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ManifoldMacro / FedUpdated 6m ago

UK Autumn Budget 2026: will the OBR report headroom of £10bn or more against the stability rule?

Market probability
45.0%
Little changed over 24 hours
33 days until trading closes
Deadline: October 28, 2026 at 8:00 AM 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

Resolution. Resolves YES if the OBR's October 2026 Economic and fiscal outlook states a margin of £10.0 billion or more against the current budget (stability) rule in the rule's target year, after Budget measures, as printed in the outlook's executive summary.

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

Resolution. Resolves YES if the OBR's October 2026 Economic and fiscal outlook states a margin of £10.0 billion or more against the current budget (stability) rule in the rule's target year, after Budget measures, as printed in the outlook's executive summary. If it reports margins for more than one year, the target year named in the fiscal mandate governs. Resolution Foundation estimated about £5bn before any Budget measures on 7 September 2026. This market closes at 12:00 UTC on Budget day, before the speech and before the OBR publishes its forecast. 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, 6:22 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.

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
9Low
Where the price path tends to go next754 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
Macro / Fed
Venue
Manifold
Open interest
—
Current probability
45.0%
Resolves
Oct 28, 2026
Change (pts)1H0.06H0.024H0.07D0.0

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