March 6, 2024
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6:47Now PlayingUK Chancellor Jeremy Hunt has unveiled the contents of this year's Budget.
Among the measures announced was a cut in the rate of National Insurance, paid by 27 million employees across the UK, and also an increase to the child benefit threshold from £50,000 to £60,000.
Labour leader Keir Starmer has called the Budget a "last desperate act" with people paying "more and more for less and less".
New official forecasts say the UK government will collect 37.1p per pound of GDP in 2028/29 - the highest level in nearly 80 years.
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