Kwarteng won't lay out financial plan for another two months after pound tanks

Chancellor Kwasi Kwarteng will set out a medium-term fiscal plan in November, the Treasury has confirmed.

The Treasury said it will set include further details on the Government’s fiscal rules, including ensuring that debt falls as a share of GDP in the medium term.

At the same time the Office for Budget Responsibility will publish its updated forecast for the current calendar year.

The Treasury also confirmed that there will be a Budget in the spring, with a further OBR forecast.

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