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New Chancellor John Healey 'gets £9bn extra a year to spend as Labour piles on more borrowing'
John Healey has been appointed as the new Chancellor with an additional £9 billion allocated annually. The Labour Party is increasing borrowing to fund this spending.
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- Chancellor John Healey could issue 'defence bonds' to raise billions for military - despite Rachel Reeves warning they are just more borrowing
- New Chancellor John Healey confirms his first Budget will be held on October 28 - amid outcry over Burnham's unfunded spending pledges
- Healey to deliver Budget on October 28