Kwasi Kwarteng will be hoping his medium term tax plans won’t spook the markets on the last day of October (Joe Giddens/PA)
(Picture: PA Wire)After giving the markets a scare with its so-called “mini-Budget”, the government has chosen October 31 as the publication date for its next set of tax and spending plans and economic forecasts from the Office of Budget Responsibility.
Chancellor Kwasi Kwarteng will outline his medium-term fiscal strategy on Halloween. There will also be an OBR forecast alongisde the plans. His previous set of measures lacked oversight from the independent tax and spending watchdog, one of the main reasons behind the dizzying sell-off in UK assets that followed the September 23 announcements.
