
Budget pledges £1bn housing investment amid defence spending row
Chancellor John Healey's first Budget offers greater devolution and support for small breweries, but remains dogged by demands over military spending and the resignation of a key business adviser.
Chancellor John Healey will present his first Budget on Wednesday, pledging over £1bn for social and affordable housing in England and greater devolved powers for regional mayors. However, the fiscal package is set against a backdrop of deep political divisions over defence spending, and a surprise resignation from the Treasury's own entrepreneurship adviser.