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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.
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Free AccessUQ On Sacking Kwarteng Then Chancellor's Statement In Busy Commons Afternoon
Leader of the House of Commons Penny Mordaunt will at the bottom of the hour deliver the gov'ts answer to an urgent question granted to the opposition regarding the sacking of former Chancellor of the Exchequer Kwasi Kwarteng on 14 October. PM Liz Truss has declined to attend the Commons to face Leader of the Opposition Sir Keir Starmer herself. Livestream:https://www.youtube.com/watch?v=jDtfioiaBMU
- Following the UQ and its follow up questions, likely around 1630BST (1130ET, 1730CET), Chancellor of the Exchequer Jeremy Hunt will deliver his statement on the major U-turn in gov't policy announced earlier today that sees almost all of the 23 September mini budget measures reversed.
- Over the course of the day, data from Smarkets shows the betting market implied probability of Truss leaving office in 2022 rising from a 24 hour low of 54.1% at 0845BST to 70.4% at the time of writing.
- Labour lead is thirty-two points in latest results from Deltapoll. Con 23% (-3) Lab 55% (+4) Lib Dem 7% (-2) Other 15% (+3) Fieldwork: 13 - 17 October 2022. Sample: 1,050 GB adults (Changes from 6 - 7 October 2022)
- Redfield and Wilton Strategies release their weekly Westminster voting intentions opinion poll at 1700BST (1200ET, 1800CET). Significant speculation about the nature of the results.
To read the full story
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Why MNI
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.