Wednesday, 05 August 2026 · World
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EUROS The World Financial Report
Nº 25 Wednesday, 05 August 2026 · World Edition
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Emerging Markets

What the New UK Chancellor Means for the UK Economy

MercoPress · 1h ago · 🇬🇧 United Kingdom
What the New UK Chancellor Means for the UK Economy

By MOHAMED A. EL-ERIAN (*) By appointing John Healey as chancellor of the exchequer, British Prime Minister Andy Burnham has taken a calculated risk. If Healey can leverage his insider knowledge of the Treasury, pursue a bold, pro-growth agenda, and manage his defense-spending instincts, he may be able to provide the structural shake-up the UK economy needs.

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