Autumn Statement to be held on 23 November
Chancellor Philip Hammond will deliver his first Autumn Statement on 23 November.
In July Hammond (pictured) said he may use the Autumn Statement to “reset” economic policy after the UK voted to leave the European Union.
Appearing before the Lords committee today, Hammond said: “The Autumn Statement will set out the government’s economic and fiscal plans based on the latest forecasts from the Office for Budget Responsibility.
“In the run-up to the Autumn Statement I will be engaging with Britain’s business leaders and employee representatives through a series of industry round tables, meetings and visits.”
On becoming Prime Minister in July Theresa May axed previous Chancellor George Osborne and appointed Hammond, the MP for Runnymede and Weybridge since 1997.