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Truss: No Plans To Change Measures Set Out In Mini Budget

UK

Comments from office of UK PM Liz Truss hitting wires following a morning of speculation about an emergency BOE meeting and lack of enthusiasm within Tory party for the regime of tax cut unveiled by Chancellor Kwasi Kwateng on Friday.

  • Truss spox says: There is no plan to change measures set out in mini budget.
  • Selected comments from Truss spox per Reuters:
    • "Finance minister speaks regularly to governor of BOE, do not know when their next conversation will be."
    • "Important the BOE remains independent, we don't comment on interest rates."
    • "Finance Minister has made clear we don't comment of market movements."
    • "Have seen positive reaction from business groups to the fiscal statement."
    • "Inflation is something we are very conscious of, it is right we consider how best to control inflation."
    • "Finance Minister will come forward with medium-term fiscal plan in coming months."
    • "The government's view is set to delivering something that is sustainable over the medium to long-term."
  • Shadow Chancellor Rachel Reeves has responded by saying the Truss mini budget is "putting the economy in danger."

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