
A | London, Oct 17 (UNI) In a bid to help reassure jittery UK markets before they opened on Monday, the Liz Truss government announced Chancellor Jeremy Hunt will fast track both tax and spending measures.
Announcements by lunchtime and then a statement to the House of Commons will see many billions more in reversals of policy, to plug a hole in borrowing forecasts worth tens of billions, the BBC reported.
"The Chancellor will make a statement later today, bringing forward measures from the Medium-Term Fiscal Plan that will support fiscal sustainability," a Treasury spokesman said.
It is the latest of a series of U-turns on policies announced in the mini-budget. Many billions of pounds worth of tax and spending measures from his debt plan will be fast tracked as per the announcement that came a fortnight earlier than expected.
The Treasury will outline details of the plans later in the day, the BBC reported.
The pound gained around 0.5 per cent higher in early Asia trade on Monday to trade above $1.12.
The announcement of the 18 billion pound U-turn on corporation tax on Friday and the firing of Kwasi Kwarteng as chancellor did not calm rising UK government borrowing costs.
On Sunday, Hunt told the media that nothing was off the table.
UNI ING。

B | 中新网北京8月21日电 (记者 郭超凯)水法修订草案二次审议稿将提请十四届全国人大常委会第二十四次会议审议。

C | 全国人大常委会法工委发言人黄海华21日在记者会上表示,草案二审稿拟加强水资源保护与节约利用,完善水价形成机制等规定。 2026年4月,十四届全国人大常委会第二十二次会议对水法修订草案进行了初次审议。黄海华在记者会上介绍,根据各方面意见,二次审议稿拟作以下主要修改:一是进一步落实习近平总书记关于治水重要论述精神,明确国家水网建设总体要求,增加加快构建国家水网,统筹水资源、水环境、水生态、水灾害治理等规定;二是与生态环境法典做好衔接,完善水资源刚性约束制度等规定;三是落实为基层减负的要求,明确县级以上地方人民政府“根据实际需要”制定流域规划;四是加强水资源保护与节约利用,完善水价形成机制等规定。(完) 【编辑:付子豪】。

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