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UK's Hunt brings forward fiscal announcement to Monday

Jeremy Hunt, British Chancellor of the Exchequer

© APA | Jeremy Hunt, British Chancellor of the Exchequer

# 17 October 2022 09:30 (UTC +04:00)

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, APA reports citing Reuters.

"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."

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