Chancellor To Fast-track Tax And Spending Measures
Chancellor To Fast-track Tax And Spending Measures

Chancellor To Fast-track Tax And Spending Measures

Prashant Trivedi

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Chancellor Jeremy Hunt is to fast-track many billions of pounds worth of tax and spending measures from his debt plan, announcing them a fortnight earlier than expected. <br />The Treasury will outline details of the plans later on Monday. <br />It is the latest of a series of U-turns on policies announced in the mini-budget. <br />The move is designed to help reassure jittery markets before they open in London. <br />The announcement of the £18bn U-turn on corporation tax on Friday and the firing of Kwasi Kwarteng as chancellor did not calm rising UK government borrowing costs.

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