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The Zhitong Finance App learned that on Monday, British Chancellor of the Exchequer John Healy delivered his first important speech since taking office, promising to continue the previous fiscal restraint line, make economic growth a top priority, and emphasized that fiscal rules will be strictly followed in the October 28 budget. However, the speech did not provide a clear direction for the pound: the pound rose slightly against the US dollar and remained basically the same against the euro, but fell sharply against the yen to its lowest level since February. Investors are gradually turning their attention to next month's budget to see how Healy balances Prime Minister Andy Burnham's expansionary ambitions with fiscal discipline.

Zhitongcaijing·09/07/2026 13:33:04
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The Zhitong Finance App learned that on Monday, British Chancellor of the Exchequer John Healy delivered his first important speech since taking office, promising to continue the previous fiscal restraint line, make economic growth a top priority, and emphasized that fiscal rules will be strictly followed in the October 28 budget. However, the speech did not provide a clear direction for the pound: the pound rose slightly against the US dollar and remained basically the same against the euro, but fell sharply against the yen to its lowest level since February. Investors are gradually turning their attention to next month's budget to see how Healy balances Prime Minister Andy Burnham's expansionary ambitions with fiscal discipline.