Caspian Energy Journal Caspian European Club
Thursday, 27 September 2018 11:00

Budget 2018 date falls before Brexit talks

Budget 2018 date falls before Brexit talks

The Budget will be delivered on Monday 29th October this year, the Chancellor Philip Hammond has confirmed, Caspian Energy News ( reports with reference to Independent.

The Treasury said Philip Hammond “will set out the government’s plan to build a stronger, more prosperous economy, building on the recent Spring Statement and last year’s Budget”.

The chancellor’s report on the state of the economy comes earlier than usual this year, and will fall before an emergency Brexit summit scheduled for November.

According to previous reports, the reason for bringing the Budget forward is so the Finance Bill can pass through parliament before any potential Brexit legislation is presented before MPs.

The government recently recorded the biggest budget surplus for the month of July in 18 years.

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