Chancellor Kwasi Kwarteng is expected to hold a mini-Budget setting out more details of help for households and business with energy bills will be announced next Friday.
The so-called “fiscal event” – promised by Liz Truss as part of her plans to tackle soaring inflation – is set to be delivered by Mr Kwarteng on 23 September.
The period of national mourning following the Queen’s death has left ministers with little room to fit it in. Holding the announcement next Friday will require a formal one-day extension to the current parliamentary session.
Commons Speaker Sir Lindsay Hoyle has said the forthcoming recess period for party conferences should be cut short to push on with business following Elizabeth II’s death.
He told Times Radio on Thursday it is his “expectation” and “hope” that the conference break will be slimmed down – saying he would “certainly expect” a debate on the energy crisis before the conference season kicks off on 25 September with the Labour event.
More details follow…
Kaynak: briturkish.com