Latest updates: Victoria Prentis suggests PM may give in to demands over lifting benefits in line with inflation, saying ‘most vulnerable’ must get priorityKwasi Kwarteng, the chancellor, has confirmed that he is bringing forward the publication of his medium-term fiscal plan and the Office for Budget Responsibility’s economic forecast.He had been planning to publish them both on Wednesday 23 November. But many MPs argued that waiting so long would prolong the uncertainty that has contributed to turmoil in the financial markets and, in a letter to Mel Stride, chair of the Commons Treasury committee, Kwarteng has said the fiscal plan and the OBR forecast will now be published on Monday 31 October – three weeks today. Continue reading…
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