Free Trial

Treasury Committee Chair To CX: 'Win Votes On Growth Plan Or Rattle Markets'


Answering Treasury questions in the Commons, Chancellor of the Exchequer Kwasi Kwarteng states that "I'm very careful not to make unfunded spending commitments on the floor of the House."

  • Aubrey Allegretti at The Guardian: "Warning from Tory MP Mel Stride [and chair of Treasury Select Committee], who says the chancellor must get full support for medium-term growth plan, and any failure to win votes in parliament will "unsettle markets". Kwarteng promises he "will canvass opinion widely ahead of the publication of the plan"
  • Jennifer-Anne Scott at Sky News: "Lib Dem Jamie Stone asking Kwarteng if he will raise benefits in line with inflation, saying it is the "only fair way forward" and it would be "immoral to do otherwise". But the chancellor says he won't "prejudge any measures" in his upcoming economic plan."

To read the full story



MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.