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The October 2024 United Kingdom budget was delivered to the House of Commons by Rachel Reeves, the Chancellor of the Exchequer, on 30 October 2024. She is the inaugural female to present a UK Budget, marking the Labour Party's first Budget in over 14 years.
The Office for National Statistics said higher domestic energy bills pushed up consumer price inflation up to 2.3% in the year to October from the three-year low of 1.7% recorded the previous month.
The rate of price rises in the UK increased to 2.6 per cent in November, as a hike in tobacco duty and petrol costs drove inflation higher.. The Office for National Statistics (ONS) announced the ...
The UK government announces that legislation will be brought forward to ban sex offenders in England and Wales from changing their names to avoid detection. [415] 10 May The UK economy is reported to have moved out of recession, with 0.6% growth between January and March, the fastest rate for two years. [416]
However, inflation rose again in October, with latest CPI figure at 2.3 per cent. In the context of extremely volatile inflation in the past few years, the first few months of a Keir Starmer ...
The British government has responded in various ways such as grants, tax rebates, and subsidies to electricity and gas suppliers. In May 2024, the 12-Month CPI, which is the official measure of inflation in consumer prices in the United Kingdom, reduced to the official Bank of England target of 2%. [1]
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 .
December 19, 2024 at 6:56 AM UK interest rates have been held at 4.75% following a divided vote among Bank of England policymakers, as they weighed up concerns over a stagnating economy and ...