Emergency budget announcement: expert reaction to new UK chancellor's attempt to calm financial markets
By Steve Schifferes, Honorary Research Fellow, City Political Economy Research Centre, City, University of London
Brian Scott-Quinn, Emeritus Professor of Finance, ICMA Centre, University of Reading
Morten O. Ravn, Professor of Economics at University College London, UCL
Steven McCabe, Associate Professor, Institute for Design, Economic Acceleration & Sustainability (IDEAS), Birmingham City University
Newly installed UK chancellor, Jeremy Hunt, has unveiled a raft of changes to Kwasi Kwarteng’s September 23 mini-budget, which essentially amounted to a rollback on most of its headline points.
The September mini-budget, which included £45 billion in unfunded tax cuts, created significant…
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Monday, October 17, 2022