Politics · 7 September 2026
John Healey argues paying huge debt interest is not a progressive policy
Chris McAndrew via Wikimedia Commons (CC-BY-3.0)
Treasury minister John Healey warned that spending one pound in every ten on debt interest is far too high. He said that if debt interest were a government department it would rank second behind health across Whitehall. Ministers remain fully committed to strict fiscal rules and managing public spending at the upcoming budget.
Reported by The Guardian · How we write briefs