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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 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. Thus, the UK budget for financial year 2021 runs from 1 April 2021 to 31 March 2022 and is often referred to as 2021–22.
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 .
The Chancellor will present the Budget on October 30.
The budget involved £40 billion of tax rises from 2025 and £70 billion over the next 3 years to allow more spending and investment over the next 3 years. [14] [15] It was announced 2 days before that the minimum wage is to rise by 6.7% to £12.21 an hour. This was confirmed in the budget. [16] [17] [18]
The Chancellor will deliver a Budget next spring, the Treasury confirmed on Monday, as part of a move to settle the markets as the pound slumped to historic lows following Friday’s mini-budget.
Currently, one chunk of the government — from the Food and Drug Administration to the Energy and Transportation Departments — is funded only until Jan. 19, 2024, and would shut down on that ...
Until the passage of the Fixed-Term Parliaments Act in 2011, government shutdowns in the United Kingdom were impossible due to parliamentary convention.A government which could not command a majority in Parliament would be dismissed, either prior to the seating of Parliament when the Queen's Speech was voted down or later, when a vote of no confidence was tabled and passed, when a Finance Act ...