Over in the UK, chancellor Rachel Reeves has unveiled her first Budget in the role.

The budget will raise taxes by £40 billion, the capital gains and inheritance taxes have been increased, minimum wage will increase by 6.7 percent - and a new 10-year plan for the NHS has been unveiled.

UK correspondent Enda Brady says this has been dubbed the 'shock and awe' budget - with plenty of short-term pain for long-term gain.

LISTEN ABOVE

Over in the UK, chancellor Rachel Reeves has unveiled her first Budget in the role.
The budget will raise taxes by&nbsp;£40 billion, the capital gains and inheritance taxes have been increased, minimum wage will increase by 6.7 percent - and a new 10-year plan for the NHS has been unveiled.
UK correspondent Enda Brady says this has been dubbed the 'shock and awe' budget - with plenty of short-term pain for long-term gain.
LISTEN ABOVE

With a straight down the middle approach, Heather du Plessis-Allan Drive on Newstalk ZB delivers the very latest news and views to New Zealanders as they wrap up their day.

Heather du Plessis-Allan Drive

Enda Brady: UK correspondent unpacks the 2024 Budget

https://api.omny.fm/orgs/7784f840-c291-422a-924b-ad9000bbad71/clips/37b50def-e50f-4dbb-9138-b21a007b3782/transcript

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