 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.' It comes just a week after new Chancellor Jeremy Hunt previously ripped up all of ex PM Liz Truss' tax measures and announced a shock U-turn on energy bill support. Jeremy Hunt unveiled part of his plan to stabilise Britain's finances in a last-minute emergency statement. Help with energy bills for all households will only last until April, rather than the two years previously promised. A review to look at a 'new approach to target support at those worst off will take place after that. Hunt stepped in as Chancellor after Kwasi-Kwarteng was sacked from the role within Truss' Cabinet.. Got a story? Get in touch with our news team by emailing us at webnews@metro.co.uk. Or you can submit your videos and pictures here. For more stories like this, check our news page. Follow Metro.co.uk on Twitter and Facebook for the latest news updates. You can now also get Metro.co.uk articles sent straight to your device. Sign up for our daily push alerts here.){kind=link}
The Prime Minister has agreed to push back the ‘Halloween budget’ announcement until next month.
Following the first meeting of Rishi Sunak’s new Cabinet this morning, it was announced the full Autumn statement would be pushed back until November 17.
It had originally been pencilled in for October 31. It comes as the new PM prepares for his first face-off with Labour’s Keir Starmer in the House of Commons.
In a statement, a No10 spokeswoman said: ‘The Prime Minister and the Chancellor agreed that the fiscal event would now take place on the November 17, and would be an Autumn Statement.
‘He (the chancellor) said it is important to reach the right decisions and there is time for those decisions to be confirmed with Cabinet.