Wealth creators, entrepreneurs, innovators, growth seekers — whatever we call them, this group of achievers and risk takers are an essential part of the economy. Yet with just over two weeks until the budget, it is fair to say there is some disquiet among Britain’s entrepreneurs. The overriding sentiment from ministers in recent months has been bleak and some of the much-needed confidence and stability ushered in by the new government after its election victory has started to slip. All of which means the chancellor’s announcement on October 30 is shaping up to be the most important budget in at least a decade, and probably since George Osborne’s first budget in 2010. • October Budget 2024 predictions: what could Rachel Reeves announce?
