#rachel reeves

Budget to be held in October, Healey announces

Chancellor John Healey confirms 28 October for his first Budget

Healey pledges fiscal discipline and a shift of money and power away from Westminster as the government faces rising borrowing costs and a tight fiscal backdrop.

Jul 31

Who is new chancellor John Healey? Labour veteran who quit as defence secretary

Politics

John Healey named UK chancellor weeks after shock resignation as defence secretary

The former defence secretary, who quit over defence funding, returns to government as Andy Burnham's chancellor.

Jul 20