News in Review Wednesday 6th November 2024
Rachel Reeves delivered the first Labour Budget in 14 years on 30 October, during which she announced £40bn of tax rises. She outlined a series of new tax and spending measures, some of which had been widely trailed prior to Budget day, saying, “This government was given a mandate to restore stability to our economy and to begin a decade of national renewal, to fix the foundations and deliver change… that is our task.”
