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1 November 2024updated 14 Sep 2025 8:43am

Budget 2024: Will Labour’s gamble pay off?

The first Labour budget in 14 years is “refreshing” but risky, say the IFS.


Rachel Reeves has delivered her maiden budget in the House of Commons. As expected, thanks to leaks and pre-briefing over the preceding week or so, the Chancellor is raising employers’ National Insurance, changing capital gains and inheritance tax, and increasing stamp duty.

Andrew Marr and George Eaton join Hannah Barnes on the New Statesman podcast to analyse the politics of the Labour budget. They are also joined by Ben Zaranko from the IFS to review the economics.


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