Rishi Sunak is considering postponing the autumn Budget until early next year amid fears over the potential economic impact of a second wave of coronavirus sweeping the country. Mr Sunak told MPs on Friday that he has asked the Office for Budget Responsibility (OBR) to prepare an economic forecast to be published in 'mid to late November'. The next few months could be crucial to setting out the scale of economic damage told to UK plc by Covid-19. Chancellor Rishi Sunak has indicated that his Autumn Budget will not come before mid-November, amid economic uncertainty from the coronavirus pandemic. The chief executive of the Resolution Foundation think tank, Torsten Bell, said: 'This autumn's unprecedented economic uncertainty has led the Chancellor to consider delaying his planned Budget.

Source: Daily Mail September 14, 2020 09:41 UTC