LIZ Truss will push ahead and announce her tax slashing mini Budget even if Parliament is still closed after the death of the Queen.
The new PM has vowed to scrap the hated rise in National Insurance contributions in a “fiscal event” later this month.
Liz Truss has vowed to scrap the rise in National Insurance contributions and ease living costs
She is also said to be looking at other measures to ease the cost of living crisis and turbocharge the economy.
Questions had been raised over whether the long-awaited package would be delayed as the country marks 10 days of official mourning for the late Queen Elizabeth II.
But Trending In The News understands the plans will go ahead on time.
Instead, Whitehall insiders suggested the mini Budget announcement could be “scaled back”.
Officials had looked into making the announcement via a statement on parliament’s website rather than the recall of MPs – although Downing Street later dismissed the idea.
Parliament will be shut for a total of 13 days.
This includes 10 days of official mourning and extra time to allow MPs to swear a new oath of allegiance to King Charles III.
It means the only day available to the new PM’s team to deliver the plans clash with a pencilled visit to the United Nations in New York.
A source close to the PM said: “Officials are working to adapt plans to work around the mourning period so that it can be delivered on time while maintaining respect for the late Queen.” Parliamentary sources confirmed MPs will not be expected to sit at least until after September 21st.
Parliament may only stay open for a couple of days before politicians go off again for their party conferences Before the Queen’s death Cabinet ministers had pledged to hold the mini-budget before the end of the month.
Treasury sources said they were working behind the scenes to ensure the plans were ready to go when given the go ahead by No10.
A full traditional debate on the financial measures will be debated at a later date.
They also insist plans to cut corporation tax will not be delayed as that would not come into effect until April next year.
