Chancellor sets out measures to support jobs and growth in conference speech but vows fiscal discipline in budget

• Analysis: Healey offers upbeat vision but little light on how to pay for it

• Average price of diesel on UK forecourts reaches all-time high

John Healey has signalled Labour will stage a fresh attempt at welfare reform as he pledged to put fiscal discipline at the core of next month’s budget, alongside measures to inject hope into Britain’s economy.

In his first speech as chancellor to the Labour conference, Healey warned that next month’s highly anticipated tax-and-spending event would need to take into account a challenging global backdrop.