Budget 2025 predictions: Balancing economic reality and political ideology

26 November speech will likely affect estate planning, investments and property

clock • 4 min read

Stephen Kenny assesses the chancellor's options ahead of the 26 November Budget and says balancing economic reality and political ideology is a tough job...

HM Treasury has announced that the Autumn Budget will take place on 26 November. We know that there is enormous pressure on the Chancellor, coming from the government's fiscal rules The first is that day-to-day spending must be matched by tax revenues The second is the investment rule, which requires the government to reduce net financial debt as a share of the economy Additionally, from the pledge that the government will not raise taxes on 'working people', and there will be no increases to income tax, National Insurance, or VAT. The combined effect is that the government ne...

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 Tax planning

IHT shift: Why guaranteed income and property wealth will become strategic anchors for advisers

IHT shift: Why guaranteed income and property wealth will become strategic anchors for advisers

'Professional financial advice will be central'

Cecilia Furner
clock 06 November 2025 • 5 min read
Business relief: Advisers' IHT on pensions questions answered

Business relief: Advisers' IHT on pensions questions answered

AIM shares, gifting and the upcoming Autumn Budget

Professional Adviser
clock 06 November 2025 • 6 min read
Chancellor 'rips off the band aid' in pre-Budget speech

Chancellor 'rips off the band aid' in pre-Budget speech

Tax hikes predicted as chancellor prepares for ‘tough but necessary’ fiscal choices

Isabel Baxter
clock 04 November 2025 • 6 min read