Ten key takeaways from Autumn Budget 2024

CGT hikes, carried interest and AIM change

Linus Uhlig
clock • 5 min read

Investment Week summarises the top ten key points from Rachel Reeves’ first Budget as chancellor, which took place earlier today (30 October).

Government to raise taxes by £40bn to plug UK's fiscal hole Delivering the Labour Party's first fiscal event since 2010, Reeves told MPs that taxes will be raised by £40bn, one of the largest increases in a generation. Autumn Budget 24: Labour raises lower and higher rates of capital gains tax with immediate effect The chancellor said Britain had inherited broken public finances and public services from the previous government, and pointed once again to the so-called £22bn ‘black hole' in public finances allegedly left by the Conservatives. "Any chancellor standing here today wou...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on UK

UK retail sales fall in October as Budget hits consumer confidence
UK

UK retail sales fall in October as Budget hits consumer confidence

Down 0.7%

Sorin Dojan
clock 22 November 2024 • 2 min read
UK consumer confidence ticks up in November ahead of Black Friday
UK

UK consumer confidence ticks up in November ahead of Black Friday

All five measures up

Sorin Dojan
clock 22 November 2024 • 1 min read
Treasury Committee takes aim at ONS on labour force data
UK

Treasury Committee takes aim at ONS on labour force data

Issues with Labour Force Survey

Beth Brearley
clock 22 November 2024 • 1 min read
Trustpilot