Former chancellor Darling: Government must set out credible path in Autumn Statement

Key objectives

Former chancellor Alistair Darling has said the government must set out a credible path, both politically and economically, in its upcoming Autumn Statement as it will not get another chance after everything that has happened over the past few months.

Speaking at Investment Week's Funds to Watch Conference earlier this month, Darling said "there is quite a lot riding" on the statement on 17 November, which comes against a challenging global economic backdrop and after September's Mini Budget resulted in what he described as a "chaotic outcome". The government has pushed back the publication date for its fiscal plan a number of times and has now upgraded it to an Autumn Statement, with chancellor Jeremy Hunt saying his top priority is "economic stability and restoring confidence that the UK is a country that pays its way". Key objec...