John Healey: “This is not the moment for calibration or incremental change. This means bigger politics, bolder priorities and harder…”

And so I’m here to work with international partner nations to deepen our economic resilience, to deliver good growth and also to give families and businesses just a bit of breathing space.

As G20 countries seek to make the most of AI opportunities, I’m determined Britain has a lead role in harnessing this technology to drive more jobs, better public services, and growth that’s UK-wide.

Conflict and uncertainty increases inflation, threatens growth and pushes up costs for businesses and governments alike.

As the new chancellor, John Healey, weighs the price of energy support for struggling households, however, he will have to contend with higher borrowing costs.