News from Al-Madinah: The unveiling of the budget plan intended to reassure the markets about the stability of public finances over the long term was postponed by the new British administration on Wednesday.
The statement issued by Dawnj Street stated that Prime Minister Rishi Sonak and Finance Minister Jeremy Hunt “agreed on the date of November 17 to reveal these measures expected with severe anticipation after the failure of the (mini -budget) offered by the previous government headed by Liz Tarras.
“Sonak promised in his first address after formally assuming the presidency of the British government to “quickly” correct the errors of the outgoing Prime Minister, but he also identified problems that need for challenging solutions.
“All I can say is that I am not afraid, I know the high position that I accepted and I hope to fulfil its requirements,” Sonak continued. “So I stand here in front of you, ready to lead our country to the future, to put your needs above politics, to communicate and build a government that represents the best tradition of my party, together we can achieve things do not believe.”
All he could say was that he was not terrified as he continued, “I recognise that I have a task that I must perform to rebuild confidence after all that happened.”
Sonak, 42, the youngest British prime minister in more than 200 years, is seeking to bring together a frustrated and fractured party that is trailing the opposition in polls while simultaneously supporting an economy that is headed for a recession.
News on Sky.
The “most crucial decisions” were postponed for two weeks during the inaugural meeting of the Sonak government.
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