'We expect there will be more U-turns on the mini-budget.' The chancellor will deliver parts of his medium-term fiscal plan today. tamcohen says there's a 'growing sense of urgency in govt that they need to show they are changing course'. KayBurley
When is the chancellor making his announcement todayHe will then make a statement to the House of Commons this afternoon.
The chancellor met with the prime minister at Chequers over the weekend, where it is likely they hashed out the plan.Mr Hunt made clear he was looking at the whole of the mini-budget - although the fall in National Insurance is likely to stay in place as it has already started to go through parliament.06:51:53Former Tory leadership hopeful turned Liz Truss cabinet member Penny Mordaunt has written in The Telegraph calling for stability.
Senior backbencher Crispin Blunt was the first to say Ms Truss needed to stand down yesterday - saying that"the game is up".And Jamie Wallis, who was only elected in 2019, added his voice, criticising Ms Truss's"very basic and avoidable errors in [her] approach".The chair of the Treasury Select Committee, Mel Stride, has welcomed this morning's announcement that parts of the medium-term fiscal plan will be announced today.
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