Chancellor John Healey's First Speech Explained

By Times News

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John Healey gave his first major speech as Chancellor on Monday, aiming to show that the economy has ‘turned a corner’. But his comments have been overshadowed by a background of turmoil in the bond markets, thousands of job cuts, and speculation that he is offering very little different to his predecessor Rachel Reeves. So what did this speech tell us about the new Chancellor? And will he have to raise taxes at the budget in October? #UKPolitics #UKEconomy #JohnHealey #RachelReeves #OctoberBudget #BondMarkets #Treasury #UKTax #Economics This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: http://thetimes.com/thestory Guest: Jack Barnett, economics correspondent, The Times. Host: Manveen Rana. Producers: Leo Danczak, Shabnam Grewal. We want to hear from you - email: thestory@thetimes.com Read more: It’s decision time for Andy Burnham if he wants to win over markets Further listening: The Business: Scott Bessent, b

Tags: the times, the sunday times, john healey, chancellors speech, rachel reeves, uk economy, october budget, tax rises, bond market turmoil, government borrowing, treasury policy, uk economic growth, standard of living, public finances, fiscal headroom, foreign policy economics