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    Budget 2026: what should we expect?

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    <p data-pm-slice="1 1 []"><span>What should we expect from the October Budget? IFS economists discuss the choices facing the Chancellor on energy bills, taxes and public spending.</span></p>

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    <p data-pm-slice="1 1 []"><span>Higher inflation, rising borrowing and potential spending cuts: what will the Chancellor’s first Budget mean for the economy and households today?</span></p>

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    <p>Why is electricity so expensive? We explore the role of renewables, the costs of decarbonisation and the future of Britain's energy system.</p>

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Data Item

  • Autumn Budget 2026

Growth in real household disposable income over the decade, 1950s to 2020s

Published on 29 October 2026

The 2020s are set to be the worst decade for real income growth since 1950. 

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