Chancellor Tightens Belt Ahead of Budget | Leicester News

Chancellor John Healey is hitting the brakes on spending ahead of the Budget, declaring the UK economy’s showing signs of recovery while pledging fiscal discipline. In his first major speech in Coventry, he warned that soaring borrowing costs are squeezing businesses—and vowed to ease that pressure while keeping the nation fiscally responsible. Despite global turmoil, Healey and the Prime Minister remain aligned on balancing the books with a safety net for surprises. The government also plans to fast-track approvals for big projects across sectors to jumpstart growth, and unveiled a £150 million boost from the British Business Bank for Northern firms—plus a new “Northern 500” initiative to empower regional business leaders.

Listen in comfort:
Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn.

Advertise on DNN:
[email protected]

This is an automated, high-level news summary based on public reporting.
Report issues to [email protected].

View sources & latest updates:
https://sources.thednn.ai/7a2a3fd915c2a2fa