An autumn statement will now be delivered on Thursday November 17, instead of on Halloween as initially planned, Downing Street has confirmed.
The statement, which provides an update on the government's plans for the economy based on the latest forecasts from the Office for Budget Responsibility, was brought forward to October 31 while Liz Truss was Prime Minister.
But Chancellor Jeremy Hunt informed ministers of the decision to delay the statement at the first meeting of Rishi Sunak’s new cabinet in Downing Street on Wednesday morning. Mr Hunt said it is “prudent” to delay his fiscal announcement and that it would be “upgraded to a full autumn statement”.
