IPPR North responds to the UK government’s first Budget
30 Oct 2024Press Story
IPPR North has reacted to Rachel Reeves’ first Budget as Chancellor of the Exchequer.
Zoë Billingham, Director of IPPR North said:
“Today the Chancellor has made some wise calls and shown a new positive course for our country. The important increases to public investment paired with changes to make the tax system fairer are much needed to benefit people in every corner of the country. Whilst there will be additional projects that require investment to support regional growth, the development of the Leeds tram is a welcome example of such commitments.
“A boost to local government finances over the coming years is reassuring, but councils will need longer term commitments in the future, including multi-year settlements. At the next Spending Review, the government will have the opportunity to confirm it has turned away from needless austerity and instead embraced a new positive economic paradigm to turn our country around”.
ENDS