she made a u-turn back pedaling on her policy. hunt s first big priority will be to deliver the government s immediate term fiscal plan. she dodged questions on whether or not she ll stand out. she s going to make a big u-turn. as prime minister i will always act in the national interest. this is always my first consideration. i want to be honest. this is difficult. but we will get through this storm, and we will deliver the strong and sustained growth that can transform the prosperity of
MOSCOW (Sputnik) - The UK government will need to tighten fiscal policy and cut spending by more than 60 billion pounds ($66 billion) to stabilize public debt. 11.10.2022, Sputnik International
going to happen immediately? i157 because it doesn t incorporate the because it doesn t incorporate the new policies that the chancellor will include in his medium term fiscal plan. he said that as part of that plan, he is going to show how he s going to achieve fiscal sustainability and get debt falling over the medium term, and that is what we really need to see. the obr s what we really need to see. the obr s assessment of those policies. what they re getting into today is just a draft, and this is part of the policy making process, part of how the treasury and the chancellor figure out what to do in order to meet those fiscal rules. the fact that they didn t follow this process before it is exactly why things went so wrong. before it is exactly why things went so wroni. ., ~ i. , before it is exactly why things went so wroni. . ~ , . the french president, emmanuel macron, has said he hopes france s relationship with the uk has entered a new phase after talks with liz truss. they
cut of 5%, it will be difficult to get through our backbenchers. serra; get through our backbenchers. sorry to interrupt. get through our backbenchers. sorry to interrupt, but get through our backbenchers. sorry to interrupt, but if get through our backbenchers. sorry to interrupt, but if you get through our backbenchers. sorry to interrupt, but if you were asked to interrupt, but if you were asked to vote to uprate benefits in line with earnings, not inflation, would you? i with earnings, not inflation, would ou? ., ., , ., you? i would always look at the circumstances you? i would always look at the circumstances of you? i would always look at the circumstances of the you? i would always look at the circumstances of the time - you? i would always look at the circumstances of the time and i circumstances of the time and precisely what was being offered, but i think it would be something of a stretch to see myself doing that. and your thoughts today, it has been a very tu
to people who are every day families are struggling? so i think if you are struggling? so i think if you are going to u turn, you do it quickly and you acknowledge that you got it wrong and then you talk about everything else you want to do in concrete terms. so, what are the other plans for the economy? it is notjust other plans for the economy? it is not just tax cuts, other plans for the economy? it is notjust tax cuts, it is all the other supply side reforms we keep on hearing about, but what are the details of that? but then i think you also move forward the medium term fiscal plan, two months to the end of november is still quite a long time for people to be talking about this, and also fur talbot turmoil, they did that, but they didn t in a very drip feed, late night announcement, and crucially you bring forward the data as well so what are the obr facts, the assessments the obr is making, things like that i think could help give people certainty and reassurance, and if that wou