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MNI POLITICAL RISK ANALYSIS - Week Ahead 29 Jul - 4 Aug

Reposted with PDF attached

(MNI) London – All timings subject to change.

Monday 29 July:

  • United Kingdom: Chancellor of the Exchequer Rachel Reeves is set to deliver a ministerial statement in the House of Commons ~1530BST (1030ET, 1630ET). Reeves is set to report back on the state of the public finances as well as confirm the date of the Budget (our Markets Team pencils in 30 October) and make an announcement on public sector pay (following the independent pay review body recommending doctors, nurses and teachers receive a higher-than-budgeted for 5.5% increase). Media reports have reported a shortfall of GBP19bln and across the spectrum (from the left-leaning Guardian to the right-leaning Telegraph) are noting that Reeves is likely to raise taxes in the autumn.
Full article PDF attached below:

MNIPOLITICALRISK-WeekAhead29 Jul-4 Aug.pdf

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