Autumn Budget cancelled amid Covid-19 crisis - reports

Winter Economic Plan to go ahead

Hannah Godfrey
clock • 1 min read

The November Budget will not go ahead due to the ongoing coronavirus crisis, according to reports.

On Wednesday afternoon (23 September) news began circulating that the upcoming November Budget would be cancelled amid the coronavirus crisis. Sky News political editor Beth Rigby tweeted "there will be no Budget this year" and suggested the fluidity of the Covid-19 situation made it too difficult for the government to build workable fiscal framework. NEW: There will be no Budget this year (h/t @andybell5news). It was in the balance last week but govt now decided that Covid situation too fluid. Hard to build fiscal framework on shifting sands — Beth Rigby (@BethRigby) September 23...

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

Feel Good Friday: Brooks Macdonald gives sports wellbeing advice

Feel Good Friday: Brooks Macdonald gives sports wellbeing advice

Wealth manager has partnered with charity Sporting Wellness

Professional Adviser
clock 03 May 2024 • 1 min read
Adviser guide aims to 'demystify' Consumer Duty annual reporting

Adviser guide aims to 'demystify' Consumer Duty annual reporting

Firms to produce first annual Consumer Duty board report

Sahar Nazir
clock 02 May 2024 • 1 min read
Behavioural coaching a 'tough sell' among prospective clients

Behavioural coaching a 'tough sell' among prospective clients

‘Clients overlook major sources of value from advisers’

Isabel Baxter
clock 02 May 2024 • 1 min read