...
...
Next Story

UK PM Rishi Sunak delays fiscal statement to make 'right decisions'

Rishi Sunak: The delay from Oct. 31 was announced in a readout of Wednesday’s Cabinet meeting issued by Sunak’s office.

Published on: Oct 26, 2022 05:04 PM IST
Bloomberg |
Prefer HTon Google
Advertisement

New UK Prime Minster Rishi Sunak delayed an economic strategy planned for Monday until Nov. 17 as he sought more time to make the “right decisions” on managing the British economy.

Rishi Sunak: New UK PM Rishi Sunak is seen. (PTI)
Rishi Sunak: New UK PM Rishi Sunak is seen. (PTI)

The delay from Oct. 31 was announced in a readout of Wednesday’s Cabinet meeting issued by Sunak’s office.

Read more: What Indian-origin UK PM Rishi Sunak told cabinet on immigration in 1st meet

Sunak told his new top team of ministers that “it is important to reach the right decisions and there is time for those decisions to be confirmed with Cabinet,” according to the readout. “The Autumn Statement will set out how we will put public finances on a sustainable footing and get debt falling in the medium term and will be accompanied by a full forecast from the Office for Budget Responsibility.”

 
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
Get the latest headlines from US news and global updates from Pakistan, Nepal, UK, Bangladesh, Russia and US Iran war Live, get all the latest headlines in one place on Hindustan Times.
SHARE THIS ARTICLE ON
Hindustantimes wants to start sending you push notifications. Click allow to subscribe