Chancellor confident budget will lead to growth despite OBR not finding evidence to prove it – UK politics live

John Healey expressed confidence in the budget's potential for growth despite the Office for Budget Responsibility's (OBR) findings. He acknowledged the OBR's lack of identified growth measures but emphasized the importance of business confidence and upcoming initiatives in enterprise, devolution, energy, and AI. David Cameron, in a separate interview, dismissed Brexit as the cause of the UK's economic issues, attributing them instead to overspending and overregulation. Healey also discussed plans for preventative spending in areas like homelessness and violence against women, while Treasury officials linked higher UK borrowing costs to the aftermath of Liz Truss's mini-budget. Additionally, Healey confirmed government support for a third runway at Heathrow, countering recent equivocation from other officials.

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