British Chancellor of the Exchequer John Healy said that he will continue his previous efforts to restore Britain's credibility in the international bond market, and explained his vision for boosting economic growth in his first important speech since taking office. Healy said at a manufacturing center in the central English city of Coventry on Monday that fiscal discipline “is the foundation for the current administration to deliver on every promise.” “The Prime Minister and I are in complete agreement on the commitment to abide by fiscal rules in the upcoming budget,” he said, adding that the two sides also agreed to “balance the balance of payments and leave buffer space to deal with uncertainty; control borrowing to contain inflation; and reduce the long-term pressure on public finances.”

British Chancellor of the Exchequer John Healy said that he will continue his previous efforts to restore Britain's credibility in the international bond market, and explained his vision for boosting economic growth in his first important speech since taking office. Healy said at a manufacturing center in the central English city of Coventry on Monday that fiscal discipline “is the foundation for the current administration to deliver on every promise.” “The Prime Minister and I are in complete agreement on the commitment to abide by fiscal rules in the upcoming budget,” he said, adding that the two sides also agreed to “balance the balance of payments and leave buffer space to deal with uncertainty; control borrowing to contain inflation; and reduce the long-term pressure on public finances.”