In what has been billed a once-in-a-generation reset of the nation’s finances, chancellor Rachel Reeves on Wednesday (30 October) laid out far-reaching tax reforms, which include lowering the threshold at which employers will start paying National Insurance.
'A steep climb to stand still': travel reacts to 'punishing' Budget
Government
James Chapple
30 October 2024
Travel’s senior leaders have branded the new Labour government’s first Budget "punishing", warning employers have "a steep climb to stand still" ahead of them when many of the new measures take effect next year.
Travel's reaction to the 2024 Budget has been lukewarm, at best (Credit: Twitter/X / @HMTreasury)
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