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Mel Stride: Govt's debt plan U-turn should reassure markets
Video Credit: ODN
Published on October 10, 2022 - Duration: 04:11s
Mel Stride: Govt's debt plan U-turn should reassure markets
The chair of the Treasury Select Committee says the chancellor bringing forward the publication of his plan for balancing the government's finances will "reassure the markets" provided it is "fiscally credible".
Mel Stride adds it is "a very good thing" that the government is "listening" to advice and "taking a more pragmatic approach".
Kwasi Kwarteng bowed to pressure and will publish his financial strategy and independent economic forecasts on October 31st.
Report by Brooksl.
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Mel Stride
British Conservative politician
Government
System or group of people governing an organized community, often a state
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