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Wales Online
Wales Online
Politics
Cathy Owen

Chancellor Jeremy Hunt to announce fiscal plan today, two weeks early

Jeremy Hunt

The Chancellor will make a statement later on Monday, bringing forward measures from the Medium-Term Fiscal Plan that will support fiscal sustainability. It was announced at 6am that the plan, which had due to be delivered in Monday, October 31, was being brought forward by two weeks.

It was also announced that Jeremy Hunt will also make a statement in the House of Commons this afternoon. The statement on a medium-term fiscal plan is expected at 11am, while the House of Commons address will follow at 3.30pm

A statement from the Treasury said: "This follows the Prime Minister's statement on Friday, and further conversations between the Prime Minister and the Chancellor over the weekend, to ensure sustainable public finances underpin economic growth.

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