The much-anticipated 'mini-budget' setting out details of help for households and businesses amid the cost-of-living crisis will be delivered by the Chancellor next Friday.
The so-called 'fiscal event', promised by Prime Minister Liz Truss as part of her plans to grow the economy and tackle soaring inflation, will be announced by Kwasi Kwarteng on 23 September, the PA news agency understands.
The timing had been highly constrained, with Parliament currently suspended while the country is in mourning following the death of the Queen, and the Prime Minister expected to fly to New York for the United Nations General Assembly following the monarch’s funeral on Monday.