Chancellor Says UK Economy Is Improving, Despite Debt Worries

UK Chancellor John Healey will give a speech ahead of his first Budget. He plans to say the economy is “turning a corner,” which suggests the situation is improving after a difficult period. However, he will also address concerns about national debt. Many people are worried that high debt could limit future choices for the government. In his Budget plans, Healey wants economic growth to be shared more widely across the UK. That means support should reach more regions, not just areas that already do well. He will likely focus on policies that encourage investment, create jobs, and help more communities benefit from rising activity. The speech sets the tone for what the government may propose next.