Philip Hammond announces 2018 Autumn Budget date

Unusual Monday spot

Hannah Godfrey
clock • 1 min read

The Autumn Budget will take place on Monday 29 October, Chancellor of the Exchequer Philip Hammond has confirmed.

The day will see the second Autumn Budget since Hammond abolished the Autumn Statement in 2016, and moved the then-Spring Budget to the autumn.  The announcement is likely to fuel speculation on changes to pensions tax relief, and the cost and implementation of saving for social care. This year, the Budget will fall on a Monday, rather than its usual Wednesday spot. According to Spectator editor and Telegraph columnist Fraser Nelson, the change in day is to avoid inevitable ghoulish headlines accompanying Budget stories written on Halloween. He tweeted: "Why a Monday? Hammond wante...

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