Secondly, she set the date of her first Budget as October 30 2024, some 117 days after the surprise snap election called in the London rain by Rishi Sunak. That was the longest wait for a first Budget from an incoming administration for more than half a century. In the interval, the Chancellor’s doomy rhetoric was allowed to fester and, not surprisingly, growth over the summer slowed dramatically.
Rachel Reeves year in review: Chancellor’s 2025 is no cause for celebration
