November Budget cancelled to 'get Brexit done', chancellor says

Was set for 6 November

Kim Kaveh
clock • 2 min read

The government has scrapped plans to go ahead with an Autumn Budget on 6 November as prime minister Boris Johnson continues to push for a general election before the end of the year.

HM Treasury announced the Budget date earlier this month, but noted the likelihood of it going ahead remained uncertain and dependent on the outcome of Brexit negotiations. Speaking on BBC Breakfast this morning (25 October), chancellor of the Exchequer Sajid Javid (pictured) noted that "what is more important right now is getting Brexit done and then having that general election". He said: "Now we have to accept we won't be able to leave on 31 October because parliament has requested an extension." EU ambassadors are currently in discussion as to what length of Brexit extension to...

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

Advice firms need to adopt 'operational excellence'

Advice firms need to adopt 'operational excellence'

‘Operations roles are critical to driving business success’

Isabel Baxter
clock 16 May 2024 • 2 min read
'Finfluencers' face FCA legal action over trading scheme

'Finfluencers' face FCA legal action over trading scheme

FCA targets social media scam, nine people face legal action

Sahar Nazir
clock 16 May 2024 • 1 min read
Advisers must tackle client behavioural bias for good outcomes

Advisers must tackle client behavioural bias for good outcomes

Mitigating behavioural biases builds trust with clients

Jenna Brown
clock 16 May 2024 • 1 min read