Top minister gives update on whether Labour will call an emergency budget

Inflatie

A top Labour minister has said there is no need for an "emergency budget" as he sought to calm market turbulence. The Chief Secretary to the Treasury Darren Jones insisted the Labour government would only hold one major fiscal event each year, with the next Budget already pencilled in for the autumn. It came as the Chancellor Rachel Reeves was given a small boost after days of intense pressure with a surprise fall in inflation . Official figures on Wednesday showed the rate of Consumer Prices

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