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Sunak Is Considering Delay To Fiscal Statement: The Times

UK

UK Prime Minister Rishi Sunak "is considering a delay to next week’s planned statement setting out how the government will close a £40 billion black hole in the country’s finances," the Times reports.

  • "The prime minister is expected to meet Jeremy Hunt, the chancellor, today to discuss his proposals to increase taxes and squeeze public spending that are due to be unveiled to MPs and markets on Monday, which is Halloween."
  • "But amid concerns that the plans will define his premiership, Sunak is considering postponing the update until next month to allow more time to scrutinise the options."

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