News Summary

• UK finance minister Healey seeks to set out brighter vision before tough budget.
• Healey announced plans on Monday to give city regions greater ‌powers to attract private investment.
• Much of what Healey said about his focus on growth, reducing regulation and lowering the cost of living was a continuation of the policy of his predecessor Rachel Reeves.
• But the challenge facing Healey was laid bare by an announcement while he spoke that Britain's biggest car maker, Jaguar Land Rover, planned to cut 4,000 jobs worldwide over the next two years.