All the updated news related to Budget for 2024

All the news related to Budget for 2024 updated in real time

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£240m in Budget for local services to help people back into work, Starmer says

Sir Keir Starmer has said the Chancellor will announce £240 million in funding for local services to help get people back to work at this week’s Budget. Rachel Reeves will deliver her first Budget on Wednesday, as the Government tries to bridge what ...

28 Oct 2024 at 12:01

Ireland

‘No incentives in Budget 2024 to attract or keep teachers in profession’

A Dublin-based teacher has said that there is no incentive in Budget 2024 to encourage teachers to return to the profession. Maria Markey Greene, who works at Rosmini Community School in Drumcondra, Dublin, has been a teacher for 17 years. She said ...

10 Oct 2023 at 19:29

Ireland

Budget should have been targeted to help struggling people – community worker

Budget 2024 is a “one for everyone in the audience” bundle of measures, according to a community worker. Rita Fagan, project manager at St Michael’s Family Resource Centre in Inchicore, Dublin, has been a community worker for 35 years. “That ...

10 Oct 2023 at 18:37

Council tax rises expected to cancel out Budget national insurance cut

Expected rises in council tax will wipe out any benefit felt by households from the cut to national insurance announced in the Budget, figures suggest. A forecast by the Office for Budget Responsibility (OBR) shows council tax receipts in ...

06 Mar 2024 at 18:41

Budget ‘won’t make a dent’ in financial challenges, Stormont minister says

The Budget “won’t make a dent” in Northern Ireland’s financial challenges, Stormont’s Finance Minister has said. The Budget will provide an extra £100 million for public spending in Northern Ireland in 2024-25, the Government has said. ...

06 Mar 2024 at 18:40

Local News

Laois RTÉ star scrutinises ministerial double-act on Budget

RTÉ broadcaster and Laois woman Claire Byrne led the questioning of the Government Ministers responsible for Budget 2023. During Today with Claire Byrne on Radio 1 Minister for Finance Michael McGrath said that “very serious progress” ...

11 Oct 2023 at 17:33

Ireland

‘Rent tax credit does work, but a rent freeze would be better’

The increase in rent tax credit will help tenants – but not as much as a rent freeze would, one renter has said. As part of Budget 2024, the 500 euro rent tax credit available for both 2022 and 2023 is to increase to 750 euro next ...

10 Oct 2023 at 20:36

Government extends windfall tax on oil and gas companies

The windfall tax on oil and gas companies will be extended for another year as higher oil and gas prices look likely to stick around. Chancellor Jeremy Hunt said that the energy profits levy, which charges oil and gas companies ...

06 Mar 2024 at 16:18

£2 bus fare cap to increase to £3 in Budget, Starmer announces

The £2 bus fare cap will be replaced by a new £3 cap until the end of 2025 at this week’s Budget, the Prime Minister has confirmed. Sir Keir announced the change during a speech in Birmingham, in which he also defended looming ...

28 Oct 2024 at 21:09

Ireland

Budget will improve people’s standard of living, says finance minister

Minister for Finance Michael McGrath has said that their budgetary plans aim to improve people’s living standards. Mr McGrath also said that the drop in corporation tax receipts is “no cause for panic”, but did signal the ...

07 Oct 2023 at 20:09

Ireland

One-off payments lack ‘vision and ambition’, say opposition TDs

Representatives from opposition parties have said the Government’s budget package lacks ambition, and criticised the one-off payments as a failure to tackle long-term issues. Finance minister Michael McGrath unveiled the ...

10 Oct 2023 at 19:02

Ireland

Taoiseach rebuts watchdog criticism of plan to breach 5% spending rule

The Taoiseach has defended the Government’s approach to the budget following a critical assessment by a fiscal watchdog. The Irish Fiscal Advisory Council (IFAC) has warned ministers not to “repeat past mistakes” as it ...

06 Sept 2023 at 11:17

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