10th October 2022
Kwasi Kwarteng will bring forward his plan for balancing the government's finances by almost a month to 31 October as he tries to reassure markets.
The fiscal statement is expected to show how the chancellor intends to pay for £43bn of tax cuts and cut debt.
At the same time an independent forecast of how the economy will perform in coming years will be published .
Originally Mr Kwarteng had said he would wait for 23 November but changed direction after his mini-budget sparked almost panic in the markets.
The Office for Budget Responsibility (OBR) to accompany the mini-budget on 23 September may have had information that the markets could have lived with. Mr Kwarteng met with OBR officials on 7 October.
The new date means Mr Kwarteng's fiscal statement will be published before the Bank of England announces its latest decision on interest rates on 3 November.
The Bank's Monetary Policy Committee (MPC) is expected to raise interest rates for the eighth time since last December with most economists forecasting a sharper rise than previous increases.