- News
All the latest updates on building safety reformRegulations latest
- Focus
- Comment
- Programmes
- CPD
- Building the Future
- Jobs
- Data
- Subscribe
- Events
2024 events calendar
Explore nowBuilding Awards
Keep up to date
- Building Boardroom
All the latest updates on building safety reform
2024 events calendar
Explore nowBuilding Awards
Keep up to dateBy Carl Brown2024-10-30T15:34:00
Chancellor outlines spending plans
In one of the most consequential Budgets in recent history, and the first from a Labour chancellor in 14 years, Rachel Reeves stated “We will restore stability to our country again” as she pledged to stabilise the UK’s finances while also rebuilding public services.
While much of the focus of the wider media will be on the £40bn of tax rises, including a rise in National Insurance contributions for employers, Reeves also announced changes to fiscal rules to enable £100bn to be spent on capital projects over the next five years.
“Today’s budget marks an end to short-termism”, she said. Here is a summary of the key measures for the built environment.
Existing subscriber? LOGIN
Stay at the forefront of thought leadership with news and analysis from award-winning journalists. Enjoy company features, CEO interviews, architectural reviews, technical project know-how and the latest innovations.
Get your free guest access SIGN UP TODAY
Subscribe to Building today and you will benefit from:
View our subscription options and join our community