John Healey: “I know that some of the decisions I must take – and will take – will show the benefits in years to come.”

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

As the UK’s second financial centre, Edinburgh is a fitting host for the G20 finance meeting.

I think in recent decades, and this is true in Heathrow and airports right across the UK, that they have been a big part of jobs and growth. And the case for a third runway at Heathrow has always been a case for growth.

I want the budget to be a budget that gives Britain a bit of breathing space – but also reinforces the strength of our fiscal plans and the strength of our resilience and our economy for the future.