Browsing: Healey

The chancellor is to warn the European Union (EU) not to lock the UK out of its scheme to protect industries from unfair Chinese competition.

Britain’s new finance minister John Healey on Monday pledged to maintain the Labour government’s strict fiscal discipline in his upcoming budget, after governments worldwide were hit by spiking borrowing costs.

LONDON, Sept 7 (Reuters) – Britain’s new finance minister John Healey, a former trade unionist who has backed light-touch rules for banks, must soon decide on the right balance for a budget that could be the defining moment for Andy Burnham’s premiership.

Increasing productivity has been close to an article of faith for successive chancellors and one of the few economic ambitions that crosses party lines.