Free Trial
BOJ

Fixed Rate Operation Offer

AUSSIE BONDS

AOFM Weekly Issuance Slate

AUD

A$ Gives Back Some Of Yesterday's Gains

AUSSIE BONDS

Off Best Levels

Real-time Actionable Insight

Get the latest on Central Bank Policy and FX & FI Markets to help inform both your strategic and tactical decision-making.

Free Access

Key Mini-Budget Crunch Votes Could Not Take Place Until March Next Year

UK
  • On voting timing for the UK's mini-budget, votes for large parts of the budget now may not take place until March 2023, according to the Telegraph. These parts include scrapping the corp tax rise as well as cutting the basic income tax rate earlier.
  • Scrapping rise in national insurance will go ahead on Tuesday next week, while stamp duty cut will be voted on at some point this autumn.
  • Source here: https://www.telegraph.co.uk/politics/2022/10/04/re...
71 words

To read the full story

Why Subscribe to

MarketNews.com

MNI is the leading provider

of news and intelligence specifically for the Global Foreign Exchange and Fixed Income Markets, providing timely, relevant, and critical insight for market professionals and those who want to make informed investment decisions. We offer not simply news, but news analysis, linking breaking news to the effects on capital markets. Our exclusive information and intelligence moves markets.

Our credibility

for delivering mission-critical information has been built over three decades. The quality and experience of MNI's team of analysts and reporters across America, Asia and Europe truly sets us apart. Our Markets team includes former fixed-income specialists, currency traders, economists and strategists, who are able to combine expertise on macro economics, financial markets, and political risk to give a comprehensive and holistic insight on global markets.
  • On voting timing for the UK's mini-budget, votes for large parts of the budget now may not take place until March 2023, according to the Telegraph. These parts include scrapping the corp tax rise as well as cutting the basic income tax rate earlier.
  • Scrapping rise in national insurance will go ahead on Tuesday next week, while stamp duty cut will be voted on at some point this autumn.
  • Source here: https://www.telegraph.co.uk/politics/2022/10/04/re...