Chancellor will also bring forward publication of OBR forecasts after pressure from MPs

Live coverage: UK to publish fiscal plan on 31 October

Kwasi Kwarteng will bring forward the date of his debt-cutting plan to 31 October after pressure from MPs over the unfunded tax and spending promises announced in last month’s mini-budget.

The chancellor told the Commons Treasury select committee that he would use the new date to announce his “medium-term fiscal plan”, alongside the release of fresh forecasts for the economy and public finances from the Office for Budget Responsibility.

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