With just five weeks until the Chancellor addresses Parliament, speculation is swirling about what the upcoming Budget might contain. With tax rises foreshadowed in her Labour Party Conference speech, many question whether Rachel Reeves can maintain the Government’s manifesto pledge not to raise taxes on ‘working people’ without over-burdening businesses.

H/Advisors Cicero has put together the first edition of our Budget Speculation Tracker ahead of 26 November, capturing measures being speculated in the media and assessing their likelihood for inclusion in the Budget. We will be updating iterations of this document as we approach Budget Day.

*Latest update: 2nd edition – 29th October