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Free AccessChancellor Talks Up Institutions & 'Strong Fiscal Anchor'
Chancellor Kwasi Kwarteng delivering speech at Conservative party conference. Talking up institutions such as BoE and talking of fiscal anchors an attempt to bolster economic credentials after selloff in recent days.
- "I know the plan we put forward 10 days ago caused a little turbulence. I get it”
- 'We will shortly publish our medium term fiscal plan'
- Promises a "strong institutional framework...independent Bank of England and Office for Budget Responsibility...strong fiscal anchor with debt falling as proportion of GDP over the medium term".
- 'There is no path to higher growth without fiscal responsibility'
- 'To grow the economy we really do need to do things differently'
- 'I have asked OBR to publish a full economic forecast alongside our plan'
- “I am unashamedly a pro-business Conservative.”
To read the full story
Sign up now for free trial access to this content.
Please enter your details below.
Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.