2024 Budget Proposal Uk. Chancellor of the exchequer rachel reeves has set the date of labour's first budget for wednesday 30 october, and has indicated some areas where the axe will fall in order to plug a £22bn black hole in the government's accounts. Chancellor delivers lower taxes, more investment and better public services in ‘budget for long term growth’.

Commentary on 6 march, 2024. The proposal has already been much criticised as accounting “jiggery.