Oral QuestionTreasury

What assessment she has made of the potential impact of the Autumn Budget 2024 on costs for businesses.

Tabled: 14 May 2025Answered: 20 May 2025

Asked by

Graham Stuart

ConservativeBeverley and Holderness

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Chancellor of the Exchequer (Rachel Reeves)

The Government considered all the policies in the autumn Budget carefully, in the context of the difficult fiscal inheritance that we had received from the Conservative party. The decisions to increase employers’ national insurance contributions and reduce the secondary threshold were taken to stabilise the public finances and ensure that money was available for our crucial public services, especially the national health service.