Last October, agents were weighing up how the government's plans to cut winter fuel allowance would affect their businesses, and what a steep rise in National Insurance would mean for staffing costs, along with increases in minimum wages and pension contributions. Hays Travel quickly forecast a £6 million increase in business costs.

Shortly after the chancellor delivered her statement, Advantage Travel Partnership chief executive Julia Lo Bue-Said put the hit at £900 in extra costs per employee. Then in April, when the changes took effect, the Travel Network Group estimated the average agency would have to sell seven extra holidays to fund an additional £2,000 in costs.

This time last year, agents had a good two months to plan for peaks post-Budget, whether that was to increase headcount, up marketing spend – or even expand to additional premises.

However, they'll have barely a month to react this year. And already, several agents have told TTG they are pausing – or even pre-emptively reining in – their plans until Reeves has finished at the despatch box.

So we'd love to hear what your views are one month out from the second Reeves Budget – what are your expectations? What is giving you cause for concern? And what one thing would you like to see the chancellor do to alleviate the pressure on your finances, or improve the trading environment for agents.

Let us know your thoughts in the comments section below, or email feedback@ttgmedia.com.