The Autumn 2024 United Kingdom budget will be delivered to the House of Commons by Rachel Reeves, the Chancellor of the Exchequer, in Autumn 2024. It will be the first budget presented by Reeves during her tenure as Chancellor, and the first Labour budget since Keir Starmer led the Labour to victory in the 2024 United Kingdom general election. It will also be the first Labour budget since March 2010.[1]
_(Tudor_Crown).svg) | |
| Presented | Autumn 2024 |
|---|---|
| Parliament | 59th |
| Party | Labour Party |
| Chancellor | Rachel Reeves |
Background
editThe Labour Party won a landslide victory in the 2024 general election, with Keir Starmer becoming Prime Minister and Rachel Reeves becoming Chancellor of the Exchequer. On 8 July 2024, Reeves gave her first statement as Chancellor, during which she revealed that the budget would be held later in the year, with a date to be confirmed.[2][3]
References
edit- ^ "UK politics live: Rachel Reeves to announce housebuilding targets in first speech as chancellor". BBC News. Retrieved 8 July 2024.
- ^ Emery, Ruth (5 July 2024). "When will Labour's first Budget happen?". moneyweekuk. Retrieved 8 July 2024.
- ^ "Chancellor Rachel Reeves is taking immediate action to fix the foundations of our economy". GOV.UK. 8 July 2024. Retrieved 16 July 2024.