This action to ease the cost of living is funded by savings made elsewhere, so there’s no burden to British taxpayers, just pounds going back into their pockets.
John Healey
The Public Record
★ Featured Quote
July 22, 2026
I will work in lockstep with the new PM to meet the fiscal rules with a buffer against uncertainty.
— John Healey
fiscal credibility is the bedrock for economic stability and for national security
That is why yesterday we cut VAT on electricity bills and today we’re announcing a £2 cap on bus fares from January.
We see you. We see your activity over our cables and our pipelines, and you should know that any attempt to damage them will not be tolerated and will have serious consequences.
Fiscal control is the first duty of any chancellor. It is mine. And fiscal credibility is the bedrock for economic stability and for national security, and you heard the prime minister this afternoon say, in this more dangerous world, we…
without a DIP that “meets the moment” I was “forced to make decisions that would reduce the readiness of our forces and increase the risk to personnel on operations, and could make our country less safe”
For too long, too many people have struggled with the cost of living. Today's energy tax cut will give families some breathing room on bills, and provide some reassurance this winter.
I am certain that a headmark date for 3% of GDP on defence in 2030 is what Britain must set.
The Treasury with defence really was in denial about the commitment that the UK has rightly made to Nato and to our people: it is still planning, was still planning on 3 per cent, but not until 2034-35.
the Treasury has been unwilling, to commit the resources that the nation needs to defend the country at this time of rising threats.
This means that it will be something for Andy Burnham as a short-term challenge.





