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ManifoldPoliticsUpdated 28m ago

UK Autumn Budget 2026: will the income tax personal allowance rise above £12,570?

Market probability
22.0%
Little changed over 24 hours
33 days until trading closes
Deadline: October 28, 2026 at 8:00 AM ET

Data is not live — latest snapshot Sep 24, 5:57 PM ET

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 data

This 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?

Stable

The probability has held near its current level over the past several hours.

Contract clarity

Will the rules resolve without ambiguity?

High

The resolution rules are relatively specific, with a named source and a defined deadline.

What this market actually measures

YES if the Budget announces a personal allowance above £12,570 taking effect on or before 6 April 2028. Advisers split on this: S&W rated it moderate and BDO rated it low.

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 a personal allowance above £12,570 taking effect on or before 6 April 2028. Advisers split on this: S&W rated it moderate and BDO rated it low. 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 24, 6:24 PM 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.

Thin marketLegacy movement classifier: watch

What's happening

low classifier confidence
Thin market

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
Reliability score
12Low
Where the price path tends to go next789 observed
  • Illiquid / quiet99%

Short-term motion of the price line (~1h), distinct from the environment above — not a prediction of the final outcome.

DurabilityHigh· half-life —
PredictabilityStable

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
22.0%
Resolves
Oct 28, 2026
Change (pts)1H0.06H0.024H0.07D0.0

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