What time is the Budget and what might be in it?

Quick Summary:

Chancellor Rachel Reeves will set out the government's financial plans for the next year.

However, investment is governed by a different rule and the chancellor told the BBC she is switching to a different definition for government debt to allow the government to borrow more to fund new big projects.

When the party took power in July, Reeves said it had "inherited the worst set of circumstances since the Second World War" regarding the government finances, something the Conservatives deny.

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Article Details

Author / Journalist: BBC News

Category: Business

Markets: United Kingdom

Topics: Reeves People Higher Increase National Budget Spending Wage Government Chancellor

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-29 @ 18:00:29 (2 days ago)

News Timezone: GMT +0:00

News Source URL: bbc.com

Language: English

Article Length: 1469 words

Reading Time: 9 minutes read

Sentences: 9 lines

Sentence Length: 164 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © BBC Business

News ID: 23337488

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About BBC Business

Main Topics: Business

Official Website: bbc.co.uk

Update Frequency: 3 posts per day

Year Established: 1922

Headquarters: United Kingdom

News Last Updated: 14 hours ago

Coverage Areas: United Kingdom

Ownership: Independent Company

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #43

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