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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 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 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 Chancellor said she will assess the ‘spending inheritance’ left behind and set a date for her first budget before the Commons summer recess.
Friday’s mini-budget had been hailed as “new era” for the UK by the chancellor, as the Government signalled the start of a new-look economic policy designed to attract investment and reverse ...
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 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]
Next’s warning came as the firm reported a better-than-expected 5.7 per cent rise in underlying full-price sales for its fourth quarter so far, and upped its full-year pre-tax profit outlook ...