![Pinterest](https://pinterest.com/pin/create/button/?url=https://uknews.evprotec.com/rishi-sunak-delays-halloween-wave-of-austerity-and-sets-new-d-day-for-brits/&media=https://uknews.evprotec.com/wp-content/uploads/2022/10/1_BRITAIN-POLITICS-CABINET.jpg&description=The government's medium-term fiscal plan had been set to be unveiled on Monday, but today Rishi Sunak announced Jeremy Hunt would not be unleashing the next wave of austerity until November 17 Rishi Sunak delays Halloween wave of austerity and sets new D-day for Brits Rishi Sunak has delayed the government's much-anticipated fiscal statement - which is expected to unleash a new wave of Tory austerity - until next month in one of his first decisions as PM. Chancellor Jeremy Hunt had been set to announce his financial plan on Monday - which is also Halloween - amid warnings of devastating public service cuts. But today the new Cabinet, meeting for the first time, was told this has been pushed back to November 17 and upgraded to a full autumn statement - the most important Treasury event outside a Budget. Mr Hunt, who was yesterday retained at Number 11 as he tries to undo the damage done by disgraced Liz Truss, warned he is ready and willing to make "politically embarrassing" decisions. Ms Truss had set October 31 for a 'medium term fiscal plan' that would unleash billions in cuts to fill a £30-40bn black hole. Image: PA) PA) The Chancellor had stuck to the date and was due to meet Cabinet ministers one by one - even in Health - to draw up cuts last week. But the government was hurled into turmoil on Thursday when Ms Truss resigned. Mr Hunt said it is "prudent" to delay his fiscal announcement - adding it would be "upgraded to a full autumn statement". He said he is willing to make "politically embarrassing" choices and insisted a "short two-and-a-half week delay" to his statement is the best course of action. Mr Hunt told broadcasters: "I've demonstrated in the short time that I've been Chancellor that I'm willing to take decisions very quickly and I'm willing to make choices that are politically embarrassing if they're the right thing to do for the country, if they're in the national interest. "Now we have a new Prime Minister and the prospect of much longer-term st){kind=link}
The government’s medium-term fiscal plan had been set to be unveiled on Monday, but today Rishi Sunak announced Jeremy Hunt would not be unleashing the next wave of austerity until November 17
Rishi Sunak has delayed the government’s much-anticipated fiscal statement – which is expected to unleash a new wave of Tory austerity – until next month in one of his first decisions as PM.
Chancellor Jeremy Hunt had been set to announce his financial plan on Monday – which is also Halloween – amid warnings of devastating public service cuts.
But today the new Cabinet, meeting for the first time, was told this has been pushed back to November 17 and upgraded to a full autumn statement – the most important Treasury event outside a Budget.
Mr Hunt, who was yesterday retained at Number 11 as he tries to undo the damage done by disgraced Liz Truss, warned he is ready and willing to make “politically embarrassing” decisions.