Red Winged Blackbird

by | Dec 20, 2017 | Blackbirds

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This article is part of
a series about
Rachel Reeves
Chancellorship (2024–present)
Family
Rachel Reeves's signature

The October 2024 United Kingdom budget will be delivered to the House of Commons by Rachel Reeves, the Chancellor of the Exchequer, on 30 October 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 general election. It will also be the first Labour budget since March 2010,[1] and the first budget to be announced by a female chancellor.[2]

Background

The 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.[3][4] On 29 July, Reeves confirmed 30 October as the date for the budget.[5]

References

  1. ^ "UK politics live: Rachel Reeves to announce housebuilding targets in first speech as chancellor". BBC News. Retrieved 8 July 2024.
  2. ^ Rachel Reeves: what could be in her Budget?
  3. ^ Emery, Ruth (5 July 2024). "When will Labour's first Budget happen?". moneyweekuk. Retrieved 8 July 2024.
  4. ^ "Chancellor Rachel Reeves is taking immediate action to fix the foundations of our economy". GOV.UK. 8 July 2024. Retrieved 16 July 2024.
  5. ^ Culbertson, Alix (29 July 2024). "Rachel Reeves announces first Labour government budget to take place in October". Sky News. Retrieved 29 July 2024.
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