2024-10-18
datatrack_market_today_test-2_en
Even though the Budget statement happens annually, we have already had one this year.
This was delivered by the previous Conservative Chancellor, Jeremy Hunt, in March 2024, before the general election.
But because Labour won in July the now-chancellor, Rachel Reeves, can set out her own Budget that focuses on the new government's financial priorities.
The parties set out their priorities at election time in their manifestos - a series of promises and pledges that spell out what they plan to do if they win power. That means this Budget will be closely watched for how the financial measures in that document translate into the realities of being in government.