Fiscal statement delayed until 17 November 2022

The Government’s highly-anticipated fiscal plans have been delayed until 17 November. The plans have also been upgraded to a full autumn statement.

The Chancellor, Jeremy Hunt, said he had discussed delaying the announcement with Bank of England Governor Andrew Bailey and that he understands the reasons behind the decision.

The Chancellor also said “Our number one priority is economic stability and restoring confidence that the United Kingdom is a country that pays its way,”.

Woman working on financial records