When is the Budget and what might be in it?

The Chancellor, Rachel Reeves, is set to deliver the UK's second Budget on November 26th. This highly anticipated event will outline the government's economic plans and policies for the coming year. The Budget is expected to address the ongoing cost-of-living crisis, with potential measures to support households and businesses struggling with rising inflation and energy prices. Speculations suggest the Chancellor may announce further assistance, such as extending the Energy Price Guarantee or introducing additional support for vulnerable individuals. Additionally, the Budget may focus on long-term economic growth, potentially including investments in infrastructure, skills, and green technologies. Reforms to the tax system and changes to government spending are also anticipated. While the exact details of the Budget remain unknown, it is widely seen as a crucial opportunity for the government to address the pressing economic challenges facing the country and lay out its vision for the future.