Wall Street drops after jump in US producer inflation; John Healey says UK banks are part of ‘jewel in the crown’ – business live

John Healey has spoken to UK journalists at the IMF annual meeting in Bangkok, and said banks are a part of the “jewel” in the UK’s economic crownJohn Healey vows to give ‘breathing space’ to consumers and businesses in first budgetToday’s better-than-forecast UK growth report is good news for chancellor John Healey as he hobnobs with other finance ministers at the IMF meeting in Bangkok.But it may encourage the Bank of England to raise interest rates as soon as its next meeting in November….“Wh