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Saturday, August 24, 2019

Sajid Javid prepares ground for no-deal emergency budget: The Times

(Reuters) - British finance minister Sajid Javid is preparing ground for a no-deal emergency budget in the fortnight before Britain leaves the European Union, The Times reported.

Javid, who took office last month, will ask the

Office for Budget Responsibility (OBR) to begin work on forecasts for a no-deal Brexit within days, the newspaper reported.

Javid will postpone the final decision on whether to push ahead with the budget until after the European Council meets on Oct. 17, the report added.

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