Working to make government more effective

Working to make government more effective

Chancellor Rachel Reeves at the Labour Party Conference 2024
Project

Autumn budget 2024

Key things in Rachel Reeves' first budget and the trade-offs she faced in advance.

On Wednesday 30 October, Rachel Reeves delivered her first budget as chancellor, and the first budget from a Labour government for 14 years. Alongside the latest forecast from the Office for Budget Responsibility, she announced the government’s new fiscal rules, reveal changes to the tax system, and set a new path for spending on public services and broader capital investment. 

The Institute for Government assessed the trade-offs she faced in advance of the budget and analysed the new forecast and the choices she made after.

Our analysis

What did Rachel Reeves’ budget reveal about the government’s priorities?

Watch our webinar as Institute for Government experts give their instant reaction to Rachel Reeves’ first budget and make sense of her plans for the economy.

Watch online
Rachel Reeves gives a press conference in Downing Street.

Key explainers

Public services

Our experts

Senior leadership
Gemma Tetlow

Gemma Tetlow

Executive Director for Research and Innovation

Topic
Public finances
Keywords
Budget Spending review Public spending Public sector Economy Tax
Political party
Labour
Position
Chancellor of the exchequer
Administration
Starmer government
Department
HM Treasury
Public figures
Rachel Reeves Keir Starmer
Publisher
Institute for Government

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