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On 8 July, Reeves gave her first statement as Chancellor, [5] [6] and on 29 July she confirmed 30 October as the date for the budget. [7] [8] It is the first budget presented by Reeves during her tenure as Chancellor. It also is the first Labour budget since March 2010, [9] and the first budget to be announced by a female chancellor. [10]
Since autumn 2017 the United Kingdom budget typically takes place in the Autumn in order to allow major tax changes to occur annually, well before the start of the fiscal year. [2] The most recent budget was presented by Rachel Reeves on 30 October 2024. The UK fiscal year ends on 5 April each year. The financial year ends on 31 March of each year.
The October 2024 United Kingdom budget presented by Rachel Reeves Topics referred to by the same term This disambiguation page lists articles associated with the title 2024 United Kingdom budget .
Rachel Reeves Budget measures mean that by 2028 weekly wages will have grown by £13 pounds over the last twenty years, an economic think-tank has said.. The Resolution Foundation has warned that ...
The Chancellor said she will assess the ‘spending inheritance’ left behind and set a date for her first budget before the Commons summer recess.
The March 2024 United Kingdom budget was delivered to the House of Commons by Jeremy Hunt, the Chancellor of the Exchequer, on 6 March 2024. [1] [2] It was the second budget presented by Hunt since his appointment as Chancellor, the last to be delivered during his tenure as chancellor and the last budget to be presented by the Conservative government of Rishi Sunak before the party was ...
In the weeks before the Budget, a cross-party alliance of 30 MPs and peers called for a tax on “extreme wealth”. In a letter to the chancellor, they demand a new 2 per cent tax on assets worth ...
MSPs vote 68–55 in favour of the 2024 Scottish budget, which includes a council tax freeze and 45% and 48% income tax rates for higher earners. [162] Fergus Ewing loses his appeal against a week-long suspension from the SNP group at Holyrood in September 2023 after he criticised the party leadership. [163]