[Manchester (UK) 1st Reuters]-Finance minister Javid will announce a budget within the year on the 1st, pointing out whether the contents of the budget will be without agreement from the European Union (EU). He expressed the idea that additional measures should be taken to support the economy if the agreement was withdrawn without agreement.
Mr. Javid announced at the party meeting of the ruling party and conservative party in Manchester on the 30th that he would prepare for the withdrawal without agreement, and said that "various economic policies" could be introduced if necessary. .
On the 1st, he answered, “I will make a budget announcement this year” in response to a question from reporters about whether there will be an official budget announcement this year. However, he did not state whether it would be 31 days before or after the planned EU departure date.
Although he did not reveal specific plans for taxes and expenditures, he said he would like to simplify the tax system and could also reform the supply side.
He stressed that there was still a possibility of withdrawal without agreement, and if so, it would support the economy and take measures that should only be considered in the context of withdrawal without agreement.