three things FGF’s Chief Economist @corry_dan81981 says the chancellor can do tomorrow to drive growth and unlock innovation across the country:
1️⃣ Turbocharge the move to powerful, growth-creating mayors.
2️⃣ Take action to unleash the innovative potential across the UK.
3️⃣ Use the power of the state to drive the growth agenda and hold the government accountable for success.
More on this in Dan’s latest article (originally published in @public_finance_)
futuregovforum.substack.com/…
Tomorrow, Chancellor John Healey will deliver his first #Budget.
Here are three things that FGF’s Adam Terry would like to see tomorrow:
1️⃣ More power and funding given to mayors - through a clear fiscal devolution roadmap and Mayoral Infrastructure Investment Partnerships
2️⃣ Unlocking innovation and opportunity - unleashing the UK’s innovative potential and supporting underinvested founders and young people starting their own businesses
3️⃣Driving the growth agenda - establishing a Growth Investment Tracker to show where public investment happens across the country
Read how the Chancellor can deliver a truly progressive budget in @DanRCorry's article: publicfinance.co.uk/opinion/…
👏 Excellent article from @BrunoDent_ marking Burnham’s first 100 days in power.
If these first 100 were about grand designs, the next 100 must be about the nuts and bolts: the mechanics of how to successfully move power out of Whitehall and design a new set of institutions that can behave and govern effectively.
Failure to do so will leave us with a family of combined authorities born hundreds of miles from Whitehall, but carrying its DNA. The same baggage, same bureaucratic working styles, and same toolkit for running services.
Burnham and the mayors must reject this copy-and-paste statecraft.
futuregovforum.substack.com/…
In Wednesday's #Budget , how should the Chancellor redistribute more power to mayors, unlock innovation and drive economic growth?
@DanRCorry FGF's Chief Economist answers those questions in this @public_finance_ article. Here are three examples of the proposals Dan makes, aimed at transforming the state to renew the nation:
1. England's mayoral authorities, now dubbed 'strategic authorities, should be given more power over expenditure and control over multi-year budgets, and mayors should be given the green light to enter into their own 'Mayoral Infrastructure Investment Partnerships'.
2. More government effort is needed to get financing to: women #entrepreneurs, #business leaders with disabilities, ethnic minority entrepreneurs - groups who find it harder to get financing for their businesses.
3. The government should set up a Growth Investment Tracker to show how the most growth-friendly forms of public investment are spread across the country and ensure that they are better targeted towards national and regional growth.
publicfinance.co.uk/opinion/…
The debate around earned settlement is heating up.
In case you haven’t been following, the Home Secretary has proposed changes to make it longer and tougher for migrants to settle permanently in the UK, including for those already living and working here.
Under this new system, the UK will have some of the longest pathways to settlement of any European country.
Such long pathways will likely harm integration and will also put migrant workers at greater risk of exploitation – something well documented for care workers. As such, the proposals have proved controversial, including from within the Home Secretary’s own party.
If the government does go ahead with reforms, we’ve suggested an alternative approach: a new ‘interim’ settled status offered at five years and full settled status at ten. This allows government to keep the focus of the story on contribution, while drawing a clear dividing line with those on the right pushing for more extreme changes to settlement policy.
Read @EmilyAGraham2 's article to find out more:
The Future Governance Forum (FGF) retweeted
⏰ There's less than one week left to apply to become FGF's new Head of Advocacy & Engagement!
💪 We want someone who can build networks, spot and secure new opportunities, and advocate for our work to maximise impact.
👍 With a new Prime Minister echoing our vision with calls to 'rewire the state' and devolve power around the country, this is an exciting time to join our organisation and help maximise our impact.
If you want to get involved, please apply! 👇
futuregovernanceforum.co.uk/…
The first Chair of @Railways_GB has now been announced.
This is a really significant step. There are just 18 months before GBR – the 'directing mind' of the new, largely nationalised railway – is operational. Sir John Kingman must hit the ground running.
Here are three priorities @BrunoDent_ set out in an article for @CSWnews last month, which he should focus on from day one.
1️⃣ Use the power of the pulpit: bring attention to overlooked issues and champion GBR in public.
2️⃣ Lovebomb the mayors: establish effective working relationships with England's mayors and the devolved national governments.
3️⃣ Build an outstanding team - from boardroom to platform: appoint a senior leadership team quickly and use this wider opportunity to coordinate the industry's workforce.
🔗 Full article: library.myebook.com/csw/civi…
Former Treasury second permanent secretary John Kingman will lead new state-owned railway operator
bit.ly/4BqixLY
⏰ There's less than one week left to apply to become FGF's new Head of Advocacy & Engagement!
💪 We want someone who can build networks, spot and secure new opportunities, and advocate for our work to maximise impact.
👍 With a new Prime Minister echoing our vision with calls to 'rewire the state' and devolve power around the country, this is an exciting time to join our organisation and help maximise our impact.
If you want to get involved, please apply! 👇
futuregovernanceforum.co.uk/…
💡 When it comes to invention, creativity and innovation, Britain has offered the world a great deal.
From the steam engine (1712), the Smallpox Vaccine (1796), the telephone (1876) and Penicillin (1928), to The Beatles, David Hockney, Jane Austen and Hilary Mantel, Britain's creative juices are in no short supply.
📆 Last week, FGF co-hosted the 'Innovation Nation' summit in Manchester with @GrowthandReform and @metrodynamics to celebrate this illustrious history and to think about what the next chapter of the story should be.
The summit had a simple message: that Britain has been the world’s innovation nation before, and we have the potential to be so again.
👇 Here's how:
futuregovforum.substack.com/…
The Future Governance Forum (FGF) retweeted
Last year, FGF’s flagship ‘Transforming #DowningStreet' report recommended the creation of a dedicated department for the #PrimeMinister, to give them the powers they need at hand to drive their political programme through Whitehall and beyond.
On taking power in July, that’s exactly what @andyburnham did: establishing the new Office of the Prime Minister and Cabinet in his first week in the job.
But new structures are only the first step to rewiring the centre of the state. It will be the people within those structures, and the culture they create, that will determine whether we see real change in the way government operates.
So it’s good to see today the job advert go live for a new Permanent Secretary of the Office of the Prime Minister and Cabinet - something else we called for last year and argued was critical to the success of a new prime ministerial department.
Whoever takes up that new post will have a vital role to play in the Prime Minister’s ambition to create a more streamlined state with a clearer purpose. One to watch…
civilservicejobs.service.gov…