The first Autumn Budget will be announced by the Chancellor on Wednesday 22 November 2017. Chancellor Hammond expressed his intention following the announcement that the Autumn Budget was the opportunity to “set out our thinking on how to keep the economy strong and resilient and fair”.

This will be the first Budget since the Conservatives lost their majority in the House of Commons following the General Election in June.

From 2018 there will be a separate Spring Statement that will respond to the economic forecasts from the Office for Budget Responsibility (OBR).