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Old 30-09-2022, 12:46   #532
Damien
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Re: New Prime Minister: Liz Truss

The pound/markets are also recovering as there will be an OBR forecast next Friday now.

https://twitter.com/Smyth_Chris/stat...93137464889344

Quote:
OBR say they will give Chancellor the first draft of a forecast next Friday

After meeting with Kwarteng today they add it "will, as always, be based on our independent judgment about economic and fiscal prospects and the impact of the Govt’s policies"
It's not out of line to tell the people financing your borrowing how your tax cuts will be afforded. Something as simple as that can calm them down
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