2024 Budget Highlights. Chancellor rachel reeves has delivered labour’s first budget since 2010, after the party’s return to power in july’s general election. Here are the key points:

🔴 the revised fiscal deficit — the gap between government’s revenue and expenses — is at 5.8% of. Finance minister nirmala sitharaman presented the union budget 2024, focusing on aid for the underprivileged, women, youth, and farmers.