Treasury Committee told low impact Budget 'perceived pretty well' in financial markets

Chancellor John Healey's first fiscal event was largely in line with expectations created by media briefings in the run-up, and achieved the reported goal of not rocking the boat economically, or pushing gilt yields any higher. In the first committee session since the Budget, MPs heard from Sanjay Raja, UK chief economist at Deutsche Bank; Helen Miller, director at the Institute for Fiscal Studies; Professor Tony Travers, interim dean at the LSE School of Public Policy; and Ruth Curtice, CEO of the Resolution Foundation. Chair Meg Hillier asked the invited speakers to offer their asse...