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Story summary
- Chancellor John Healey will deliver his first budget on Monday, emphasizing devolution and public investment.
- Healey says a global bond sell-off erased about half of the £24 bn fiscal breathing-space.
- UK Prime Minister Andy Burnham pushes an £80 bn growth plan modeled on Manchester’s devolution.
- Labour MPs warn Burnham’s growth promises may clash with fiscal responsibility and cost-of-living relief.
