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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 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 ...
The UK government announces a scheme to offer failed asylum seekers £3,000 if they agree to move to Rwanda voluntarily. [203] The UK government announces a ban on foreign state ownership of British newspapers and news magazines following controversy over a potential purchase of The Telegraph by a consortium backed by the United Arab Emirates ...
The general recent trend for mortgage rates has been downward following the highs experienced two years ago in the wake of former prime minister Liz Truss’s disastrous mini-Budget