UK Shadow Chancellor Pressures Healey to Rule Out Tax Rises Ahead of Budget

New UK shadow chancellor Andrew Griffith is using his first major speech to demand Chancellor John Healey rule out tax increases in the upcoming budget, framing the Labour administration as 'tax and spend socialist'. The Bank of England's rate decision later today adds to fiscal-monetary policy tension. This is standard opposition positioning, but signals the budget's tax trajectory is a key political battleground.