UK’s Hunt brings forward fiscal announcement to Monday

by Reuters

LONDON (Reuters) – New British finance minister Jeremy Hunt will announce tax and spending measures on Monday, two weeks earlier than previously scheduled, the finance ministry said as Hunt tries to turn around a loss of confidence in the government’s fiscal plans.

“The Chancellor will make a statement later today, bringing forward measures from the Medium-Term Fiscal Plan that will support fiscal sustainability,” the Treasury said.

“He will also make a statement in the House of Commons this afternoon.”

(Reporting by Bengaluru newsroom; Writing by William Schomberg; Editing by Kim Coghill)

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