St James's Place says UK Autumn Budget delivers no major fiscal surprises
Bitget2026/10/28 16:16- St James's Place chief economist Hetal Mehta described the 2026 Autumn Budget as broadly neutral, with no major surprises.
- Mehta said £15 billion of fiscal headroom broadly matched market expectations, with gilt markets barely reacting.
- Fiscal margins remain narrow amid elevated geopolitical risks, she cautioned.
- High inflation and near-term fiscal support are likely to smooth the path to higher interest rates despite weaker expected growth in 2027.
- Head of Advice Claire Trott warned that cumulative tax changes could derail long-term financial plans without ongoing advice.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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