BudgetOct 31 2024

'Reeves' first Budget did not pull its punches'

Caroline Le Jeune

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'Reeves' first Budget did not pull its punches' — Chancellor Rachel Reeves used her first Budget to increase employers' national insurance contributions (Justin Tallis/AFP via Getty Images)

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The first Budget from this government did not pull its punches with most of the tax burden being met by businesses and, ultimately, business owners.

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