Chancellor John Healey to unveil growth plan with £150m fund for northern firms

Chancellor John Healey is set to announce a £150m fund to support companies in northern England, aimed at boosting economic growth. The fund, from the British Business Bank, will provide investments between £5m and £15m for innovative firms. Healey plans to use public investment to attract private capital and create new jobs in these areas. However, critics argue that the plan does little to address concerns of families and businesses regarding rising borrowing costs.