2024 Budget Proposal Uk. Major infrastructure investment totalling over £100 billion will go towards rebuilding our crumbling schools and hospitals and fixing our roads, including over 1 million potholes. % of gdp, fiscal years.

The uk’s first female chancellor rachel reeves mp delivered the new labour government’s first budget today. The obr forecast that real gdp growth will be 1.1% in 2024, 2.0% in 2025, 1.8% in 2026, 1.5% in 2027, 1.5% in 2028 and 1.6% in 2029.