The medium-term fiscal plan has been delayed by more than two weeks, says Chancellor of the Exchequer, Jeremy Hunt.
Instead of delivering his economic plan on 31 October, the Chancellor will now reveal an upgraded Autumn Statement on 17 November.
The statement will be accompanied by a forecast from the Office for Budget Responsibility (OBR).
The Chancellor has already revealed a few measures ahead of the plan, reversing many decisions made by his predecessor, Kwasi Kwarteng, in the September mini-budget.
He confirmed that "more difficult decisions" would come in an effort to protect the economy.
However, following Rishi Sunak's appointment as Prime Minister, Hunt says that delaying the statement to November will allow it to be based on the "most accurate" economic conditions.
According to the Treasury, the new economic plan will "put public spending on a sustainable footing, get debt falling and restore stability."
In his speech on Wednesday (26 October), the Chancellor said:
"Our number one priority is economic stability and restoring confidence that the United Kingdom is a country that pays its way, and for that reason, the medium-term fiscal plan is extremely important.
"I want to confirm that it will demonstrate debt falling over the medium term."
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