Sunak Delays UK Economy Plan to Allow for ‘Right Decisions’
- Hunt recommended delay to Sunak so plan stands ‘test of time’
- Statement is moved to Nov. 17 from previously-planned Oct. 31
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New UK Prime Minster Rishi Sunak delayed an economic strategy announcement planned for Monday until Nov. 17 as he sought more time to make the “right decisions” on managing the British economy.
The delay from Oct. 31 was announced in a readout of Wednesday’s Cabinet meeting issued by Sunak’s office. The government also upgraded the status of the program from a “medium-term fiscal” plan to an Autumn Statement -- a form of interim mini budget.