UK plans to hold a "fiscal event" this month

LONDON – Britain’s authorities will maintain a “fiscal occasion” later this month the place it'll set out the price of a package deal of measure to freeze vitality payments for the subsequent two years, in keeping with a written ministerial assertion.

The federal government introduced on Thursday that common family payments could be held at round 2,500 kilos ($2,881) a yr for 2 years from Oct. 1, stopping the anticipated 80% leap that was due in October.

“The Chancellor of the Exchequer will set out the anticipated prices as a part of the fiscal assertion later this month,” Jacob Rees-Mogg, Britain’s new enterprise minister, mentioned within the assertion.

($1 = 0.8676 kilos)

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