The unusual meeting between Liz Truss, Kwasi Kwarteng and the OBR, which appeared to last under 50 minutes, came amid market turmoil following last week’s mini-budget. A Treasury read-out following the meeting said a highly-anticipated OBR forecast will be published on November 23, when the Chancellor is due to reveal his medium-term fiscal plan. The confirmation suggests the Government plans to ignore calls from some Tory MPs to bring forward the OBR forecast’s publication in a bid to reassure markets. “They discussed the process for the upcoming economic and fiscal forecast, which will be published on November 23, and the economic and fiscal outlook,” according to the Treasury statement. The Government appears to be ignoring such calls, confirming that the economic and fiscal forecast will be published on November 23.

Source: The Times September 30, 2022 17:45 UTC