Mini-Budget expected to address cost of living next Friday

Kwasi Kwarteng - chancellor

The government is expected to unveil a ‘mini-Budget’ a week today when new prime minister Liz Truss will reveal details of plans to confront the cost-of-living crunch.

The mini-Budget will be outlined on September 23, according to Sky News. After winning the Conservative leadership election, Truss revealed plans to limit energy price rises but the details have not yet been revealed because parliament was suspended for official mourning following the Queen’s death.

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