Budget 2024 - Topics - LBC | LBC

Latest Budget 2024 News

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Almost half of mums reducing working hours as families struggle with childcare costs, LBC can reveal
Polling by Working Families suggests 60 per cent of families say their finances are stretched by nursery and childcare costs.
23/12/2024
Rachel Reeves tells businesses no more tax rises as she defends budget at CBI conference
Chancellor Rachel Reeves has said she would not be coming back with more borrowing or taxes, as she defended her budget at the annual CBI conference.
25/11/2024
Labour's Budget tax raid 'puts companies off hiring' as businesses fear they 'can't afford to take a chance'
The tax rises in Labour's Autumn Budget are putting companies off hiring, according to the UK's most prominent business group.
25/11/2024
Starmer admits UK's economic performance is 'not good enough' after economy shrinks in September
Sir Keir Starmer admitted the UK's economic performance is “not good enough” after figures showed there was little growth between July and September.
15/11/2024
Chancellor Rachel Reeves admits she was wrong to say she wouldn't have to raise taxes before election
The Chancellor has admitted she was "wrong" when she said she would not have to raise taxes before the election.
03/11/2024
Care homes and GPs could face closure under Labour tax plans, health leaders warn
GP practices and care homes could be forced to close under Labour’s new tax plans, health leaders claim.
01/11/2024
'Betrayed' farmers to protest over Labour's inheritance tax raid - as Chancellor insists changes are 'fair'
Farmers across the UK are furious after Labour announced changes to inheritance tax in the recent Budget.
01/11/2024
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As the dust settles on Rachel Reeves’ first Budget – all eyes are on farms and markets, writes Natasha Clark
We’ve become used to doom and gloom warnings from economists coming out of our ears in recent years, and as the dust settles on yesterday’s Budget, today was no exception.
31/10/2024
Private schools to sue over VAT raid on fees
The Independent Schools Council (ISC) is set to take legal action against the government over its planned VAT hike for private schools.
31/10/2024
Jeremy Clarkson and Kirstie Allsopp lead fury as farmers 'shafted' with inheritance tax raid
Jeremy Clarkson and Kirstie Allsopp have hit out at Rachel Reeves for "shafting" farmers in her Budget.
31/10/2024
Chancellor denies breaking promise on family farm inheritance tax as farmer says change 'could finish us'
Rachel Reeves has denied that hikes on agricultural relief mean she is breaking her promise to farmers, as she claimed the policy targets the 'wealthiest landowners.'
31/10/2024
'Labour should have been up front': Former Chancellor condemns ‘biggest tax-raising budget in history’
Former Conservative Chancellor Jeremy Hunt launched a scathing assault on Rachel Reeves' 'shock' Budget this morning, saying families face paying £8,000 more in taxes over the next four years.
31/10/2024
Chancellor admits Budget will hit workers’ pay - as ‘Brits to be left around £300 worse off’
Rachel Reeves has admitted the Budget is likely to hit workers' pay, as she defended the tens of billions in tax rises announced yesterday.
31/10/2024
'Historic injustice': 100,000 ex-miners who 'powered this country' to get £1.5bn kept from pensions for decades
The Government has announced moves to overturn an "historic injustice" involving the pensions of former mineworkers.
31/10/2024
‘I'm not going to tie my hands further': Rachel Reeves refuses to rule out more National Insurance hikes for employers
Rachel Reeves has refused to rule out further National Insurance hikes for employers.
30/10/2024