The Chancellor Rachel Reeves will deliver her first budget on 30 October 2024. The Prime Minister has already warned the country that “it’s going to be painful” after claiming that the new Government has discovered £22 billion of overspending in the UK’s finances.
Sir Keir Starmer’s government came to power on a manifesto promising a “plan to kickstart economic growth by reforming Britain’s economy”. Having ruled out increases to income tax, national insurance, corporation tax and VAT they are constrained in how they fill those spending gaps and fund their plans for growth.
Experts from across Grant Thornton will be sharing their thoughts on what to expect in the run-up to the Budget and will help you manage the coming “pain” with insight and analysis of what’s announced.
