2024 Budget Update. France continues to face significant fiscal and political challenges, as their government seeks to address a budget deficit projected at around 6.2% of gdp, twice as much as the limit set out by the european union. She announced tax rises worth £40bn to fund the nhs.

She announced tax rises worth £40bn to fund the nhs. The positioning ahead of this budget was all about tough political choices with a claimed black hole of £22 billion and public services in need of.