Bbc News Budget 2024 Live

Bbc News Budget 2024 Live. The chancellor's fiscal rule is that debt should be on track to fall in five years, and the obr does forecast that this will happen. Rachel reeves raises taxes by £40bn but there's good news.

Chancellor of the exchequer rachel reeves leaves 11 downing street, london, before delivering the budget in the houses of parliament, wednesday october 30, 2024. Chancellor rachel reeves has delivered labour’s first budget since 2010, after the party’s return to power in july’s general election.