ARTICLE · 29 OCTOBER 2018

Autumn Budget 2018

Duff and Phelps

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This Autumn, the budget will be delivered earlier than usual, on the October 29, 2018.

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This Autumn, the budget will be delivered earlier than usual, on the October 29, 2018. It will fall just 10 days after the next scheduled EU summit and before the November deadline for the UK to produce a final Brexit deal. With such a crucial time in Brexit negotiations and the level of uncertainty currently, this is a problematic time for the Chancellor to set a budget.

Added to the Brexit uncertainty is Theresa May's continued pledge to end austerity, renew the NHS, increase housing stock and freeze fuel duties. With such a big cash injection required, speculators are expecting radical tax changes with more pressure on Philip Hammond to increase revenue from other tax sources.

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