Middle income earners brace for impact of Chancellor Rachel Reeves' budget

Middle income earners brace for impact of Chancellor Rachel Reeves' budget

The Labour government has promised to be on the side of workers. But middle income earners say they'll feel the pinch following Chancellor Rachel Reeves' first budget.

Budget 2024: will Labour’s £40bn tax hike backfire?

After months of speculation, leaks, and endless criticism, Rachel Reeves has finally delivered Labour’s first budget in 14 years and it had £70 billion more in spending, £40 billion more in tax along with a lot more borrowing and a lot more debt. So, will it define this government? Will it deliver growth and fix public services? Is it what people voted for? In this week’s episode of the Political Fourcast, Krishnan Guru-Murthy is joined by KPMG’…

Budget 2024: How the hidden tax rise will impact you

Use our tool to work out how the hidden tax rise in the 2024 Budget will impact you

Budget 2024: how will Labour’s £40bn tax rises & huge spending plans impact me?

Middle Income Earners Brace For Impact Of Chancellor Rachel Reeves' Budget - Great Yorkshire Radio

While workers on the minimum wage are toasting a 6.7% pay rise, middle income employees are less than impressed. Chancellor Rachel Reeves’ promise not to hit their payslips by hiking income tax is welcome, but it doesn’t alleviate their financial pressures. “I’m struggling, really struggling,” Ms Bacon told Sky News. “As a family, we have talked about Christmas this year. What we are not going to do, rather than what we are going to do. Because …

Benefit changes, universal credit and crackdown on fraud: How Labour's budget impacts benefits

This is everything chancellor Rachel Reeves had to say about benefits and pensions in the autumn budget – and how it will impact you.