CHANCELLOR Jeremy Hunt has delayed the Autumn Statement until next month following the appointment of Rishi Sunak as Prime Minister.
Following Sunak’s Cabinet reshuffle which lasted late into Tuesday evening, Hunt and the new PM announced on Wednesday morning that the Budget statement due to be made in the House of Commons on October 31 will be postponed.
The medium-term fiscal plan will now be published on November 17 alongside a new set of economic forecasts from the Office for Budget Responsibility (OBR).