Being ‘true to Labour’s values’ means controlling spending, says Healey – UK politics live

Chancellor says there’s ‘nothing progressive’ about government spending £1 in every ten on debt interestChancellor to argue UK economy can ‘turn corner’ despite bond market turmoilHealey stresses the government’s commitment to fiscal discipline.On my first day in the Treasury, I said that fiscal discipline was my first priority of chancellor. It underwrites every promise this government makes.And the prime minister and I are in lockstep in our commitment to meeting the fiscal rules at the upcoming budget, to balancing the books with a buffer to protect against uncertainty, to controlling borrowing to bear down on inflation, and reducing long term