The prime minister acknowledges her economic plans will 'involve disruption in the short term'.
, insisted that November's statement would include a "credible plan" to get the public finances back on track, with a "commitment to spending discipline".
"I think it is important that we look at a state which is extremely large, and look at how we can make sure that it is in full alignment with a lower tax economy." "Families and businesses can't afford to wait any longer for this government to fix their botched, unfair budget," he said.Leading members of the Office of Budget Responsibility arriving at 10 Downing Street for a rare meeting with the prime ministerThe Office for Budget Responsibility is the independent watchdog for the government's finances.
The government can request forecasts from the OBR at any time to get independent advice on big moves. On Friday, sterling rose to $1.12 - close to the level the currency was at before the mini-budget was announced.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Truss admits mini budget caused 'disruption' but says Government is 'on your side'Prime Minister Liz Truss has admitted there has been ‘disruption’ to the UK’s finances caused by her mini-budget as she took steps to ‘reassure the public’.
Read more »
Liz Truss backs tax-cutting plan and fracking in testing local radio interviewsLiz Truss has defended plans to cut tax and grow the economy, despite the negative reaction from the market which forced the Bank of England to intervene.
Read more »
Liz Truss admits 'disruption' to UK economy but stands by forecast-free mini-budgetThe prime minister defends the decision to present last week's mini-budget without an accompanying forecast from the Office for Budget Responsibility (OBR) due to the need to respond rapidly to rising energy prices.
Read more »
Liz Truss vows to stick to tax-cutting plans despite market turmoil\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t
Read more »