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PM Spox-No Date On Fiscal Event, Hope To Hold It This Month

UK

Wires reporting comments from PM Liz Truss' spox:

  • Spox: 'No update on timing of fiscal event, still aim to hold it this month'.
  • Spox says 'gov't would not expect to confirm date of fiscal event during period of mourning'. [Ends after Queen Elizabeth II's funeral on 19 Sep]
  • There are relatively few days in which to hold the fiscal event, where gov't will give more details on the 'energy price guarantee' announced last week. Parliament set to rise for conference season recess on 22 Sep, and previously stated that it will not sit before 21 Sep.
  • Makes Thursday 22 Sep the most likely day, but there is the potential for the Commons to be recalled from recess to allow the fiscal event statement to take place. If it is not a full budget it would not require several days of parliamentary debate afterwards.
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