The Treasury has scrapped plans for an Autumn Budget this year because of the coronavirus pandemic.
"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," the Treasury said.
"So we are confirming today that there will be no Budget this autumn."
There will however be a spending review to set out the overall shape of government spending, BBC political editor Laura Kuenssberg reported.