Kwasi Kwarteng said his plan to bring the public finances under control would be announced on November 23, despite widespread speculation it would be brought forward. The Chancellor used his speech yesterday to say the medium-term fiscal plan would be published “shortly” with aides doing little to dampen speculation that meant in October.
But Mr Kwarteng told GB News that “shortly is the 23rd (of November)” and suggested people had been “reading the runes” incorrectly. “It’s going to be November 23.”
A report in the Financial Times said the statement - and the Office for Budget Responsibility’s judgement on the impact of his measures - would instead take place in October, ahead of the November 3 meeting of the Bank of England’s rate-setting commitee.
