An 'emergency Budget' could be held as early as next week as Liz Truss's new Government grapples with the cost of living crisis.
The new PM had promised a "fiscal event" to give more details on her proposals to tackle soaring energy bills affecting households, businesses and public services. Businesses in particular are waiting for more details on how the proposals could affect them.
No date had been set for the event, which would in effect be an emergency Budget delivered by new Chancellor Kwasi Kwarteng. But today the Prime Minister’s official spokesman told reporters: “We are still planning to deliver a fiscal event this month.”
