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Truss Spox-New PM To Decide On Whether Fiscal Plan To Be Delivered 31 Oct


Outgoing Prime Minister Liz Truss' spox states that, "We are working in preparation for a medium term fiscal plan on 31 October, the new PM will decide whether it will be delivered then."

  • Cat Neilan at Tortoise states that the two candidates that go through to the ballot of Conservative party members to become the new leader will each get the chance to work with the Treasury ahead of the expected 31 Oct announcement: "Candidates likely to have access to the team during the week (if it lasts that long, and they want it)"
  • With OBR figures expected and BoE to deliver rate decision on 3 Nov, the prospect of a new PM upending the plans being laid out currently by Chancellor of the Exchequer Jeremy Hunt could cause significant delays and uncertainty.

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