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Mel Stride: Govt's debt plan U-turn should reassure markets

Video Credit: ODN - Duration: 04:11s - Published
Mel Stride: Govt's debt plan U-turn should reassure markets

Mel Stride: Govt's debt plan U-turn should reassure markets

The chair of the Treasury Select Committee says the chancellor bringing forward the publication of his plan for balancing the government's finances will "reassure the markets" provided it is "fiscally credible".

Mel Stride adds it is "a very good thing" that the government is "listening" to advice and "taking a more pragmatic approach".

Kwasi Kwarteng bowed to pressure and will publish his financial strategy and independent economic forecasts on October 31st.

Report by Brooksl.

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