Autumn Budget 2024: Key Insights and Changes
The Autumn Budget 2024, presented by Chancellor Rachel Reeves on October 30th, marks a pivotal moment in shaping the UK’s economic future.
As Labour’s first budget since 2010, it lays out a roadmap for long-term economic stability, growth, and support for working people, while addressing critical issues such as the cost of living, pensions, taxation, and public services.
From increases in the National Minimum Wage and state pensions to significant investments in housing, education, and green energy, this budget reflects a commitment to tackling pressing challenges and fostering a decade of national renewal.
Key highlights include:
- A rise in the National Minimum Wage to £12.21 in April 2025.
- Continued commitment to the pension triple lock, with a 4.1% state pension increase.
- Changes to Capital Gains Tax and inheritance tax thresholds.
- Investments in housing, green energy, and transport infrastructure.
For a comprehensive breakdown of all announcements and their implications, we’ve compiled the full details in our Autumn Budget 2024 Guide.
Download the full PDF here to stay informed about the changes that matter most to you and your financial future.
