'Smoke and mirrors' — advisers react to new prime minister Sunak

PM expected to create ‘media wins’ with tax breaks in Autumn Budget

Julia Bahr
clock • 6 min read

Rishi Sunak, who became the UK’s third prime minister in two months after officially taking over from Liz Truss on Tuesday (25 October), is facing tough decisions over a range of tax and pensions issues.

Many questions remain unanswered after months of discussion through the leadership contest and the fallout from last month's Mini Budget. Talking to Professional Adviser, advisers have shared their reactions about the new prime minister and the potential impact this change at Downing Street could have on their businesses and clients. They addressed concerns about possible plans for tax and green investments, the triple lock and economic issues. Rowley Turton Chartered financial planner Scott Gallacher said: "I think it's fair to say after the Mini Budget debacle, the appointment of Su...

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 Economics / Markets

Fahad Hassan: When good news becomes an inflation problem

Fahad Hassan: When good news becomes an inflation problem

'Markets have been adjusting to the risks through valuations all year'

Fahad Hassan
clock 29 September 2026 • 6 min read
Healey promises 'new age of industrialisation' ahead of Budget

Healey promises 'new age of industrialisation' ahead of Budget

Keeps quiet on personal taxation, pensions or savings at Labour’s conference

Isabel Baxter
clock 28 September 2026 • 2 min read
MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

MPs warn policymakers to stop using OBR as scapegoat for tough fiscal decisions

Treasury Committee report

clock 23 September 2026 • 2 min read