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News London has published 6 stories involving John Healey, from July 2026 to October 2026. Each one is scored for how well the original reporting stood up, and lists the reports it was written from.
London's FTSE 100 index closed down 1.7% on Thursday, reflecting broader market anxieties driven by Middle East tensions and UK fiscal concerns. Bond yields remained elevated, impacting investor sentiment and leading to a slowdown in house price appreciation.
Shares in major UK housebuilders experienced significant gains following the government's announcement of the 'Your First Home' initiative. The programme aims to make new-build properties more accessible to first-time buyers with a reduced deposit requirement and government equity loans.
The Climate Change Committee warned that expanding Heathrow cannot meet the UK’s net‑zero target, despite a £33bn proposal to add a third runway. It estimates passenger fares could rise by up to £400 on trans‑Atlantic trips by 2050, and the government says it will review the advice before any decision.
Chancellor John Healey told the House of Commons that the government has approved the Heathrow third runway, a £33bn scheme projected to add 756,000 flights a year. The Treasury’s own appraisal puts the net present value between minus £23.4bn and minus £62.5bn. The public consultation ended on 1 September 2026.
The London Chamber of Commerce and Industry has called on the government to lower business costs and undo the £20bn increase in employer National Insurance contributions. Chancellor John Healey is expected to announce a £150m fund for fast‑growing northern firms on 28 October.
The Mayor of London will keep a share of income tax and business rates collected within the capital. The Prime Minister confirmed the move as part of a wider devolution drive to transfer power from Westminster to regional leaders.
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