Budget 2024: What tax rises & spending cuts could be on the way

It’s what everyone in the UK wants to know, what is going to be in the Budget? Rumours have been swirling around what Chancellor Rachel Reeves has in store with potential tax rises, including inheritance tax, and National Insurance for employers. The jobs minister, Alison McGovern, has said publicly that benefits are set to be cut. With the welfare bill in Britain set to spiral in coming years and decades, the Chancellor is reported to be seeking billions of pounds in benefits savings.Our Political Editor, Nicholas Cecil, reveals everything we know so far as well as his predictions for the upcoming Budget. Hosted on Acast. See acast.com/privacy for more information.