More U-turns on the Government’s disastrous ‘mini Budget’ are expected today after new Chancellor Jeremy Hunt said he would make a statement today.
Mr Hunt, who was appointed on Friday after predecessor Kwasi Kwarteng was sacked by Prime Minister Liz Truss, will bring forward measures from the medium-term fiscal plan that will support fiscal sustainability, the Treasury has said.
The Treasury said the Chancellor was fast-tracking the plans - which will be released in full on October 31 - following conversations with the Prime Minister over the weekend. It said Mr Hunt had also met with the Governor of the Bank of England and the Head of the Debt Management Office on Sunday night to brief them on the plans.
