Tue, 19 May 2026
Hunch
Market20 Jun 2026

Will HM Treasury announce the date of the autumn 2026 Budget by 10 August 2026?

BinaryResolves 10 Aug 2026
Hunch55%
Your forecast
  • Yes
  • No
Resolved
Resolved: YES

The Chancellor confirmed on Friday 31 July that the Budget would be held on Wednesday 28 October (HM Treasury, gov.uk).

Resolved 31 Jul 2026
How this resolves

The market resolves on an official HM Treasury announcement on gov.uk, or the Chancellor at the despatch box as recorded in Hansard, naming a date for the autumn 2026 Budget; YES only if that announcement is made by 23:59 BST on 10 August 2026. Press briefing and unattributed reporting do not count. If that source has not published in time, BBC News and the Financial Times settle it.

The pattern behind it

4 of 4
All four early-year borrowing overshoots since 2012 were still running at the next monthly ONS release, and the window and the full record are the same four cases. The mechanism is dull and reliable: the drivers of an early-year gap are debt interest on index-linked gilts and spending settlements already signed, and neither reverses inside four weeks. Four cases is the floor for publishing a number at all, and a unanimous four carries a wide margin of error, so the honest reading is that the direction is well established and the strength is not measurable from this sample. What the chancellor then does is the slower question: three of the four overshoots ended in autumn tax rises, and the exception, 2012, extended spending cuts instead.

We looked at every year since 2012 when UK borrowing in the first months of the financial year ran above the official forecast, as it does now by £7.7 billion. We asked one thing: was the gap still there when the ONS published the next month's figures, or did it disappear? We found four such years, and each time the gap lasted. The case notes also show what each chancellor did months later.