British Finance Minister Sajid Javid is planning a pre-election giveaway budget ...
FILE PHOTO: Britain's Chancellor of the Exchequer Sajid Javid walks outside 10 Downing Street in London, Britain September 17, 2019. REUTERS/Phil Noble
- British Finance Minister Sajid Javid is planning a pre-election giveaway budget in the week of October 21 if the UK strikes a Brexit deal with the European Union and parliament votes for the accord, the Financial Times reported on Friday. Javid cannot announce a date yet for the pre-election giveaway budget as the plan is dependent on reaching a deal so that any Office for Budget Responsibility forecasts are positive, the newspaper saidThe plan would also let the finance minister borrow more money as it would coincide with a new and looser fiscal framework, the report added.
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