'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

Reeves defends yearly Budget to avoid 'constant chopping and changing'

Reeves defends yearly Budget to avoid 'constant chopping and changing'

Treasury Committee scrutinises chancellor on Spring Statement

Isabel Baxter
clock 02 April 2025 • 3 min read
Five key takeaways from the Spring Statement 2025

Five key takeaways from the Spring Statement 2025

OBR growth, ISA reforms and defence

Sorin Dojan
clock 27 March 2025 • 4 min read
Bank of England halts interest rate cuts amid ongoing inflation

Bank of England halts interest rate cuts amid ongoing inflation

As priced in by markets

Sorin Dojan
clock 20 March 2025 • 2 min read