Scheduled for 22 April 2009, this makes it the latest budget statement since labour came to power in 1997.
It is thought the budget will have to include downwardly revised growth predictions, reflecting worsening economic conditions.
In last year's Pre-Budget Report, which was also delivered far later in the year than normal, the Chancellor said the UK's ecnomy would return to growth by the second half of this year. This is not a view held by many commentators.
As ever, we will keep you informed.
Watch this space.