Newspaper Round Up: 31st of October 2024

Times Front Page 31st of October 2024

The Chancellor has announced the Budget for 2024, indicating a significant increase in public borrowing by £32 billion per year and raising taxes to the highest level on record, alongside concerns from economists about the potential stagnation of economic growth due to downgraded forecasts.

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Guardian Front Page 31st of October 2024

The government has announced a budget that increases spending by £7 billion per year over the next five years, including tax hikes intended to address public finance challenges while boosting investment in the NHS and schools.

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i Front Page 31st of October 2024

Chancellor Rachel Reeves has announced a substantial £40 billion tax increase aimed at boosting investment and growth, with measures affecting National Insurance contributions, capital gains, and inheritance tax, while also promising future investment in healthcare, education, and infrastructure.

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Financial Times Front Page 31st of October 2024

The Chancellor has introduced a £40 billion increase in taxes to address financial challenges and public service issues, with the majority of the fiscal responsibility falling on businesses and the wealthy, while also significantly increasing borrowing to fund £100 billion in capital expenditure.

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