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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 ...
Rachel Reeves has announced Labour’s first Budget in 14 years, ... Rachel Reeves makes Budget speech, 30 October 2024 (PRU/AFP via Getty Images) ... There is a tax-free allowance of £3,000.
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 ...
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 ...
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 ...
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 £ ...
Change is a political manifesto published in 2024 by the British Labour Party under the leadership of Sir Keir Starmer.The manifesto sets out the party's new approach to policy, ahead of their successful campaign in the 2024 general election, in which they won a landslide victory.
Dave Ramsden, deputy governor for markets and banking, was speaking after the Bank cut rates by a quarter point earlier in November.