New Chancellor Jeremy Hunt to make announcement on mini-budget TODAY
JEREMY Hunt will make a mini-budget statement TODAY and is set to dump even more of Liz Truss' doomed £45billion tax-cutting plan.will fast-track parts of the Medium Term Fiscal Plan by two weeks in an urgent bid to reassure nervous markets.Credit: ReutersHe will make a statement at 11am this morning before addressing MPs in the House of Commons at around 3.30pm.
The early update is the latest government effort to calm jittery markets after borrowing costs continued to increase on Friday, despite a u-turn on corporation tax.is expected to unpick more of the PM's ill-fated mini-Budget that splurged £45billion of unfunded tax cuts.
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