LONDON, UK — Prime Minister Andy Burnham is preparing a fresh round of meetings with business leaders as companies seek greater clarity over potential tax changes and the government’s plans for economic growth ahead of the next Budget.

The planned discussions, reported on 12 October 2026, are expected to bring together technology entrepreneurs, venture-capital investors, executives from major FTSE-listed companies and business organisations at Downing Street.

Chancellor John Healey is also expected to meet retail and hospitality representatives to discuss investment, productivity and sustainable economic growth. The meetings come as businesses assess the potential impact of future fiscal decisions on operating costs and expansion plans.

Tax uncertainty remains a key concern for parts of the UK business community. Financial-sector representatives have warned that additional tax burdens could affect lending, investment and Britain's international competitiveness. However, the final Budget measures have not yet been confirmed.

The government faces a difficult balance: raising sufficient revenue to fund public services while maintaining an environment that encourages companies to invest, recruit and expand. Businesses will be looking for clearer signals on taxation, workforce costs and support for innovation.

The outcome of the discussions could shape expectations ahead of the Budget, although meetings with business leaders do not guarantee changes to government policy. Companies will need to wait for formal announcements before making decisions based on any proposed tax measures.