BUDGET NEWSLETTER     October 2018

A Budget in October is unusual, but there are two main reasons why the Chancellor’s performance
marginally pre-empted Halloween this year. The first is that we are now in the new cycle of Autumn
Budgets and Spring Statements, the première of the latter having been made on 13 March. If the
pundits are to be believed, the second reason is down to politics. Mr Hammond is reported to have
wanted to get the Budget process underway before the next round of parliamentary battles over
Brexit began again in earnest.

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