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🇬🇧💼 The Countdown Begins: UK Budget Day - Wednesday 📊💼 With Wednesday marking the unveiling of the UK Budget, all eyes are on the economic roadmap that will shape the coming months. 🗺️💡 As professionals, this announcement carries weight, impacting various sectors and industries. I've got high anticipation for measures that support growth, innovation, and economic resilience and that it won't simply be an election budget. Of course the devil is in the detail and it's always interesting assessing the implications and opportunities that are contained in the small print. How will the fiscal decisions influence our economic landscape? Here's to navigating the evolving economic terrain and grasping the opportunities created. 🌐📈 #UKBudget #EconomicOutlook #ProfessionalInsights 🇬🇧💼

The Autumn Budget 2024 has arrived! Yesterday, Chancellor Rachel Reeves, in her first budget, revealed significant changes aimed at shaping the economic landscape. In our latest article, understand if there's any impact on capital allowances identified so far– https://bit.ly/3UxtOX0 #AutumnBudget2024 #TaxUpdates #EconomicTransformations #CapitalAllowances

Budget Heaven or Budget Hell? As the clock counts down today, we will soon find out what that entails and how it will affect us all. There has been many predictions on what could be announced, but either way the budget will be scrutinised, not just for its immediate provisions but also for Labour's long-term vision. markets, households, and businesses alike are eager to see how the government will address the economic challenges that continue to affect the nation. With a careful balancing act between support measures and fiscal responsibility, the Chancellor’s announcements could play a crucial role in shaping the UK’s economic recovery in the coming months and years. The Prime Minister, Keir Starmer, quoted that 'tough decisions' need to be made and that 'tax rises will prevent austerity' so it's understandable why many I've spoken to sit on the side of caution. Whether today’s budget brings relief, optimism, or concern, the decisions made will set the tone for the country’s financial future, addressing key issues that impact everyone from large businesses to everyday citizens. Either way, let's get the budget out the way, stay positive (or as much as possible) and get on with what needs to be done! Thoughts?

The upcoming Autumn Budget on October 30th 2024, is likely to be closely watched by individuals, businesses, and financial experts. Given the current economic climate and the need to address public finances, there’s anticipation that the UK Government will introduce significant changes to capital taxes. Its expected that these changes will take place from the 6th April 2025, though some may be implemented immediately. In our 2024 Autumn Budget series, we explore what we might expect to be announced by the new Chancellor, Rachel Reeves. 🔗https://lnkd.in/eENdaFqf #UKBudget #UKBiz #UKBudgetPredictions

📅 Save the Date: The 2024 autumn Budget is scheduled for Wednesday, October 30. The Chancellor’s speech usually kicks off around 12:30 UK time and lasts approximately an hour. 🔍 What to Expect: While we don’t have a crystal ball, there’s always speculation about what might be in the Budget. As with any major financial announcement, it’s a mix of anticipation and intrigue. Will there be tax changes? Investment boosts? Infrastructure plans? We’ll have to wait and see! 🤔 If you’re curious about the nitty-gritty details, check out the BBC article for insights and analysis. When is the Budget and what might be in it? 🔗 Read More: https://buff.ly/3BjIdz6 #Budget2024 #FinancialUpdates

The grim outlook of Rachel Reeves' budget is really stealing the spotlight. With two and a half months still to go, the "incredibly tough choices" the chancellor is grappling with are beginning to surface—and the picture isn't pretty. The recent data indicating that the UK economy grew by 0.6% between April and June has sparked speculation that this might positively impact public finances, potentially enabling Reeves to ease some of the strain in her October budget. The OBR is anticipated to revise its full-year growth forecast, currently at 0.8%, in its upcoming assessment for the October budget. At the moment there seems to be no clear direction in terms of actions in the budget that would impact on the sector, although there are still questions regarding what will happen to the current Business Rates relief and the subsequent impact of NLW on businesses...

The grim outlook of Rachel Reeves' budget is really stealing the spotlight. With two and a half months still to go, the "incredibly tough choices" the chancellor is grappling with are beginning to surface—and the picture isn't pretty. The recent data indicating that the UK economy grew by 0.6% between April and June has sparked speculation that this might positively impact public finances, potentially enabling Reeves to ease some of the strain in her October budget. The OBR is anticipated to revise its full-year growth forecast, currently at 0.8%, in its upcoming assessment for the October budget. At the moment there seems to be no clear direction in terms of actions in the budget that would impact on the sector, although there are still questions regarding what will happen to the current Business Rates relief and the subsequent impact of NLW on businesses...

According to the Congressional Budget Office (CBO), the federal budget deficit for the first 11 months of fiscal year 2024 was $1.9 trillion. That’s $372 billion more than the deficit recorded during the same period last fiscal year. Breaking the CBO’s numbers down further, revenues were $420 billion (or 11%) higher and outlays were $793 billion (or 14%) higher from October through August than they were during the same period in fiscal year 2023. According to CBO projections, the 2024 fiscal year deficit amount would come to about $2 trillion if adjusted to exclude the effects of shifts in the timing of certain payments. For additional details: https://bit.ly/4eh3gRt #FederalBudget #CBOReport #BudgetDeficit #Fiscal2024 #USEconomy #GovernmentSpending #RevenueIncrease

Federal Budget 2024-25: What you need to know Treasurer Jim Chalmers handed down the 2024-25 Federal Budget, and there’s a lot to unpack... Easing the cost of living pressures was at the forefront of this year’s Budget, but it wasn’t the only priority. Recent months have shown inflation to be more stubborn than expected, and the Government was facing plenty of pressure not to do anything that would inflame it. The result is a Budget that the Government claims “strikes the right balance between keeping pressure off inflation, delivering cost-of-living relief, supporting sustainable economic growth and strengthening public finances.” We break down some of the key proposals from the 2024-25 Budget and what they might mean for you. What you need to know about the Federal Budget 2024-25: https://lnkd.in/gBssgtzW #budget2425 #financenews #bmgfinance #bmgknowledgecentre

The grim outlook of Rachel Reeves' budget is really stealing the spotlight. With two and a half months still to go, the "incredibly tough choices" the chancellor is grappling with are beginning to surface—and the picture isn't pretty. The recent data indicating that the UK economy grew by 0.6% between April and June has sparked speculation that this might positively impact public finances, potentially enabling Reeves to ease some of the strain in her October budget. The OBR is anticipated to revise its full-year growth forecast, currently at 0.8%, in its upcoming assessment for the October budget. At the moment there seems to be no clear direction in terms of actions in the budget that would impact on the sector, although there are still questions regarding what will happen to the current Business Rates relief and the subsequent impact of NLW on businesses...