Photo: Reuters
UK Financial Crisis: PM Truss Calls On Emergency Meeting Days After Financial Market Chaos
Days after the financial market chaos in UK, PM Liz Truss is scheduled to hold an emergency meeting with finance minister Kwasi Kwarteng and Chairman of the Office for Budget Responsibility (OBR) Richard Hughes. According to the UK’s Treasury, the trio will discuss the budget forecast process and economic and fiscal developments since March. Meanwhile, Kwarteng has asked the OBR to submit first draft of economic forecasts on October 7.