The past three weeks since the September Mini Budget and Growth Plan were announced have been a rollercoaster ride of updates and changes.
The Government has reversed almost all of the tax measures that were originally set out in the Mini Budget, and a new statement is planned for 31 October, which is being referred to as the Medium-Term Fiscal Plan, where the Chancellor will publish the government’s fiscal rules alongside an Office for Budget Responsibility forecast, together with what are described as ‘further measures’.
On Monday, the Chancellor of The Exchequer, Jeremy Hunt announced that a number of measures from the Medium-Term Fiscal Plan were being brought forward to help improve market confidence and stability.
Please see our latest information on the Mini Budget here.
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