Healey's first speech as Chancellor parroted the usual Labour lines: the woes of austerity, the joys of the state and, of course, the villainy of Liz Truss.

Chancellor John Healey has given his first major speech since taking on the role – here’s what he said

Healey's first speech as Chancellor parroted the usual Labour lines: the woes of austerity, the joys of the state and, of course, the villainy of Liz Truss.