The November Budget will not go ahead due to the ongoing coronavirus crisis, according to reports.
On Wednesday afternoon (23 September) news began circulating that the upcoming November Budget would be cancelled amid the coronavirus crisis.
Sky News political editor Beth Rigby tweeted "there will be no Budget this year" and suggested the fluidity of the Covid-19 situation made it too difficult for the government to build a workable fiscal framework.
NEW: There will be no Budget this year (h/t @andybell5news). It was in the balance last week but govt now decided that Covid situation too fluid. Hard to build fiscal framework on shifting sands— Beth Rigby (@BethRigby) September 23, 2020
Last year's November Budget was also cancelled, then due to the upcoming general election.
Chancellor Rishi Sunak will instead deliver a Winter Economic Plan on 24 September, which is expected to detail how the government plans to continue supporting businesses and jobs through the pandemic, and a multi-year comprehensive spending review is still expected to go ahead.
HM Treasury has been contacted for confirmation.
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