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.

Like us on Facebook at http://www.facebook.com/itn and follow us on Twitter at http://twitter.com/itn


You are here


💡 newsR Knowledge: Other News Mentions


Related videos from verified sources

Chancellor told he must get MPs’ backing for fiscal plan 00:45
Video credit: ODN - Published on October 11, 2022 

You might like