Chancellor to bring in winter tax cuts and announce further energy support at end of mourning period
Kwasi Kwarteng will deliver his emergency mini-budget to bring in winter tax cuts for millions of people and set out more detail on energy support next Friday, according to sources.
Although normal politics has been paralysed by the death of the Queen, the chancellor and his team have been putting the final touches to the budget with the aim of announcing it once the country emerges from national mourning.
However, with Liz Truss expected to be at the UN general assembly in New York next week and the government also planning to set out its priorities for the NHS, there was limited time available for a fiscal event.