How the Autumn Budget could affect your finances

From tax rises to pension reforms, the chancellor's decision may have a significant impact

Budget briefcase
The British public could be hit with tax rises in the Autumn Budget
(Image credit: Getty Images/stocknshares)

The Autumn Budget is approaching and Chancellor Rachel Reeves has warned of difficult decisions on tax, spending and pensions.

Reeves used one of her first parliamentary speeches as chancellor in July to highlight a "£22 billion hole in public finances" inherited from the Tory government before Labour came to power at the general election.

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Marc Shoffman is an NCTJ-qualified award-winning freelance journalist, specialising in business, property and personal finance. He has a BA in multimedia journalism from Bournemouth University and a master’s in financial journalism from City University, London. His career began at FT Business trade publication Financial Adviser, during the 2008 banking crash. In 2013, he moved to MailOnline’s personal finance section This is Money, where he covered topics ranging from mortgages and pensions to investments and even a bit of Bitcoin. Since going freelance in 2016, his work has appeared in MoneyWeek, The Times, The Mail on Sunday and on the i news site.