Imminent D-Day announced for Truss mini-budget after crucial 48-minute meeting with experts

The Office for Budget Responsibility (OBR) will provide a forecast to the Chancellor next week after emergency talks with Liz Truss and Kwasi Kwarteng in Downing Street - but he won won't be released until November

Ms Truss has come under intense pressure to reverse her tax cut mini-budget (

Image: PA)

The independent budget watchdog will provide a forecast to the Chancellor next week as the government scrambles to curb market chaos after the mini-budget.

The Prime Minister and Chancellor Kwasi Kwarteng had talks with experts from the Office for Budget Responsibility (OBR) this morning which lasted less than 48 minutes.

Richard Hughes, Andy King and Professor David Miles, members of the OBR's Budget Responsibility Committee, were seen entering No11 at 9.45am. They emerged again in Downing Street at 10.33am.

In a statement after the meeting, the watchdog said it would provide a forecast to the Chancellor on October 7 based on "our independent judgment on the economic and fiscal outlook and the impact government policies".

But the Treasury said details would not be released until November 23, when Mr Kwarteng will present his next financial statement.

Ms Truss has come under intense pressure to reverse her mini-budget tax cut after the pound crashed to a record low against the dollar and the cost of government borrowing soared .

OBR chiefs traveled to Downing Street for crucial talks (

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The Treasury rejected calls to bring forward the forecast and said it would be released on November 23, when Mr Kwarteng is due to present a "medium-term budget plan".

A spokesperson said they had agreed to 'work closely' with the OBR and the Prime Minister and Chancellor 'reaffirmed their commitment to the independent OBR and made it clear they valued his exam".

Treasury and Downing Street sources earlier claimed it was not an emergency...