November Budget cancelled to 'get Brexit done', chancellor says

Was set for 6 November

Kim Kaveh
clock • 2 min read

The government has scrapped plans to go ahead with an Autumn Budget on 6 November as prime minister Boris Johnson continues to push for a general election before the end of the year.

HM Treasury announced the Budget date earlier this month, but noted the likelihood of it going ahead remained uncertain and dependent on the outcome of Brexit negotiations. Speaking on BBC Breakfast this morning (25 October), chancellor of the Exchequer Sajid Javid (pictured) noted that "what is more important right now is getting Brexit done and then having that general election". He said: "Now we have to accept we won't be able to leave on 31 October because parliament has requested an extension." EU ambassadors are currently in discussion as to what length of Brexit extension to...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Your profession

Women and wealth: A new era of financial empowerment?

Women and wealth: A new era of financial empowerment?

Helping women build confidence and craft long-term strategies

Olivia Perry
clock 13 December 2024 • 3 min read
Feel Good Friday: Quilter Foundation partners with two charities

Feel Good Friday: Quilter Foundation partners with two charities

Supporting Meals & More and Feeding Britain

Professional Adviser
clock 13 December 2024 • 1 min read
Playing to your strengths when building professional connections

Playing to your strengths when building professional connections

Have clear networking goals

Sam Whitaker
clock 12 December 2024 • 4 min read