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“He was challenged over plans to bring down the UK’s debt pile of more than 97% of the whole economy and whether that could entail cuts of around 6% to some government departments over several years.”

“John Healey cast more confusion on Labour's welfare policy today amid warnings that the UK is still in the crosshairs of debt markets.”

“He was challenged over plans to bring down the UK’s debt pile of more than 97% of the whole economy and whether that could entail cuts of around 6% to some government departments over several years.”

“Goldman Sachs expects Democrats to use fiscal deadlines to seek to limit the war with Iran, roll back selected tariffs and reverse spending cuts enacted last year.”

“Politicians around the world, including in the UK, have been weighing up the merits of introducing a wealth tax of their own, and the outcome of the California vote will be watched with intense interest.”

“Many expect the cuts to be soon accompanied by plans to grow the Telegraph’s operations in the US, though many staff have been confused by the strategy set out so far.”

“While the mayor has been handed new tax powers, will this be followed by unfair cuts to central Government funding for London in next year’s Spending Review which could dent the recent surge in support for Labour in the city?”

“Residents of the UK's benefits capitals might have been expected to welcome John Healey's Budget this week, the first under Prime Minister Andy Burnham.”

“Chalmers told this masthead’s Inside Politics podcast this week that he had become a “lightning rod” for criticism at a time when inflation is running hotter in Australia than the UK and the US and the G7 average.”