Financial advisers say they are seeing significant concerns and changes to financial behaviour from their clients due to speculation around which policies the Chancellor may announce in this month’s Budget.

Chancellor Rachel Reeves took the unusual step this morning of making a speech in Downing Street about November’s Budget, some three weeks before the financial statement is due to be delivered in the House of Commons.

Four in five advised clients (81%) are anxious around potential changes in the upcoming Budget, according to a new report.

Two thirds of financial advisers (64%) expect a rise in Corporation Tax in the Budget on 26 November, according to new research.

The vast majority of IFAs (91%) have seen a spike in demand from clients for advice in the run up to the Budget, according to a poll.

High net worth individuals' confidence in the UK economy and their own wealth has risen despite concerns about the upcoming Budget, according to the biannual Saltus Wealth Index.

Chancellor Rachel Reeves' Autumn Budget will take place on Wednesday 26 November, later than many expected.