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Labour won a landslide victory in the election, with Keir Starmer becoming Prime Minister and Rachel Reeves becoming Chancellor of the Exchequer. 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 ...
October 31, 2024 at 12:52 AM Rachel Reeves has announced Labour’s first Budget in 14 years , making history as the first female chancellor to lead the fiscal event.
Budget 2024: Rachel Reeves reveals £40bn in tax hikes and boost to NHS spending in historic speech. ... “The first Labour Budget in 15 years was an historic moment, and huge in both tax and ...
A sombre stage had been set for months before the new Labour government’s first Budget.The gloomy messaging began when Rachel Reeves unveiled told the Commons the public purse was facing a £ ...
On 29 July 2024, just over three weeks after gaining power in the 2024 general election, the new Labour government led by the new prime minister, Keir Starmer, announced plans to abolish the winter fuel payment for pensioners in England and Wales (these payments are the responsibility of the devolved governments in Northern Ireland and Scotland ...
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 ...
The Labour Party returned to power following a landslide victory in the 2024 general election, and in her Autumn budget statement, Chancellor of the Exchequer Rachel Reeves outlined that a forthcoming English Devolution Bill would include plans for "working with councils to move to simpler structures that make sense for their local areas ...
In October, Labour unveiled its first Budget in power with Rachel Reeves promising to “support people with the cost of living.” The chancellor confirmed that the national living wage would ...