Chancellor Brings Forward Fiscal Plan

Malcolm Hudson
By Malcolm Hudson
October 10, 2022NTD UK News

Chancellor Kwasi Kwarteng is bringing forward his medium-term fiscal plan in an attempt to soften the expected rise in interest rates. It will now be published at the end of October—much earlier than planned.

The Bank of England unveiled further measures for an end to its emergency “gilt” or bond-buying program, which was launched to stabilise the market following turmoil after the government’s mini-budget.

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