Chancellor is STILL floundering on when Labour will cut benefits spending – as Burnham’s ex-adviser warns Budget did nothing to reassure markets that books will be balanced

John Healey cast more confusion on Labour‘s welfare policy today amid warnings that the UK is still in the crosshairs of debt markets.

The Chancellor refused to give any timetable for bringing down benefits spending as he had yet another go at clarifying his intentions.

The chaos began on Thursday when Mr Healey appeared to vow in a post-Budget BBC interview that costs would be cut before the next general election.

That sparked frantic backpedalling by Treasury aides, before Downing Street and Andy Burnham stepped in to insist there is no deadline and ‘brutal cuts’ are not on the table. 

By Friday evening Mr

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