Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Healey Defends UK Budget, Warns 'Tough Decisions' Ahead

Chancellor of the Exchequer John Healey defended his first budget against criticism that it lacked ambition, while warning the UK would face “tough decisions” about its spending priorities in the years ahead. Speaking to Bloomberg’s Caroline Hepker, Healey said a tax increase on banks would be temporary, and that he had urged the Bank of England to consider lenders’ international competitiveness…

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Also reported by 1 other outlet

Read the original at bloomberg.com →

More in Finance & Markets

More from Thursday 29 October →