What space does the Chancellor have for change in his Autumn Budget in November?

The Chancellor, Phillip Hammond, announced the date of his first Autumn Budget as Wednesday 22 November and this will be his second Budget of 2017; the first Autumn Budget and the first after the snap general election. Traditionally the first Budget of any new parliament gives the opportunity for a Chancellor to administer the ‘medicine’ of tax increases, because doing so at this stage gives the electorate the maximum time to forget the taste of measures before returning to the polls….