Chancellor John Healey has announced the date of his first Budget will be Wednesday, 28 October.

In a video message,  he said: "This will be a Budget that moves money and power out of Westminster, and into every postcode around Britain.

"It will be built on fiscal discipline. It will meet our fiscal rules. It'll give businesses and families some of the stability they need to plan for the future. Now, let's get on with the job."

A report in the Times says Healey and Prime Minister Andy Burnham have written a joint letter to Cabinet members telling them they must stick within their existing spending limits while funding new pledges.

The Times says ministers have been told they had to live "within the budgets they have already got" even while "pay[ing] for new things they want to do this