LONDON, Oct. 10 (Xinhua) -- Responding to mounting pressure, the United Kingdom (UK) Treasury decided on Monday to bring forward the date of its debt-cutting plan, alongside forecasts for public finances, to Oct. 31.
The announcement of the government's medium-term fiscal plan, together with an economic and fiscal forecast by the independent fiscal watchdog Office for Budget Responsibility (OBR), had originally been scheduled for Nov. 23, but the government has faced huge pressure to act faster to reassure markets.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
