Autumn Budget 2024: Live updates as Chancellor Rachel Reeves unveils Labour’s plan for £35 billion tax raid

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Rachel Reeves will today unveil Labour‘s first Budget in 14 years when she heads to the Parliament to outline an expected £35 billion tax raid to plug a ‘black hole’ at the heart of Britain’s finances.

The first female Chancellor has already announced pay rises to millions of workers by increasing the National Living Wage to more than £12 an hour and additional funding to increase NHS appointments.

But businesses are fearful an anticipated increase in National Insurance contributions will leave them struggling to recruit new staff.

Follow MailOnline’s live coverage of Budget day below and join in the conversation in our comments section



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