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3 days ago · The rise would mean the standard allowance, for a single person aged under 25, is expected go up by £5.30 a month to about £317. For a couple aged over 25, the rise is likely to be £10.50 to £ ...
3 days ago · What does the Budget mean for the UK? Published on 31 October 2024. We discuss the Chancellor's first Budget and what impact the changes could have.
4 days ago · The national living wage will rise from April, boosting the pay of millions of workers, the chancellor has confirmed. Delivering her first budget, Rachel Reeves confirmed a 6.7% rise to the base pay rate, telling MPs it will be worth £1,400 a year for an eligible full-time worker over the age of 21 ...
3 days ago · On 30 October 2024 Chancellor Rachel Reeves delivered the hotly anticipated first Budget of the new Labour Government after 14 years of Conservative rule. The overall message was one of “invest, invest, invest”. A significant change in the Government’s fiscal accounting rules aims to unlock funds for investment to boost growth, with additional resources to be directed primarily toward ...
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2 days ago · In a live Q&A on the Markets Today blog, we asked experts from around the newsroom for their analysis of UK Chancellor Rachel Reeves’s first budget.
3 days ago · The Bank of England’s inflation target will be maintained at 2%, with inflation now forecast to be 2.5% this year and 2.6% next year. Reeves also shared growth figures that show GDP will increase 1.1% in 2024 and up 2% in 2025.
