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3.05 Newbury: 'I think it's going to be hard to beat Olly's horse first time out' - can Langer Dan deny Strong Leader in Long Distance Hurdle?

3.05 Newbury: 'I think it's going to be hard to beat Olly's horse first time out' - can Langer Dan deny Strong Leader in Long Distance Hurdle?

In focus: Oisin Murphy's participation in South Africa's richest race an example of a country returning to the world stage

In focus: Oisin Murphy's participation in South Africa's richest race an example of a country returning to the world stage

Taunton: 'I started to think I was never going to be able to do it' - amateur jockey David Maxwell rides out his claim

Taunton: 'I started to think I was never going to be able to do it' - amateur jockey David Maxwell rides out his claim

Thurles: Fil Dor justifies odds of 1-40 in match race after card is hit by non-runners

Thurles: Fil Dor justifies odds of 1-40 in match race after card is hit by non-runners

'He won with loads to spare and looked very good' - Tom Segal with two selections at Newbury on Friday

'He won with loads to spare and looked very good' - Tom Segal with two selections at Newbury on Friday

Members' Club tips

3.05 Newbury: 'I think it's going to be hard to beat Olly's horse first time out' - can Langer Dan deny Strong Leader in Long Distance Hurdle?

3.05 Newbury: 'I think it's going to be hard to beat Olly's horse first time out' - can Langer Dan deny Strong Leader in Long Distance Hurdle?

In focus: Oisin Murphy's participation in South Africa's richest race an example of a country returning to the world stage

In focus: Oisin Murphy's participation in South Africa's richest race an example of a country returning to the world stage

Taunton: 'I started to think I was never going to be able to do it' - amateur jockey David Maxwell rides out his claim

Taunton: 'I started to think I was never going to be able to do it' - amateur jockey David Maxwell rides out his claim

Thurles: Fil Dor justifies odds of 1-40 in match race after card is hit by non-runners

Thurles: Fil Dor justifies odds of 1-40 in match race after card is hit by non-runners

'He won with loads to spare and looked very good' - Tom Segal with two selections at Newbury on Friday

'He won with loads to spare and looked very good' - Tom Segal with two selections at Newbury on Friday

Members' Club tips

Charlie Deutsch primed for more big-race glory with Venetia Williams contender in Coral Gold Cup

Charlie Deutsch primed for more big-race glory with Venetia Williams contender in Coral Gold Cup

Ministers expect update on progress of levy reform discussions by the end of the year

Ministers expect update on progress of levy reform discussions by the end of the year

Racecourse bookmakers left 'angry and disappointed' by government's new statutory levy

Racecourse bookmakers left 'angry and disappointed' by government's new statutory levy

Racing Postcast: Newbury and Newcastle preview show with Graeme Rodway and Jonny Pearson

Racing Postcast: Newbury and Newcastle preview show with Graeme Rodway and Jonny Pearson

Racing Postcast

Nigel Twiston-Davies 'disappointed' after Grand National hope Beauport receives significant rise in the weights

Nigel Twiston-Davies 'disappointed' after Grand National hope Beauport receives significant rise in the weights

Nicky Richards in hospital after sustaining multiple injuries in gallops fall

Nicky Richards in hospital after sustaining multiple injuries in gallops fall

Confirmed runners and riders for the Coral Gold Cup and Fighting Fifth Hurdle

Confirmed runners and riders for the Coral Gold Cup and Fighting Fifth Hurdle

Popular Flat handicapper goes back over hurdles and a course specialist to note - Friday's punting pointers

Popular Flat handicapper goes back over hurdles and a course specialist to note - Friday's punting pointers

Race previewsMore previews

Exciting Paul Nicholls trio and select Long Distance Hurdle means Newbury card has a classy look to it

Exciting Paul Nicholls trio and select Long Distance Hurdle means Newbury card has a classy look to it

Newbury: Record jumps buy Regent's Stroll set for hurdles debut as Paul Nicholls unleashes exciting young prospects

Newbury: Record jumps buy Regent's Stroll set for hurdles debut as Paul Nicholls unleashes exciting young prospects

1.55 Newbury: 'He's very exciting and he's made to be a chaser' - top prospects meet in novice chase with a high-class roll of honour

1.55 Newbury: 'He's very exciting and he's made to be a chaser' - top prospects meet in novice chase with a high-class roll of honour

2.30 Newbury: 'He's very good around Newbury and two and a half miles on soft ground is absolutely ideal for him'

2.30 Newbury: 'He's very good around Newbury and two and a half miles on soft ground is absolutely ideal for him'

Horse racing tipsMore racing tips

Paul Kealy has struck with a 3-1 winner on Thursday and has a selection still to run

Paul Kealy has struck with a 3-1 winner on Thursday and has a selection still to run

Members' Club tips

Paul Kealy's play of the day at Newbury

Paul Kealy's play of the day at Newbury

The Punt Acca: Harry Wilson looks to follow two winners on Thursday with three tips from Newbury and Musselburgh

The Punt Acca: Harry Wilson looks to follow two winners on Thursday with three tips from Newbury and Musselburgh

Free horse racing tips for Friday, November 29 at Newbury, Doncaster and Musselburgh

Free horse racing tips for Friday, November 29 at Newbury, Doncaster and Musselburgh

More news

Racing charities on to a winner as Newmarket's Henry Cecil Open Weekend raises record funds

Racing charities on to a winner as Newmarket's Henry Cecil Open Weekend raises record funds

Amo Racing expected to take over at Freemason Lodge next year with Raphael Freire set for Newmarket switch

Amo Racing expected to take over at Freemason Lodge next year with Raphael Freire set for Newmarket switch

'He’s spent a lot of money so we’re hoping we’re in for a good year' - footballer Ryan Kent strikes again at Tattersalls with 200,000gns Mehmas filly

'He’s spent a lot of money so we’re hoping we’re in for a good year' - footballer Ryan Kent strikes again at Tattersalls with 200,000gns Mehmas filly

Kyle Clifford appears in court over murder of commentator John Hunt's wife and two daughters

Kyle Clifford appears in court over murder of commentator John Hunt's wife and two daughters

Features and opinionMore opinion

Outstanding weekend highlights prove that change is good - even if it wasn't quite a revolution

Outstanding weekend highlights prove that change is good - even if it wasn't quite a revolution

Richard Forristal

How a stroll down a Dublin street provided the 'missing link' at the National Horse Racing Museum

How a stroll down a Dublin street provided the 'missing link' at the National Horse Racing Museum

Postcard from Newmarket

Last season's novices look a stellar bunch - the 2025 Cheltenham Gold Cup now has all the hallmarks of a potential classic

Last season's novices look a stellar bunch - the 2025 Cheltenham Gold Cup now has all the hallmarks of a potential classic

Cheltenham Festival handicaps should all have qualifiers - that's how you fix the rest of the jumps season

Cheltenham Festival handicaps should all have qualifiers - that's how you fix the rest of the jumps season

Ante-post PricewiseMore ante-post tips

'There is no way he will start at 20-1' – Tom Segal with his ante-post advice for the King George

'There is no way he will start at 20-1' – Tom Segal with his ante-post advice for the King George

Ante-post Pricewise

Big-race trends: key stats to help you find the winner of the Ladbrokes King George VI Chase

Big-race trends: key stats to help you find the winner of the Ladbrokes King George VI Chase

Ante-post Pricewise

'He definitely needed his comeback run and he's on track' - trainers on their King George hopefuls

'He definitely needed his comeback run and he's on track' - trainers on their King George hopefuls

Ante-post Pricewise

Racing Post Members' Club: 50% off your first three months

Racing Post Members' Club: 50% off your first three months

Stable Tours

Jumps Stable Tours 24-25

'He could make it right to the very top over fences’ - Willie Mullins’ exclusive horse-by-horse guide to his extraordinary team

'He could make it right to the very top over fences’ - Willie Mullins’ exclusive horse-by-horse guide to his extraordinary team

Racing Post Members' Club: 50% off your first three months

Racing Post Members' Club: 50% off your first three months

‘I’m sure there’s lots more to come from him - some of his work last season reminded me of Master Minded’

‘I’m sure there’s lots more to come from him - some of his work last season reminded me of Master Minded’

'We'll find him one more race with a view to stepping up into Grade 1 company - I think he's really useful'

'We'll find him one more race with a view to stepping up into Grade 1 company - I think he's really useful'

'He has enormous potential and really is the most gorgeous big horse - he'll go novice chasing and he should be top-class'

'He has enormous potential and really is the most gorgeous big horse - he'll go novice chasing and he should be top-class'

'He could make it right to the very top over fences’ - Willie Mullins’ exclusive horse-by-horse guide to his extraordinary team

'He could make it right to the very top over fences’ - Willie Mullins’ exclusive horse-by-horse guide to his extraordinary team

Racing Post Members' Club: 50% off your first three months

Racing Post Members' Club: 50% off your first three months

‘I’m sure there’s lots more to come from him - some of his work last season reminded me of Master Minded’

‘I’m sure there’s lots more to come from him - some of his work last season reminded me of Master Minded’

'We'll find him one more race with a view to stepping up into Grade 1 company - I think he's really useful'

'We'll find him one more race with a view to stepping up into Grade 1 company - I think he's really useful'

'He has enormous potential and really is the most gorgeous big horse - he'll go novice chasing and he should be top-class'

'He has enormous potential and really is the most gorgeous big horse - he'll go novice chasing and he should be top-class'

Top Stories

3.05 Newbury: 'I think it's going to be hard to beat Olly's horse first time out' - can Langer Dan deny Strong Leader in Long Distance Hurdle?

3.05 Newbury: 'I think it's going to be hard to beat Olly's horse first time out' - can Langer Dan deny Strong Leader in Long Distance Hurdle?

In focus: Oisin Murphy's participation in South Africa's richest race an example of a country returning to the world stage

In focus: Oisin Murphy's participation in South Africa's richest race an example of a country returning to the world stage

Taunton: 'I started to think I was never going to be able to do it' - amateur jockey David Maxwell rides out his claim

Taunton: 'I started to think I was never going to be able to do it' - amateur jockey David Maxwell rides out his claim

Thurles: Fil Dor justifies odds of 1-40 in match race after card is hit by non-runners

Thurles: Fil Dor justifies odds of 1-40 in match race after card is hit by non-runners

'He won with loads to spare and looked very good' - Tom Segal with two selections at Newbury on Friday

'He won with loads to spare and looked very good' - Tom Segal with two selections at Newbury on Friday

Members' Club tips

3.05 Newbury: 'I think it's going to be hard to beat Olly's horse first time out' - can Langer Dan deny Strong Leader in Long Distance Hurdle?

3.05 Newbury: 'I think it's going to be hard to beat Olly's horse first time out' - can Langer Dan deny Strong Leader in Long Distance Hurdle?

In focus: Oisin Murphy's participation in South Africa's richest race an example of a country returning to the world stage

In focus: Oisin Murphy's participation in South Africa's richest race an example of a country returning to the world stage

Taunton: 'I started to think I was never going to be able to do it' - amateur jockey David Maxwell rides out his claim

Taunton: 'I started to think I was never going to be able to do it' - amateur jockey David Maxwell rides out his claim

Thurles: Fil Dor justifies odds of 1-40 in match race after card is hit by non-runners

Thurles: Fil Dor justifies odds of 1-40 in match race after card is hit by non-runners

'He won with loads to spare and looked very good' - Tom Segal with two selections at Newbury on Friday

'He won with loads to spare and looked very good' - Tom Segal with two selections at Newbury on Friday

Members' Club tips

Charlie Deutsch primed for more big-race glory with Venetia Williams contender in Coral Gold Cup

Charlie Deutsch primed for more big-race glory with Venetia Williams contender in Coral Gold Cup

Ministers expect update on progress of levy reform discussions by the end of the year

Ministers expect update on progress of levy reform discussions by the end of the year

Racecourse bookmakers left 'angry and disappointed' by government's new statutory levy

Racecourse bookmakers left 'angry and disappointed' by government's new statutory levy

Racing Postcast: Newbury and Newcastle preview show with Graeme Rodway and Jonny Pearson

Racing Postcast: Newbury and Newcastle preview show with Graeme Rodway and Jonny Pearson

Racing Postcast

Nigel Twiston-Davies 'disappointed' after Grand National hope Beauport receives significant rise in the weights

Nigel Twiston-Davies 'disappointed' after Grand National hope Beauport receives significant rise in the weights

Nicky Richards in hospital after sustaining multiple injuries in gallops fall

Nicky Richards in hospital after sustaining multiple injuries in gallops fall

Confirmed runners and riders for the Coral Gold Cup and Fighting Fifth Hurdle

Confirmed runners and riders for the Coral Gold Cup and Fighting Fifth Hurdle

Popular Flat handicapper goes back over hurdles and a course specialist to note - Friday's punting pointers

Popular Flat handicapper goes back over hurdles and a course specialist to note - Friday's punting pointers

Race previewsMore previews

Exciting Paul Nicholls trio and select Long Distance Hurdle means Newbury card has a classy look to it

Exciting Paul Nicholls trio and select Long Distance Hurdle means Newbury card has a classy look to it

Newbury: Record jumps buy Regent's Stroll set for hurdles debut as Paul Nicholls unleashes exciting young prospects

Newbury: Record jumps buy Regent's Stroll set for hurdles debut as Paul Nicholls unleashes exciting young prospects

1.55 Newbury: 'He's very exciting and he's made to be a chaser' - top prospects meet in novice chase with a high-class roll of honour

1.55 Newbury: 'He's very exciting and he's made to be a chaser' - top prospects meet in novice chase with a high-class roll of honour

2.30 Newbury: 'He's very good around Newbury and two and a half miles on soft ground is absolutely ideal for him'

2.30 Newbury: 'He's very good around Newbury and two and a half miles on soft ground is absolutely ideal for him'

Horse racing tipsMore racing tips

Paul Kealy has struck with a 3-1 winner on Thursday and has a selection still to run

Paul Kealy has struck with a 3-1 winner on Thursday and has a selection still to run

Members' Club tips

Paul Kealy's play of the day at Newbury

Paul Kealy's play of the day at Newbury

The Punt Acca: Harry Wilson looks to follow two winners on Thursday with three tips from Newbury and Musselburgh

The Punt Acca: Harry Wilson looks to follow two winners on Thursday with three tips from Newbury and Musselburgh

Free horse racing tips for Friday, November 29 at Newbury, Doncaster and Musselburgh

Free horse racing tips for Friday, November 29 at Newbury, Doncaster and Musselburgh

More news

Racing charities on to a winner as Newmarket's Henry Cecil Open Weekend raises record funds

Racing charities on to a winner as Newmarket's Henry Cecil Open Weekend raises record funds

Amo Racing expected to take over at Freemason Lodge next year with Raphael Freire set for Newmarket switch

Amo Racing expected to take over at Freemason Lodge next year with Raphael Freire set for Newmarket switch

'He’s spent a lot of money so we’re hoping we’re in for a good year' - footballer Ryan Kent strikes again at Tattersalls with 200,000gns Mehmas filly

'He’s spent a lot of money so we’re hoping we’re in for a good year' - footballer Ryan Kent strikes again at Tattersalls with 200,000gns Mehmas filly

Kyle Clifford appears in court over murder of commentator John Hunt's wife and two daughters

Kyle Clifford appears in court over murder of commentator John Hunt's wife and two daughters

Features and opinionMore opinion

Outstanding weekend highlights prove that change is good - even if it wasn't quite a revolution

Outstanding weekend highlights prove that change is good - even if it wasn't quite a revolution

Richard Forristal

How a stroll down a Dublin street provided the 'missing link' at the National Horse Racing Museum

How a stroll down a Dublin street provided the 'missing link' at the National Horse Racing Museum

Postcard from Newmarket

Last season's novices look a stellar bunch - the 2025 Cheltenham Gold Cup now has all the hallmarks of a potential classic

Last season's novices look a stellar bunch - the 2025 Cheltenham Gold Cup now has all the hallmarks of a potential classic

Cheltenham Festival handicaps should all have qualifiers - that's how you fix the rest of the jumps season

Cheltenham Festival handicaps should all have qualifiers - that's how you fix the rest of the jumps season

Ante-post PricewiseMore ante-post tips

'There is no way he will start at 20-1' – Tom Segal with his ante-post advice for the King George

'There is no way he will start at 20-1' – Tom Segal with his ante-post advice for the King George

Ante-post Pricewise

Big-race trends: key stats to help you find the winner of the Ladbrokes King George VI Chase

Big-race trends: key stats to help you find the winner of the Ladbrokes King George VI Chase

Ante-post Pricewise

'He definitely needed his comeback run and he's on track' - trainers on their King George hopefuls

'He definitely needed his comeback run and he's on track' - trainers on their King George hopefuls

Ante-post Pricewise

Racing Post Members' Club: 50% off your first three months

Racing Post Members' Club: 50% off your first three months

Stable Tours

Jumps Stable Tours 24-25

'He could make it right to the very top over fences’ - Willie Mullins’ exclusive horse-by-horse guide to his extraordinary team

'He could make it right to the very top over fences’ - Willie Mullins’ exclusive horse-by-horse guide to his extraordinary team

Racing Post Members' Club: 50% off your first three months

Racing Post Members' Club: 50% off your first three months

‘I’m sure there’s lots more to come from him - some of his work last season reminded me of Master Minded’

‘I’m sure there’s lots more to come from him - some of his work last season reminded me of Master Minded’

'We'll find him one more race with a view to stepping up into Grade 1 company - I think he's really useful'

'We'll find him one more race with a view to stepping up into Grade 1 company - I think he's really useful'

'He has enormous potential and really is the most gorgeous big horse - he'll go novice chasing and he should be top-class'

'He has enormous potential and really is the most gorgeous big horse - he'll go novice chasing and he should be top-class'

'He could make it right to the very top over fences’ - Willie Mullins’ exclusive horse-by-horse guide to his extraordinary team

'He could make it right to the very top over fences’ - Willie Mullins’ exclusive horse-by-horse guide to his extraordinary team

Racing Post Members' Club: 50% off your first three months

Racing Post Members' Club: 50% off your first three months

‘I’m sure there’s lots more to come from him - some of his work last season reminded me of Master Minded’

‘I’m sure there’s lots more to come from him - some of his work last season reminded me of Master Minded’

'We'll find him one more race with a view to stepping up into Grade 1 company - I think he's really useful'

'We'll find him one more race with a view to stepping up into Grade 1 company - I think he's really useful'

'He has enormous potential and really is the most gorgeous big horse - he'll go novice chasing and he should be top-class'

'He has enormous potential and really is the most gorgeous big horse - he'll go novice chasing and he should be top-class'

Race reports More reports

Lingfield: Nicky Henderson and Nico de Boinville continue red-hot runs with debut success of Holloway Queen

Lingfield: Nicky Henderson and Nico de Boinville continue red-hot runs with debut success of Holloway Queen

Lingfield: Nicky Henderson and Nico de Boinville continue red-hot runs with debut success of Holloway Queen

Lingfield: Nicky Henderson and Nico de Boinville continue red-hot runs with debut success of Holloway Queen

Musselburgh: who let the dogs out? Two surprise runners gatecrash juvenile maiden hurdle

Musselburgh: who let the dogs out? Two surprise runners gatecrash juvenile maiden hurdle

Dundalk: course form counts for plenty as Ado McGuinness and Gavin Cromwell land doubles

Dundalk: course form counts for plenty as Ado McGuinness and Gavin Cromwell land doubles

Market Rasen: 'It was still up in the air until this morning' - Marsh Wren defies foot abscess and step up in trip to make winning return

Market Rasen: 'It was still up in the air until this morning' - Marsh Wren defies foot abscess and step up in trip to make winning return

PreviewsMore previews

Newbury: Record jumps buy Regent's Stroll set for hurdles debut as Paul Nicholls unleashes exciting young prospects

Newbury: Record jumps buy Regent's Stroll set for hurdles debut as Paul Nicholls unleashes exciting young prospects

1.55 Newbury: 'He's very exciting and he's made to be a chaser' - top prospects meet in novice chase with a high-class roll of honour

1.55 Newbury: 'He's very exciting and he's made to be a chaser' - top prospects meet in novice chase with a high-class roll of honour

2.30 Newbury: 'He's very good around Newbury and two and a half miles on soft ground is absolutely ideal for him'

2.30 Newbury: 'He's very good around Newbury and two and a half miles on soft ground is absolutely ideal for him'

BritainMore British racing news

Newbury in 'strong position' for Coral Gold Cup fixture as ticket sales expected to surpass last year

Newbury in 'strong position' for Coral Gold Cup fixture as ticket sales expected to surpass last year

Kyle Clifford appears in court over murder of commentator John Hunt's wife and two daughters

Kyle Clifford appears in court over murder of commentator John Hunt's wife and two daughters

Racing charities on to a winner as Newmarket's Henry Cecil Open Weekend raises record funds

Racing charities on to a winner as Newmarket's Henry Cecil Open Weekend raises record funds

Amo Racing expected to take over at Freemason Lodge next year with Raphael Freire set for Newmarket switch

Amo Racing expected to take over at Freemason Lodge next year with Raphael Freire set for Newmarket switch

IrelandMore Irish racing news

Could a trip to Britain be next for Ballyburn after Willie Mullins laments loss of Leopardstown's Racing Post Novice Chase?

Could a trip to Britain be next for Ballyburn after Willie Mullins laments loss of Leopardstown's Racing Post Novice Chase?

Fairyhouse hero Intense Raffles to be campaigned over hurdles - but Aintree still the target for Grand National second favourite

Fairyhouse hero Intense Raffles to be campaigned over hurdles - but Aintree still the target for Grand National second favourite

Gaelic Warrior set for Champion Chase campaign - as Willie Mullins plans discussions over Fact To File King George bid

Gaelic Warrior set for Champion Chase campaign - as Willie Mullins plans discussions over Fact To File King George bid

Fastorslow could be added to wide-open King George after Willie Mullins withdrawals cause ante-post shake-up

Fastorslow could be added to wide-open King George after Willie Mullins withdrawals cause ante-post shake-up

InternationalMore international news

Goliath's owner makes renewed call for Arc to be opened up to geldings as he plots campaign 'on a global scale' for star next season

Goliath's owner makes renewed call for Arc to be opened up to geldings as he plots campaign 'on a global scale' for star next season

Prix de l'Arc de Triomphe

'An incredible journey' - Auguste Rodin given post-racing farewell by 15,000 Japanese racing fans

'An incredible journey' - Auguste Rodin given post-racing farewell by 15,000 Japanese racing fans

'There was no way he was going to lose' - local heroes Yutaka Take and Do Deuce strike in Japan Cup with Auguste Rodin eighth

'There was no way he was going to lose' - local heroes Yutaka Take and Do Deuce strike in Japan Cup with Auguste Rodin eighth

Signing autographs in the streets and Marquand mania - a day in the wacky world of Japanese racing fans

Signing autographs in the streets and Marquand mania - a day in the wacky world of Japanese racing fans

OpinionMore opinion

Last season's novices look a stellar bunch - the 2025 Cheltenham Gold Cup now has all the hallmarks of a potential classic

Tom Segal

Last season's novices look a stellar bunch - the 2025 Cheltenham Gold Cup now has all the hallmarks of a potential classic

Last season's novices look a stellar bunch - the 2025 Cheltenham Gold Cup now has all the hallmarks of a potential classic

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Richard ForristalOutstanding weekend highlights prove that change is good - even if it wasn't quite a revolution

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Richard Forristal

Paul Kealy'I'm mightily tempted each-way at 40-1' - Paul Kealy with five selections for Saturday's racing

Mark HolderGalopin Des Champs has finally met his match - and I can see the Gold Cup favourite getting shorter by March

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InterviewsMore interviews

‘It was worth all the abuse’ - meet the jockey who overcame bullying and misogyny to make racing history

‘It was worth all the abuse’ - meet the jockey who overcame bullying and misogyny to make racing history

'People could only tell us apart by our boots' - meet the teenage riding sensations who have racing fans seeing double

'People could only tell us apart by our boots' - meet the teenage riding sensations who have racing fans seeing double

'It was devastating – but as a leader you've got to stand up, pick everyone else up and take them forward with you'

'It was devastating – but as a leader you've got to stand up, pick everyone else up and take them forward with you'

'Louder and prouder' - meet the new gambling chief determined to spell out the positives of the industry

'Louder and prouder' - meet the new gambling chief determined to spell out the positives of the industry

On The MoneyMore industry news

A stark warning for British racing as vested interests continue to undermine progress

A stark warning for British racing as vested interests continue to undermine progress

Racing is losing precious time as the Jockey Club's search for a leader suffers major blow

Racing is losing precious time as the Jockey Club's search for a leader suffers major blow

Kneejerk reaction to Gambling Commission report from opportunistic critics was all too predictable

Kneejerk reaction to Gambling Commission report from opportunistic critics was all too predictable

Bookmakers will have breathed a sigh of relief after the budget - but it may only be a temporary reprieve

Bookmakers will have breathed a sigh of relief after the budget - but it may only be a temporary reprieve