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Evening Standard
Evening Standard
World
David Bond and Rachael Burford

Liz Truss and Kwasi Kwarteng promise to work ‘closely’ with OBR after meeting amid market turmoil

Kwasi Kwarteng Liz Truss OBR Ian Blackford Mel Stride Richard Hughes Economy United Kingdom

Liz Truss and Kwasi Kwarteng held crisis talks with independent fiscal watchdog the Office for Budget responsibility on Friday morning, amid a warning from a senior Conservative MP that they will have to “rethink” last week’s mini budget.

In a highly unusual move the Prime Minister joined the Chancellor for an emergency meeting with OBR boss Richard Hughes after the Government’s £45billion tax cutting plans sparked mayhem in financial markets.

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