by Jasmine Griffiths | Nov 1, 2024 | News
This year’s Autumn Budget 2024 was one of the most anticipated in recent history, addressing complex challenges such as improving strained public services, increasing public investment, and meeting pre-election commitments to keep tax rates steady. This briefing note...
by Jasmine Griffiths | Nov 1, 2024 | News
Over 3 million workers will receive a pay boost after the Chancellor confirmed the National Living Wage will increase from £11.44 to £12.21 an hour from April 2025. The 6.7% increase – which is worth £1,400 a year for an eligible full-time worker – is a significant...
by Jasmine Griffiths | Nov 1, 2024 | News
The Chancellor of the Exchequer presented her Autumn Budget to Parliament on Wednesday 30 October 2024. HM Treasury has released the full Autumn Budget 2024 with supporting and related documents. Click here for more and here for a government breakdown of the 5 things...
by Jasmine Griffiths | Nov 1, 2024 | News
The first steps in the Work and Pensions Secretary’s plan to drive up opportunity and drive down poverty across the UK were unveiled in the Government Budget. As the department shifts its focus from welfare to work, a £240 million package will open up opportunities to...
by Jasmine Griffiths | Oct 28, 2024 | News
In this briefing note, Resolution Foundation put the big decisions faced by Chancellor in the new Government’s pivotal first Budget into context, discussing the new – and old – spending pressures faced, how the economic outlook has changed, and what all means for the...