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1. • • Over the next two years, yes. But the UK's official independent forecaster's verdict is that all the measures in the Budget do not boost the economy in the next three to five years.
     www.bbc.co.uk/news/articles/cqj0vy1gr9yo

     UK economy: Where is the growth in this Budget? - BBC News

2. People also ask

   Will the budget boost the economy in the next two years?

   • Over the next two years, yes. But the UK's official independent forecaster's verdict is that all the measures in the Budget do not boost the economy in the next three to five years. The National Insurance rise for employers weighs down disposable income and will likely hit private investment.

   Where is the growth in Reeves' 'Budget for growth'?

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   Is the budget a 'budget for growth'?

   • Chancellor Rachel Reeves repeatedly called this a "Budget for growth". Is it? Over the next two years, yes. But the UK's official independent forecaster's verdict is that all the measures in the Budget do not boost the economy in the next three to five years.

   Where is the growth in Reeves' 'Budget for growth'?

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   Is the UK budget a massive budget?

   • And make no mistake, this is a massive Budget in every way. The spending bump, £70bn a year, amounts to 2% of total UK economic output and brings the size of the British state close to European levels. This is half funded by one of the biggest tax raising budgets outside of a recession and half by a significant increase in borrowing.

   Where is the growth in Reeves' 'Budget for growth'?

   www.bbc.co.uk/news/articles/cqj0vy1gr9yo

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   How will the budget affect real GDP?

   • Budget impact on real GDP by measure Over the next five years, the OBR forecasts that the new measures will constrain the supply side slightly, with a negative effect of 0.1 per cent of GDP by 2029-30. But this is mainly because the capacity additions from higher investment spending are not expected to come on steam until later.

   The UK Budget in five charts: Reeves limits BoE space for rate cuts

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   What is a budget statement?

   • Each year, the chancellor of the exchequer - who is in charge of the government's finances - makes a Budget statement to MPs in the House of Commons. The speech outlines the government's plans for raising or lowering taxes. It also includes big decisions about spending on health, schools, police and other public services.

   When is the Budget and what might be in it? - BBC News

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   Will the budget affect policy?

   • We envisage the BoE will say the Budget was a fiscal easing and inflationary at the margin. But we do not expect it to affect policy significantly. On balance, we expect cuts in UK rates in November and December and four further cuts in 2025, ending the year at 3.5 per cent by then.

   The UK Budget in five charts: Reeves limits BoE space for rate cuts

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3. www.gov.uk › government › publicationsAutumn Budget 2024 (HTML) - GOV.UK

   www.gov.uk › government › publications

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   3 days ago · The OBR’s economy forecast closed to new data on 18 September. ... The current budget deficit is forecast to be £55.5 billion in 2024-25. ... while net financial debt does include the value of ...

4. Top stories

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     What do Reeves' colossal Budget tax changes mean for the economy? | ITV News

     ITV News Economics Editor Joel Hills breaks down the ramifications of the tax decisions taken by Rachel Reeves in her first Budget as chancellor. | ITV National News

     ITV.com

     3 days ago

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     The Independent

     Budget 2024: Rachel Reeves reveals £40bn in tax hikes and boost to NHS spending in historic speech

     3 days ago

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     The Sun

     State pension to rise by up to £473 as Rachel Reeves confirms Budget changes

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     The Independent

     What does the Air Passenger Duty increase mean for cheap flights?

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   • Gulf News

     Israel's 2025 budget allocates more for military, less on growth

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     The Budget: Winners and losers

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5. www.ig.com › uk › news-and-trade-ideasUK Budget 2024: what you need to know about the major ... - IG

   www.ig.com › uk › news-and-trade-ideas

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   3 days ago · The government has committed to over £100 billion in additional capital spending over five years, marking the largest public investment programme since 2008. This could create new opportunities for share investing. Economic growth is forecast at 1.1% in 2024, rising to 2.0% in 2025. These projections could influence trading decisions across ...

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     investopedia.com

     What Is a Budget? Plus 11 Budgeting Myths Holding You Back

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7. www.bbc.co.uk › news › articlesUK economy: Where is the growth in this Budget? - BBC News

   www.bbc.co.uk › news › articles

   3 days ago · And make no mistake, this is a massive Budget in every way. The spending bump, £70bn a year, amounts to 2% of total UK economic output and brings the size of the British state close to European ...

8. commonslibrary.parliament.uk › autumn-budget-2024Autumn Budget 2024 - House of Commons Library

   commonslibrary.parliament.uk › autumn-budget-2024

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   The UK economy: a dashboard. This interactive dashboard shows data on economic growth, inflation, trade, employment, government borrowing and debt across the UK. The Chancellor delivered the government’s first Budget in the Commons on 30 October. Find impartial research, data and analysis from the House of Commons Library.

9. www.gov.uk › government › newsChancellor chooses a Budget to rebuild Britain - GOV.UK

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   3 days ago · By repairing the public finances and restoring economic stability, the Budget delivers on a new settlement for public services, increasing day to day spending for public services by 3.3% on ...

10. www.bbc.co.uk › news › articlesBudget 2024 summary: Key points from Rachel Reeves’s speech

    www.bbc.co.uk › news › articles

    Sep 18, 2024 · Office for Budget Responsibility (OBR) predicts the UK economy will grow by 1.1% this year, 2% next year, and 1.8% in 2026

11. www.ft.com › content › 6f03ce22-5aad-4ccc-aed0-06a3The UK Budget in five charts: Reeves limits BoE space for ...

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    3 days ago · UK disinflation is progressing well. And the OBR’s forecast for the Bank of England’s policy rate still suggests a significant easing in 2024 and 2025. The OBR’s new forecasts for the BoE ...