Downing Street live: Chancellor Rachel Reeves to deliver first Labour budget for 15 years
October 30, 2024
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3:01:06Now PlayingDowning Street live: Chancellor Rachel Reeves to deliver first Labour budget for 15 years
YouTube Description
as posted by the channelWatch Downing Street live ahead of the budget.
Chancellor Rachel Reeves will promise to "invest, invest, invest" in Labour's first budget for 15 years.
Ms Reeves - who is set to stand up in the Commons just after 12.30pm today - will also give a pledge that "working people won't face higher taxes in their payslips".
However, she will clarify that Labour's manifesto promise to keep national insurance unchanged only applies to employee contributions - paving the way for an increase in tax for employers.
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