Key Takeaway
Chancellor tells Labour conference it’s ‘not progressive’ to fail to balance books amid rising welfare bill as borrowing costs climb to record highBusiness live – latest updatesPrice of diesel on UK forecourts reaches all-time highJohn 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…
Published September 28, 2026 · Category: News
Overview
Chancellor tells Labour conference it’s ‘not progressive’ to fail to balance books amid rising welfare bill as borrowing costs climb to record 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.
Details
In his first speech as chancellor to Labour conference, Healey warned that next month’s highly anticipated tax-and-spending event would need to take into account a challenging global backdrop.
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Source
Originally published at www.theguardian.com.
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What is "Healey vows to stick to fiscal rules in budget built on hope" about?+
Chancellor tells Labour conference it’s ‘not progressive’ to fail to balance books amid rising welfare bill as borrowing costs climb to record highBusiness live – latest updatesPrice of diesel on UK forecourts reaches all-time highJohn 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.In his first speech as chancellor to Labour conferen
Who reported this story?+
This story was reported by The Guardian World.