When I was appointed Shadow Chancellor, it was pointed out - somewhat to my horror - that I may have more business experience than all of Andy Burnham's Cabinet put together.

When I was appointed Shadow Chancellor, it was pointed out - somewhat to my horror - that I may have more business experience than all of Andy Burnham's Cabinet put together.

John Healey tried his best to be upbeat when he made his first major speech as Chancellor of the Exchequer yesterday.