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 >
03/03/2026
Government urged to scrap ‘holiday tax’
Over 200 hospitality and leisure CEOs have urged the government to scrap plans for a Visitor Levy in England.
READ MORE
ERA risks being a handbrake on hiring
More than a third of UK employers plan to reduce the recruitment of permanent staff due to the Employment Rights Act’s (ERA) reforms, says the Chartered Institute of Personnel and Development (CIPD).
Advisory fuel rates for company cars
New company car advisory fuel rates have been published and took effect from 1 March 2026.
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.