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Press release: Chancellor statement on the Medium-Term Fiscal Plan

Hm Treasury

October 17
05:00 2022

The Chancellor will make a statement later today, bringing forwardmeasures from the Medium-Term Fiscal Plan that willsupportfiscal sustainability.

Hewill alsomakea statement in the House of Commonsthis afternoon.

This follows the Prime Ministers statement on Friday,andfurther conversations between the Prime Minister and the Chancellor over the weekend, to ensuresustainable public financesunderpin economic growth.

The Chancellor will then deliver the full Medium-Term Fiscal Planto be publishedalongside a forecast from the independent Office for Budget Responsibilityon 31 October.

The Chancellor met with the Governor of the Bank of England and the Head of the Debt Management Office last ni

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