John Healey: “This action to ease the cost of living is funded by savings made elsewhere, so there’s no burden to British taxpayers…”

It's a sign of resilience in the UK economy that some had not expected

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.

It's really tough in the face of these economic global shocks

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.