Downing Street has confirmed the planned October 31 fiscal statement will be delayed to November 17.
According to a Cabinet readout: "The Chancellor updated the Cabinet on the timing of the fiscal event. The Prime Minister and the Chancellor agreed that the fiscal event would now take place on the 17 November, and would be an Autumn Statement.
"He said it is important to reach the right decisions and there is time for those decisions to be confirmed with Cabinet. The Autumn Statement will set out how we will put public finances on a sustainable footing and get debt falling in the medium term and will be accompanied by a full forecast from the Office for Budget Responsibility."
