So Kwasi no more and its Hunt that we trust in but for how long? The latest out of the weekend papers is that Hunt is also going to delay the plans to reduce the rate of basic income tax by a year in yet another u-turn, but I guess as he wasn’t involved initially, it doesn’t stick in the throat as bad as the previous regime. He is scheduled to make a statement later today “bringing forward measures from medium-term fiscal plan that will support fiscal sustainability”. He will continue to deliver the full plan with the OBR forecasts on 31 Oct. In addition, he met with the BoE Governor Bailey and the Debt Management Office last night to discuss his statement.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.