KWASI KWARTENG has brought forward the date of his medium-term fiscal plan to October 31 in another humiliating U-turn for the new Tory leadership. 

The Chancellor had come under mounting pressure from MPs to publish his financial strategy and independent economic forecasts over the uncosted spending and tax-cutting pledges made in his “mini-Budget” last month. 

Mr Kwarteng had been resisting calls to publish the strategy and forecasts from the Office for Budget Responsibility (OBR) before his planned update on November 23.