UK Autumn Budget 2026: will holiday lets be moved from business rates to council tax?
Too little market data to assess this move — treat the probability with caution.
This venue reports too little volume or book data for this market to judge the trading behind the price.
How credible was the move?
Three separate questions — a move can be genuine while the latest price is still settling. Methodology →
Move validity
Is the move backed by real trading and depth?
Insufficient dataThis venue reports too little volume or book data for this market to judge the trading behind the price.
Consensus stability
Has the market settled at the new probability?
StableThe probability has held near its current level over the past several hours.
Contract clarity
Will the rules resolve without ambiguity?
HighThe resolution rules are relatively specific, with a named source and a defined deadline.
What this market actually measures
YES if the Budget announces that short-term or holiday lets in England will be charged council tax, or a second-homes premium, in place of business rates. Resolution.
This summary shows the opening of the venue's official rules. ProbCast has not yet generated an independent plain-English interpretation for this contract — review the full rules before relying on it.
View full official resolution rules
YES if the Budget announces that short-term or holiday lets in England will be charged council tax, or a second-homes premium, in place of business rates. Resolution. Resolves YES if the measure is announced in the Chancellor's Budget speech on 28 October 2026 or appears in the Budget documents HM Treasury publishes that day (the Budget document, the policy decisions table, the policy costings, or the Overview of Tax Legislation and Rates). A measure announced earlier counts if those documents confirm it. A consultation, review or call for evidence alone resolves NO. This market closes at 12:00 UTC on Budget day, 30 minutes before the speech is due to begin, because measures resolve as the Chancellor announces them. The creator may trade in this market. Resolution follows the sources named above. If the Budget moves to another date in 2026, this market follows it and the close time moves with it. If no Budget is delivered by 31 December 2026, resolves N/A. Created by Max Ghenis of PolicyEngine (https://www.policyengine.org/uk) as a public record of what PolicyEngine expected before the Budget.
What could move this market next?
- The market's deadline arrivesOctober 28, 2026 at 8:00 AM ET
The contract must resolve based on what has happened by this date.
Derived from the contract's own mechanics as of Sep 25, 4:50 AM ET. ProbCast does not list scheduled meetings, announcements, or data releases it cannot verify.
Advanced analysis (experimental)
Research signals — these models are still accumulating the history needed for full validation, and they can disagree with the headline read. Model confidence: low · expected error ±21 pts.
What's happening
Thin book and/or wide spread. Small orders can move this price disproportionately, so any single print is noisy and easily overread.
- Thin book and/or wide spread.
Read with caution —Read the latest price with caution; conditions make it an unreliable summary right now.
More details — reliability score, dynamics, durability
- Illiquid / quiet99%
Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.
Secondary read: leaning toward Stale price.
A read-only classification of the market environment — how much weight the current price deserves as a read of consensus. It describes conditions, never a trade.
Market data
24h volume
Ṁ0
Liquidity
Ṁ100
Total volume
Ṁ0
- Category
- Politics
- Venue
- Manifold
- Open interest
- —
- Current probability
- 25.0%
- Resolves
- Oct 28, 2026