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The Guardian - UK
The Guardian - UK
Politics
Aubrey Allegretti Political correspondent

Halloween fiscal statement could be delayed, says minister

James Cleverly leaving 10 Downing Street
James Cleverly leaving 10 Downing Street on Tuesday. Photograph: Kin Cheung/AP

Rishi Sunak may delay a fiscal announcement that is pencilled in for Halloween and will be designed to stop the markets going into another spiral, a senior minister has admitted.

Given that the new government has only just got up and running, James Cleverly, the foreign secretary, said it may no longer be possible to stick to that date for the statement, when major spending cuts and grim forecasts about the future of the economy are expected to be laid out.

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