The Chancellor will outline the UK Government's spending plans in the Autumn Statement later on Wednesday.

It will be the first opportunity for Phillip Hammond to amend how much money the UK Government plans to borrow and spend since the country voted to leave the European Union in June.

The Office for Budget Responsibility, which provides the official independent forecasts of the economy, outlined during the last Budget in March the economy would grow by 2% this year and 2.2% in the following year.

The average of independent forecasts compiled by the Treasury for November paints a gloomier picture for UK growth following the EU referendum.

Instead of the economy growing by 2.2% next year they point to lower growth of just 1.3%.

Hammond has previously said he expects the economy to suffer "turbulence".

He told delegates at his party's conference in October: "Throughout the negotiating process, we are ready to take whatever steps are necessary to protect this economy from turbulence.

"And when the process is over, we are ready to provide support to British businesses as they adjust to life outside the EU.

"Because Brexit does mean Brexit... and we are going to make a success of it."

Before the referendum, the Treasury estimated the UK would suffer a recession following a vote to leave.

In the last quarter, the British economy instead grew by 0.5%.

The Scottish Government has called on the Chancellor to end his "damaging austerity agenda" in his Autumn Statement.

Finance secretary Derek Mackay said: "The difference in approach towards how we grow our economy could not be more different between our two governments.

"In stark contrast to the silence and inaction of the UK Government, we have taken swift action in the wake of Brexit to support the economy by bringing forward an additional £100m of capital investment.

"This government is already facing real terms cuts from the UK Government every year until at least 2019-20 - further reducing funding for our public services and undermining our work to build a fairer country.

"Our discretionary budget will have been cut by £3.3bn in real terms, or 10.6%, since 2010-11 and within this, our capital budget will have fallen by £600m or 15.7% - this is unacceptable.

"I have written to the Chancellor and urged him to end the damaging austerity agenda when he sets out the Autumn Statement later today."