{
  "id": 17025396,
  "title": "FTSE 100 Live: Stocks to rise as market digests ‘do no harm’ Budget",
  "url": "https://urgent.news/2026/10/29/ftse-100-live-stocks-to-rise-as-market-digests-do-no-harm-budget",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T06:29:00.000Z",
  "source": {
    "name": "City AM",
    "slug": "city-am",
    "url": "https://www.cityam.com/ftse-100-live-stocks-to-rise-as-market-digests-do-no-harm-budget/"
  },
  "original_language": "en",
  "account": "The FTSE 100 is set to rise on Thursday morning as investors digest Chancellor John Healey's maiden Budget. The market opened with a bullish sentiment, as the Budget spared banks and gambling firms from harsh tax measures. The FTSE 100 closed flat on Wednesday, after a morning of decline. However, a late decline in housebuilder shares prevented any significant gains. The Your First Home scheme introduced in the Budget received mixed reactions, with concerns over its effectiveness in aiding first-time buyers. The Office for Budget Responsibility (OBR) published four forecasts, highlighting Britain's fiscal vulnerabilities. Critics have labeled the high street's tax hike under Healey as \"smoke and mirrors.\" Despite the budget's challenges, Healey managed to win the favor of British founders by offering a £10 million tax break. The Chancellor also highlighted the need for increased defence investment, relying on the private sector to meet this goal.",
  "summary": "Welcome to City AM‘s FTSE 100 liveblog. It’s Thursday morning and stocks are set to rise on the market open. Investors will be picking through John Healey’s maiden Budget throughout the day, which pushed up shares in banks and gambling firms after they were spared worse tax raids. The FTSE 100 closed level on Wednesday [...]",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 2,
    "also_reported_by": [
      {
        "outlet": "Investing.com",
        "title": "FTSE 100 today: Stocks edge up as budget, Fed pause reassure investors",
        "url": "https://urgent.news/2026/10/29/ftse-100-today-stocks-edge-up-as-budget-fed-pause-reassure-investors",
        "published": "2026-10-29T08:30:11.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}