UK’s Liz Truss holds emergency talks with budget watchdog

The OBR has prepared a joint economic forecast ahead of the small budget on September 23, but the UK Treasury chose not to publish itaccording to BBC.

Kwarteng said the full forecast would be published “before the end of the year” in his announcement to lawmakers and a full budget report is now expected on November 23.

IMF since then give a damned judgment about the measures introduced in the small budget, saying they would “potentially increase inequality” and that the UK government should “consider ways of providing more targeted support and reassess measures”. tax measures, especially those that benefit high-income earners.”

A growing number of economists and investors have also made plans, including the founder of Bridgewater, one of the world’s largest hedge funds, Ray Dalio, who said the proposed measures. suggested the government was “incompetent.”

The government’s recent activism has also made the incumbent Conservatives unpopular with the British public. Around 54% of those surveyed will vote for the opposition – the left-leaning Labor Party – if a general election takes place in the near future, according to the latest YouGov research.

Labor currently leads the Conservatives by 33 points, the highest number the party has received in any poll released since the late 1990s, according to the polling organization. Meanwhile, the number of voters intending to vote Conservative has dropped to 21%.