Kwasi Kwarteng refuses to let OBR release forecasts with mini-budget

Tory chair of Treasury committee says assessments on economic impact of planned tax cuts vital to provide reassurance to markets

Kwasi Kwarteng has refused to let a government watchdog assess the economic impact of planned tax cuts expected in a mini-budget on Friday.

Mel Stride, the Tory chair of the Treasury select committee, urged Kwarteng to allow independent forecasts for the public finances to be published alongside his mini-budget on Friday. Stride released a strongly worded statement urging more clarity around the effects of the new chancellor's fiscal interventions.