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Chancellor accepts Labour has put a ‘lot of pressure’ on business and says helping entrepreneurs will be a budget priority – UK politics live

John Healey is expected to cut red tape requirements, particularly for smaller businesses Kalyeena Makortoff is the Guardian’s banking correspondent. CS Venkatakrishnan, CEO at Barclays, seems to have admitted defeat over bank tax hikes, which are expected to be a headline measure in Healey’s budget next week. I recognise that the chancellor and the government has been entrusted with an important duty by the public and the people. And they have to balance a host of considerations. He [Healey] is…

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