UK tax and spending plan pushed back by two weeks, says Hunt

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UK tax and spending plan pushed back by two weeks, says Hunt
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The economic plan was due next Monday, but will now take place on 17 November as a full autumn statement.

After his appointment by Liz Truss, he abandoned almost all of the tax cuts in the mini-budget announced by predecessor Kwasi Kwarteng.

Speaking at his first Prime Minister's Questions, he declined an opportunity to commit outright to raising working-age benefits in line with inflation, but he pointed to his record over the pandemic and pledged to "protect the most vulnerable".Labour leader Sir Keir Starmer said the Conservatives had "crashed the economy and now somebody has to pay for their mess".

I've said it before, and here's another moment where I can say it again: diaries have gone out of fashion at Westminster.The statement scheduled for next Monday will now happen on Thursday 17 November, alongside a full forecast from the Office for Budget Responsibility. The statement was originally scheduled for 23 November by Mr Kwarteng, after the mini-budget pushed up UK government borrowing costs.

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