Chancellor of the Exchequer Jeremy Hunt has delayed the announcement of the government’s economic plan until 17 November.
The Medium-Term Fiscal Plan was due to be delivered by the Chancellor in the Commons on 31 October, along with a forecast from the Office for Budget Responsibility.
This had been brought forward because of the market turmoil that followed September’s Mini Budget.
But it will now be put back by more than two weeks and be turned into a full Autumn Statement – expanding its remit and providing longer term plans.
The delay followed the reversals of most of the measures announced in the recent Mini Budget.
Our detailed review of the Chancellor’s announcement will be available here.