Chancellor in 'straitjacket' with low-key Budget anticipated

"The reality is that breathing space has been restricted, and if Healey wants to avoid being buried alive by his own policies, the job will require something more akin to fiscal pruning than any axe-wielding on either side of the ledger," said Connor Godsell, investment manager on Liontrust's fixed income team. Joining a growing list of analysts expecting a low-key affair, Godsell said if Healey can make it through the week without riling the bond market "will likely be considered a success by all sides". Healey's maiden Budget – the first of prime minister Andy Burnham's administrati...