Britain's Chancellor of the Exchequer John Healey poses with the Budget Box as he leaves 11 Downing Street in central London on October 28, 2026, before presenting the government's annual budget to Parliament. On Wednesday, John Healey will present his first budget, which will test its ability to support purchasing power and increase defence spending, all while working with limited financial leeway. (Photo by Henry Nicholls / AFP via Getty Images)