John Healey, chancellor of the UK, speaking to a woman at the IMF annual meeting in Bangkok, Thailand, earlier this month. He is wearing a black suit with a white shirt and red tie.Image source, Getty Images
ByFaisal IslamEconomics editor
  • Published21 October 2026, 11:03 BST
Updated 15 minutes ago

The Chancellor was on a early flight to North East Scotland on Wednesday to announce new North Sea energy approvals as the last set of major economic figures dropped.

From a mile high, as well as close up, the figures for inflation and for the public finances set out his Budget balancing act in clear terms.

The National Debt has topped £3 trillion for the first time in the official figures.