UK Budget 2024
— Labour’s first budget prioritises redistribution and public sector investment over austerity, targeting higher taxes for the wealthy to fund increased spending on the NHS, education, and community care.
Martin Smith
Anniversary Professor of Politics, Department of Politics and International Relations, University of York.
UK Politics
— Jeremy Hunt’s pre-election budget prioritises short-term political gains, aiming to appease voters with key measures. However, this strategy delays crucial investment, sparking concerns about potential public service cuts. The budget also contains multiple traps for Keir Starmer and Rachel Reeves.
