Helen Miller

speaker
436 appearances 4 recordings 1 series first heard Apr 2026 last heard 3 Sep

Helen Miller’s voice in public audio — every appearance, attributed to the second.

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recordings per month · last 12 months
1 · Sep OctJan 26AprJulnow

Recordings per month over the last 12 months — 4 in all, peaking in Sep 2026 with 1.

Appearances

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The minute you give the NHS any kind of increase, because the NHS is so big, you have big cuts to other departments.
So that is what we're playing with here.
If John Healey wants to carry through with that 3%, he's either going to have to put forward some really big substantial cuts to departments, like really stopping the government doing some things, or come back with some big tax rises.
I think the short answer is not very many.
So we have two fiscal rules.
One is to balance the current budget.
That's to be making sure we spend all our tax covers our day to day spending.
And you borrow to invest.
So I think there's not very much wiggle room in that at all.
I mean, the government is already borrowing a lot and it has plans to get that borrowing down quite quickly.
Now, it could do what governments have become accustomed to doing and always promise to do it in three years time, but never get there.
So maybe you'd describe that as a flexibility.
I mean, that's not in the spirit of the rule, I don't think, but maybe they could do that.
Basically keep promising to do it in three years' time but never getting there.
Yes.
That's going to cost us some credibility in the markets.
On the investment side, basically the rule that binds is that we need – the rule says let's have debt falling –
At the moment, debt is just about stabilising.
If you look, if you really squint at a picture, you can see it just touching down.
There's a little bit of room against that.
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