Fiscal Event Horizon

<p>The new Chancellor Kwasi Kwarteng will lay out details of his 'fiscal event', or mini-budget on Friday, which will include a raft of tax cuts. Carl Emmerson, deputy director of the Institute for Fiscal Studies tells Bloomberg's Stephen Carroll and Tom Mackenzie they could put the public finances on an "unsustainable path". We discuss the challenges and expectations facing the Chancellor with Bloomberg's David Merritt and Opinion columnist Marcus Ashworth. Plus, the CEO of industry group UKHospitality Kate Nicholls tells us why businesses need more support, on top of the energy package unveiled on Wednesday. </p><p>See <a href="https://omnystudio.com/listener">omnystudio.com/listener</a> for privacy information.</p>