Chancellor Kwasi Kwarteng will set out a medium-term fiscal plan in November, the Treasury has confirmed.
The Treasury said it will set include further details on the Government’s fiscal rules, including ensuring that debt falls as a share of GDP in the medium term.
At the same time the Office for Budget Responsibility will publish its updated forecast for the current calendar year.
The Treasury also confirmed that there will be a Budget in the spring, with a further OBR forecast.
This is a breaking news story, more to follow soon… Check back shortly for further updates.
Got a story? Get in touch with our news team by emailing us at [email protected] Or you can submit your videos and pictures here.
For more stories like this, check our news page.
Follow Metro.co.uk on Twitter and Facebook for the latest news updates. You can now also get Metro.co.uk articles sent straight to your device. Sign up for our daily push alerts here.
Source: Read Full Article