Exclusive: in unusual move PM will meet fiscal watchdog with Kwasi Kwarteng after mini-budget sparks investor panic

Liz Truss will hold emergency talks with the head of Britain’s independent fiscal watchdog after failing to dampen panic in the financial markets or shore up support from Tory MPs on her radical economic plan.

In a highly unusual move, the prime minister will meet the Office of Budget Responsibility’s (OBR) Richard Hughes on Friday, along with her chancellor, Kwasi Kwarteng, before being presented with a first draft of its full fiscal forecasts next week.

Continue reading…

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Supreme court declines to halt first US nitrogen-gas execution in Alabama case

Court rejects bid to halt Alabama from proceeding with execution using nitrogen…

France underestimated impact of nuclear tests in French Polynesia

Groundbreaking new analysis could allow more than 100,000 people to claim compensation…

Forty days, 117 buses, 1,650 miles: man completes charity trip round England

Stephen Chitty, 70, from Watford raised about £2,000 for Mercy Ships on…

US conducted ‘multi-decade’ secret UFO program, ex-intelligence official says

Whistleblower David Grusch claims ‘non-human’ beings found as issue of alien life…