John Healey has said Britain’s economy is finally “turning a corner” as he set out his mission to “make Great Britain growth Britain” again.In his first major speech as chancellor, Healey sought to reassure the markets by pledging to stick to Labour’s tax and spend fiscal rules, while trying to present a more optimistic view of Britain’s economic prospects. But only days ago a global bond sell-off saw UK yields hit their highest level since the 2008 financial crash, further increasing the cost of borrowing for the UK government.
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