Report: Healey vows to stick to fiscal rules in budget built on hope

A report from The Guardian — World focuses on “Report: Healey vows to stick to fiscal rules in budget built on hope” and sets out the main development contained in the supplied source material.

Chancellor tells Labour conference it’s ‘not progressive’ to fail to balance books against the backdrop of rising welfare bill as borrowing costs climb to record high Business live – latest updates Price of diesel on UK forecourts reaches all-time high John Healey has pledged to use next month’s budget to inject hope into Britain’s economy while sticking to the government’s fiscal rules, arguing there is “nothing progressive” about losing control of public finances. The report also notes that In his first speech as chancellor to Labour conference , Healey raised concerns about that next month’s highly anticipated tax-and-spending event would need to take into account a challenging global backdrop.

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