Emergency Statement Summary

By Lucy Williams

Tax Partner



As the saying goes, a week is a long time in politics. However, recent events have been unprecedented.

At the Mini Budget, a new Prime Minister and Chancellor launched a new agenda, ‘The Growth Plan’. Three weeks later, after huge turmoil, a reversal of most of the elements of that plan and a new statement planned for 31 October. This is now being referred to as the Medium-Term Fiscal Plan, where the Chancellor will publish the government’s fiscal rules alongside an Office for Budget Responsibility forecast, together with what are described as ‘further measures’.

Download our guide to find out what these changes mean for you and your business.