The Treasury's a paradox: you have some of the very best and brightest officials in the Treasury, but you have, too often, a Treasury orthodoxy that's a dead hand on dynamic government.
Describing the Treasury's approach to defence spending.
Share
More from John Healey
I’m working on different ways we can step up support for Ukraine: military, diplomatic and economic, and you know, if anybody needed any reminder of that, it’s what we see coming out of Ukraine, with [Vladimir] Putin targeting these energy…
People recognise these times that are tough for everyone, and what they do expect of a government is to manage with the budgets we've got, deliver the public services they need, and that's the challenge.
The step back from this is that the future of Ukraine is the future of European security, and that’s why it’s so crucial that Putin doesn’t prevail.
We will meet those fiscal rules, and I think one of the hallmarks of the IMF’s backing of our fiscal plans is recognition that there isn’t just a forecast for the future, but there’s some evidence of performance already.
Other voices in this conversation
