The chancellor is out of the country just as the pound sinks and borrowing costs soar – but history tells us this is no time to ditch ‘Rachel from Accounts’, says Sean O’Grady ...

My, how the Labour Party misses Dennis Healey, the originator of that wise old saying, “When you’re in a hole, stop digging.” ...

Labour chancellor Denis Healey was forced to go to the IMF for an emergency loan when the UK found itself facing a full-blown sterling crisis - Roger Taylor The pound under severe pressure ...

Denis Healey, then chancellor, was sitting in the departure lounge at Heathrow Airport, gin and tonic in hand, awaiting a flight to Washington when the call came through from the Treasury that the UK ...

Such was the advice of the old Labour heavyweight Denis Healey, given after many years spent in top government jobs. Perhaps our rookie Prime Minister Keir Starmer is going to have to learn it the ...