Article 64T3D Jeremy Hunt to make snap statement on medium-term fiscal plan

Jeremy Hunt to make snap statement on medium-term fiscal plan

by
Peter Walker and Warren Murray
from on (#64T3D)

UK chancellor brings forward major announcement of mini-budget repair measures as Liz Truss fights for survival

Jeremy Hunt is to make an emergency statement to the Commons on Monday in an attempt to stabilise financial markets, as Liz Truss battled to preserve her authority amid speculation she could be deposed as UK prime minister within days.

Hunt, who has ripped up much of Truss's economic programme since being appointed as chancellor in place of the sacked Kwasi Kwarteng, is expected to initially set out changes to last-month's mini-budget this morning, via a Treasury statement and TV clip.

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