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The Guardian - UK
The Guardian - UK
Politics
Pippa Crerar, Peter Walker and Phillip Inman

Liz Truss to hold emergency talks with OBR after failing to calm markets

Liz Truss
Liz Truss walks out of No 10 on her way to the House of Commons for the mini-budget on 23 September. Photograph: Daniel Leal/AFP/Getty

Liz Truss will hold emergency talks with the head of Britain’s independent fiscal watchdog after failing to dampen panic in the financial markets or shore up support from Tory MPs on her radical economic plan.

In a highly unusual move, the prime minister will meet the Office for Budget Responsibility’s (OBR) Richard Hughes on Friday, along with her chancellor, Kwasi Kwarteng, before being presented with a first draft of its full fiscal forecasts next week.

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