Politics

Chancellor John Healey mocks Liz Truss’ new book in budget speech

Chancellor John Healey took aim at former prime minister Liz Truss as he delivered the Autumn Budget.

During his budget speech, Healey pointed to how the International Monetary Fund had this month said the UK “stands out” among G7 countries in having a plan to narrow its deficit.

Healey told the house that the last time the economy was described like this by the IMF was after Liz Truss’ catastrophic mini-budget.

The chancellor then took aim at the UK’s shortest serving prime minister for her ridiculous new book, Bank Job.

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Referencing claims from Truss in the book that Britain would be sending space missions to Mars by 2040 if she was still prime minister, Healey said: “Her new book says she could have taken the British people to Mars.

“But in reality what she achieved in government, with help from the shadow chancellor, was blowing a big black hole in the budget.”

He added: “That is the difference between Labour in government and a Conservative government before it.”

Charlie Herbert

Charlie is content editor and writer at the London Economic. With a keen interest in politics, he has worked on both the 2019 and 2024 general elections, and joined TLE full time in January 2025. Since then, it's safe to say there's been plenty to keep him busy on both sides of the Atlantic.

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