LIZ Truss has shown no signs of backtracking on any aspects of her tax-cutting package after Friday's meeting between her, the Chancellor and the Office of Budget Responsibility in a bid to reassure markets after days of turmoil.
In an interview with broadcasters in north-west Kent, the Prime Minister sought to defend the decision not to publish a forecast from the independent spending watchdog until November 23.
Earlier, both Ms Truss and Mr Kwarteng - under fire from economists, the opposition and some Tory MPs after the debacle of recent days promised to 'work closely with the OBR and said 'scrutiny' is valued. ures of up to £6,000 so it was important we acted quickly.
On Friday, she said there had not been enough time for the OBR to put together a full forecast for the mini-budget.
"What was really important is we acted to help families as soon as we could and what we're seeing this weekend is the energy price cap guarantee coming in so that a typical family won't pay more than £2,500 on their energy bills.
"If you remember, we were looking at fig" In that timescale, there couldn't be a full OBR forecast but we are committed to the OBR forecast.
"We are working together with the OBR.
"There will be an event on November 23 where the policies are fully analysed by the OBR.
This story is from the October 01, 2022 edition of The Herald.
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This story is from the October 01, 2022 edition of The Herald.
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