The Guardian view on Labour’s budget: bold ambitions and welcome first steps | Editorial

Banks, landlords and gambling firms will pay more as the chancellor begins building a fairer economy and a more active state in a cost of living crisis John Healey’s first budget was a Rorschach test. Supporters saw dozens of measures offering “ breathing space” to a public worn down by rising prices. Critics admitted to a slew of announcements but countered that each was modest in value . Underlying both views…