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Sky News-Discussions Underway In No.10 Over Junking Parts Of Mini-Budget

UK

Dep Pol Ed at Sky News Sam Coates: "Downing Street denying any changes to mini budget but I'm told by sources discussions underway over which bits might yet be junked give the scale of the concern. Looking at a return to the mandate from the leadership contest. No clarity on timing of announcement if it happens. This follows The Times reporting this morning officials say she should rip up tax plans. Corporation tax? Dividend tax? IR35? Who knows what's being examined. Chancellor in the US - but signs that No10 is asserting itself on economic policy".

  • As Coates notes, there seemingly is a widening gap between No.10 and No.11 Downing Street. Kwarteng not helped by being in Washington, D.C. for G20 and IMF/World Bank meetings.

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