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 the man in the arena, and I deeply respect the responsibility he bears on his shoulders and wish him well. His long term goal is the same as our long term goal, which is to get growth. So what is the chancellor now concentrating on? One could be forgiven for thinking him utterly unreconstructed: a party man and proud of it. There is no such thing as Healeyism, he says when the conversation turns