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Healey's Fiscal Test

The Chancellor's Dilemma: Can Healey Balance Labour's Books? John Healey's appointment as chancellor has sparked mixed reactions within Labour ranks.

Some see him as a safe pair of hands, capable of uniting a fractious party while keeping the markets at bay.

Others view him with suspicion, worried that his commitment to re industrialisation and devolution will lead to increased spending. Healey's reputation as a fiscal hawk is not entirely undeserved.

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