John Healey

The UK economy grew by 0.4% in July, faster than analysts’ expectations, and offering some relief to battered markets. Some economists had predicted no growth and the latest figure builds on growth of 0.3% in June and zero growth in May.

The Association of Investment Companies (AIC) has called on Chancellor John Healey to remove stamp duty by the end of this parliamentary term to unlock growth. Investors must pay 0.5% stamp duty tax to the UK Government when buying UK shares or other chargeable securities, which the AIC warns is mak

Chancellor John Healey has claimed growth is at the "heart of fiscal challenges" facing the UK, as he refused to rule out tax rises ahead of his maiden Budget next month. The Chancellor ignored questions about whether households and businesses were set to face another set of tax rises in October, fo

Chancellor John Healey is facing "sleepless nights" over a growing "inflation monster" due to surging oil prices, rising interest rate expectations and spikes in government gilt yields threatening markets on both sides of the Atlantic ahead of his inaugural Budget. High borrowing costs are expected

A Budget tax raid on British banks would hand a competitive gift straight to rival global financial centres, according to the chief executive of one of the world’s largest independent financial advisory organisations. Nigel Green of deVere Group urged Chancellor John Healey to dismiss union le

Investors and analysts have warned Chancellor John Healey not to give up on the government's efforts to reduce the UK's fiscal deficit in his first Budget, following a spike in government bond yields in recent weeks. Mr Healey is preparing to unveil his first Budget on October 28 at a time when inve

Former NatWest chairman and financial regulator Sir Howard Davies has launched a scathing attack on the UK's banking framework, claiming that post financial crisis ring-fencing was a "completely useless regulatory intervention" that has "emasculated UK investment banking." Speaking as ministers weig

JPMorgan Chase chief executive Jamie Dimon has warned Chancellor of the Exchequer John Healey against creating a more hostile tax environment for banks. The Wall Street executive urged the UK Government to re-consider its plans to increase taxes on banks ahead of a major pre-Budget lobbying campaign