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View our 2024 Autumn Budget Report

  1. News
  2. Business News
  3. Archive

31 Oct 2024

Chancellor Rachel Reeves delivered her 2024 Autumn Budget speech yesterday, outlining a range of financial measures.

Ms Reeves pledged to 'invest, invest, invest' in order to drive UK economic growth and help restore economic stability.

She also announced an increase in Capital Gains Tax (CGT) from 10% to 18% for individuals paying the lower rate and from 20% to 24% for those paying the higher rate.

Further details regarding the announcements made by the Chancellor featured in the official press releases. Our comprehensive Budget Summary outlines the key measures, including some of the less-publicised changes that may impact upon your business or personal finances.

For a detailed overview of the 2024 Autumn Budget information, please read our 2024 Autumn Budget Summary.

Latest news stories

13 Jun 2025

Economists warn tax hikes likely in the autumn

Following the 2025 Spending Review, experts have warned that Chancellor Rachel Reeves will have to raise taxes in the Autumn Budget to fill a shortfall of up to £23 billion.

12 Jun 2025

UK economy shrunk in April

The UK economy contracted by 0.3% in April as tax increases kicked in and exporters faced uncertainty over US trade tariffs.

11 Jun 2025

Spending review is opportunity to back small business

The government must 'make every taxpayer pound count' in the Spending Review, the Federation of Small Businesses (FSB) has warned.

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