Chancellor scrambles to ease business nerves over Budget saying he wants to cut ‘costs’ and reward ‘profit’… as firms warn Labour’s first two years have been ‘horrific’

John Healey attempted to ease business nerves over the Budget today insisting he wants to cut their costs and reward ‘profit’. 

The Chancellor went out of his way to deliver a pro-enterprise message in an interview, with less than a week to go until the crucial fiscal package.

But one high street boss said retailers would be ‘choking on our cornflakes’ at the remarks, describing Labour’s first two years in power as ‘horrific’ and ‘pretty brutal’.  

Fears have been running high over how Mr Healey will attempt to balance the books amid the fallout from the Middle East crisis. Banks are thought to be

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