By Vivek Savani

Ever since Liz Truss’ infamous Budget which rocked financial markets back in 2023, the Autumn Budget has been closely scrutinised by market-makers.

Investors and businesses tend to brace for volatility as reforms can make or break market confidence.

This year’s Budget was no different. In fact, markets, investors and consumers were on a knife edge after some pitch-rolling from the Chancellor a couple of weeks ago signalled that bad news was inbound.

Domestically, markets expected fireworks; ahead of the budget implied volatility moved from 2% at the start of the week to 12% ahead of the announcement. It’s unsurprising given anticipated changes in tax and financial policy.

The good news: bar a brief period of volatility and a sharp fall of the pound when the Budget details were mistakenly leaked by the........

© LBC