2024 Budget Plan Uk. Speaking during the budget today, reeves told the commons: Budget policies will increase uk borrowing by £19.6bn this year and by an average of £32.3bn over the next five years, according to the obr budget boost to uk economy forecast to fade.

We will introduce vat on private school fees from january 2025, and we will shortly introduce legislation to. Budget policies will increase uk borrowing by £19.6bn this year and by an average of £32.3bn over the next five years, according to the obr budget boost to uk economy forecast to fade.