UK's finance minister Healey walks fiscal tightrope before first budget — Live Feedhttps://www.live-feeds.com/feed/uk-s-finance-minister-healey-walks-fiscal-tightrope-before-first-budgetContinuously updated, source-cited coverage. Chancellor John Healey signals spending controls ahead of October Budgethttps://www.live-feeds.com/feed/uk-s-finance-minister-healey-walks-fiscal-tightrope-before-first-budgethttps://www.live-feeds.com/feed/uk-s-finance-minister-healey-walks-fiscal-tightrope-before-first-budget#u61935Tue, 08 Sep 2026 22:37:44 +0000Chancellor John Healey states the UK economy is "turning the corner" while emphasizing the need for strict spending controls to remain true to Labour values. Despite promoting growth through decentralized power, Healey refuses to rule out tax increases in the upcoming October Budget. Market reactions are mixed; while the pound steadied against the dollar following his first speech, the UK recently sold 4.25 billion pounds of 30-year bonds at the highest interest rate since 1998, reflecting significant pressure on public finances.Why it mattersThe Chancellor is balancing the need for