Chancellor Rishi Sunak has announced he will reveal "plans to continue protecting jobs through the winter" after the Government confirmed there will be no Budget before the end of the year.
Mr Sunak said on Twitter he will reveal his 'Winter Economy Plan' to Parliament on Thursday afternoon. BusinessLive will be covering his statement live - and reporting on the reaction to it.
It comes as pressure mounts on Mr Sunak and Prime Minister Boris Johnson to announce the Government's plan for the end of furlough - and what it will do next.
The landmark scheme was introduced in March to cover 80% of employees' salaries - but is set to be removed at the end of October.
There have been calls in Parliament - including from Labour and SNP - for the Government to act swiftly to prevent a "tsunami of job losses".
In France and Germany, salary top-up schemes have already been introduced, and there is speculation Mr Sunak could be about to announce a similar policy.
His tweet sent on Wednesday afternoon said:
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The Government also confirmed on Wednesday that there would be no new Budget by the end of the year.
A Treasury statement said: "As we heard this week, now is not the right time to outline long-term plans - people want to see us focused on the here and now.
"So we are confirming today that there will be no Budget this autumn."
It's believed the announcement will take place at 12.30pm.
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During Prime Minister's Questions on Wednesday afternoon, Mr Johnson said Mr Sunak had been working on "creative and imaginative" solutions.
Potential plans are thought to include a wage subsidy - letting companies reduce employees' hours while keeping them employed, with the Government making up some of the lost pay.
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It's feared that without a replacement for furlough, there could be a massive spike in job losses.
He could also extend support to businesses in the form of loans and grants.
The need for new cash was ramped up this week after Mr Johnson announced a string of new restrictions, forcing pubs to close at 10pm.