Britain's new Finance Minister John Healey will present his first Budget on October 28, pledging to maintain the government's fiscal rules despite growing pressure on public spending.

John Healey has promised to "move money and power out of Westminster" in his first Budget, which as been set for 28th October.

Andy Burnham’s new government will hold its first budget on Oct. 28, U.K. Chancellor John Healey announced today. Healey, who replaced Rachel Reeves in the job last week, will…