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A warning is already on the table. Chancellor John Healey told the Financial Times that Britain faces a hard Budget, invoking what he called a "more dangerous world" as the backdrop.
A Budget is the government's annual plan for how much it will raise through taxes and how much it will spend.
When a sitting chancellor uses the word "tough" before one is delivered, it lands as an instruction to every part of government to prepare for less.
Healey, new to the role, said he and Prime Minister Andy Burnham are determined to meet the fiscal rules. Fiscal rules are the limits a government places on its own borrowing.
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