What the City wants from the Autumn Budget – and what to expect

From ISAs, to tax and VCTs

clock • 4 min read

The time has finally arrived for chancellor Rachel Reeves to deliver her second Budget. In moving the speech even later in the year, from just before Halloween in 2024 to the start of the Christmas season, the government has increased the window of uncertainty and speculation.

This space has been filled by a combination of the Treasury floating its plans through the media and companies delivering comment on what they expect, or want, to hear in Reeves' speech. The up-to-£30bn shortfall identified by the Office for Budget Responsibility (OBR), combined with the government's unwillingness to make large spending cuts, means some tax rises are inevitable. ISAs The Treasury has been open about seeing ISAs as a target for reform. It has been widely reported Cash ISA allowances will be slashed. A lower £12,000 limit was the recently reported landing zone. Rebadg...

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