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The Guardian - UK
The Guardian - UK
Business
Larry Elliott

Sunak should delay Halloween fiscal plan – the government needs time to think

Rishi Sunak delivers the first speech as PM in front of No 10.
Rishi Sunak gives the first speech as PM in front of No 10. Photograph: Jeff J Mitchell/Getty Images

One of the first things on Rishi Sunak’s to-do list is the matter of whether next week’s fiscal plan should go ahead. This is one of the easier decisions the new prime minister has to take. The fiscal event should certainly be delayed.

To be sure, there are arguments in favour of going ahead with the package of tax and spending announcements as planned on 31 October. The problem is that none of them are especially good ones.

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