LONDON (Reuters) – 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.
“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.”
(Reporting by Bengaluru newsroom; Writing by William Schomberg; Editing by Kim Coghill)