• UK’s Cleverly: Can't confirm if budget will come on October 31

Market news

26 October 2022

UK’s Cleverly: Can't confirm if budget will come on October 31

UK Foreign Minister James Cleverly said on Wednesday that they “can't confirm if it will come on October 31.”

Additional quotes

PM Ssunak will want to take time to look at the detail of the fiscal statement.

We know it needs to come soon.

Market reaction

At the time of writing, GBP/USD is advancing 0.08% on the day at 1.1473, cheering renewed US dollar selling.

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