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PoliticsUK Chancellor Healey pledges fiscal buffer to reassure markets
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UK Chancellor of the Exchequer John Healey has committed to disciplined control of Britain's public finances to protect against economic shocks, in a speech to City of London executives. Healey emphasized that 'fiscal credibility is the bedrock of stability' as he outlined plans to maintain a fiscal buffer. The pledge comes amid ongoing economic uncertainty and aims to reassure financial markets and investors about the government's commitment to fiscal responsibility. The article, published by The Business Times on July 23, 2026, highlights Healey's efforts to build confidence in the UK's economic management.
Source report
LONDON — Chancellor of the Exchequer John Healey has pledged to maintain disciplined control of Britain's public finances, emphasizing fiscal credibility as the foundation of economic stability.
Speaking to a gathering of executives in London, Healey stated: "Fiscal credibility is the bedrock of stability."
The chancellor's remarks come as part of a broader effort to reassure financial markets and the City of London of the government's commitment to sound fiscal management.
Photo credit: REUTERS
Source
The Business TimesWestern
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UK Chancellor Healey pledges fiscal buffer in pitch to the City