Free Trial

CX-Priorities: Stability, Growth, Public Services; No Change To BoE Remit

UK

Chancellor of the Exchequer Jeremy Hunt delivering autumn statement: Our priorities are stability, growth, and public services."

  • "...we take difficult decisions to tackle inflation and keep mortgage rises down. But our plan also leads to a shallower downturn; lower energy bills; higher long-term growth; and a stronger NHS and education system."
  • "Three priorities then today: stability, growth and public services."
  • " The Office for Budget Responsibility confirms global factors are the primary cause of current inflation."
  • "So the Bank of England, which has done an outstanding job since its independence, now has my wholehearted support in its mission to defeat inflation and I today confirm we will not change its remit. But we need fiscal and monetary policy to work together – and that means the government and the Bank working in lockstep. It means, in particular, giving the world confidence in our ability to pay our debts"

To read the full story

Close

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.