Addressing the House of Commons, Chancellor Rachel Reeves used the 2024 Autumn Budget to ‘fix the foundations to deliver on the promise of change’.
Ms Reeves continued: ‘This government was given a mandate. To restore stability to our economy, to fix the foundations and deliver change. That is our task, and I know that we can achieve it. My belief in Britain burns brighter than ever.’
Responding to the Chancellor’s speech, Conservative Party Acting Leader Rishi Sunak said that the Autumn Budget ‘contains broken promise after broken promise’.
He continued: ‘The Budget sees the fiscal rules fiddled, borrowing increased by billions of pounds and inflation-busting handouts for the trade unions.
‘This is what happens when the Labour Party is led by people who have no experience of business. Relentlessly talking down our economy, delivering a tidal wave of anti-business regulations, destroying our flexible labour market and raising taxes to the highest level in our country’s history.’
Meanwhile, Carla Denyer, Co-leader of the Green Party, said that the Chancellor delivered ‘a Budget that gives with one hand and takes away with the other’.
31/10/2024
View all >
23/04/2025
Business confidence falls to two-year low
Data published by the Institute of Chartered Accountants in England and Wales (ICAEW) has revealed that business confidence has fallen to its lowest level in two years.
READ MORE
Petrol prices help lower inflation
Lower petrol prices helped to drive down UK inflation by more than expected in the year to March 2025, official data has revealed.
More parents finance child's house deposit
More parents are financing their children’s housing deposits, according to new research.
Sign up to keep in touch to receive our latest news and industry updates.
* *
Yes, I would like to receive email updates providing me with the latest finance news, advice guides and details of future events.