Healeys Budget needs to sustain the stronger economy through gathering clouds
News Source : BBC News
News Summary
- Chancellor John Healey has embraced strict security procedures to keep this year's budget secret.
- The bond market's reverse beauty contest, in which investors single out the countries they distrust most, has moved on from Britain.
- The question for Healey is whether he can deliver a Budget that can sustain the revival in growth and offer the help with the cost of living that his backbenchers demand.
- Credibility with investors requires not just that Budget maths add up on Wednesday, but also belief that growth plans are realistic.
Back in Healeys time under Gordon Brown, there was no OBR.
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