UK Budget 2026 Preview - Unfinished fiscal business

We think the Chancellor, John Healey, will opt for a compromise Budget on Wednesday 28th October, with limited implications for the economy and the markets. But this just delays the difficult decisions and is likely to set up another round of spending and tax rises in the Spending Review and Budget next year. 

We will be discussing what to expect in the Budget in an in-person roundtable event at our London office on Wednesday 14th October (register here), and what happened in the Budget at 3pm GMT on Wednesday 28th October (register here).