Labour’s Budget 30th Oct 2024: A New Dawn for Working People
For the first time in over a decade, Labour has delivered a budget that brings meaningful change and relief to the lives of working families. This historic budget represents a much-needed shift toward fairness, equality, and opportunity for everyone. The Labour Asians Society is thrilled to endorse these transformative measures, which are a promise kept and a vision for a fairer and more inclusive Britain.
This budget isn’t just about numbers—it’s about putting people first. Labour’s budget brings renewed hope, an inclusive and compassionate approach that prioritizes community well-being, sustainable growth, and justice for all. It’s a budget that values working people and sets the stage for a future of unity, opportunity, and resilience.
The Labour Asians Society recognizes the importance of this budget for our communities and the nation as a whole. Its comprehensive policies address long-standing challenges affecting diverse communities and align with Labour’s dedication to rebuilding our country with integrity and compassion. This budget demonstrates Labour’s steadfast commitment to public services, fair wages, justice for past wrongs, and an unwavering focus on the future of Britain. It is a budget that reflects Labour values of unity, compassion, justice and the foundations for growth.

The Key Commitments That Stand Out:
- Support for Working Families
This budget emphasizes affordability and opportunity, with no tax increases on National Insurance, Income Tax, or VAT for working families. This promise alone reflects a genuine commitment to supporting the backbone of our society—those who work tirelessly to provide for their families. It’s clear that Labour understands the importance of allowing working families to keep more of what they earn.
- Living Wage Boost
Raising the National Living Wage to £12.21 per hour signifies Labour’s commitment to fair wages for all. This substantial increase will directly benefit many members of our communities, offering them better financial security and more dignity in their work. It’s a long-awaited relief for many and aligns with Labour’s dedication to ensuring that hard work is rewarded fairly.
- Enhanced Support for Carers
Our communities know well the invaluable role carers play, often working tirelessly and selflessly. By increasing the Carer’s Allowance earnings limit, Labour ensures that carers receive the support they deserve. This budget acknowledges their essential role in society and aims to alleviate the financial burdens they often carry.
- Household Support Fund
Labour’s commitment to extending the Household Support Fund by £1 billion reflects a deep understanding of the realities many families face today. This fund will be a lifeline for countless families struggling with rising living costs, helping them meet essential expenses and providing much-needed relief.
- Healthcare Investment
Our communities, like many others, have been deeply affected by the challenges facing the NHS. The investment in an additional two million NHS operations, scans, and appointments per year is a significant step toward reducing wait times and improving the quality of healthcare. Labour’s focus on healthcare reaffirms its commitment to a system that serves everyone fairly and efficiently.
- Education Funding
Education is the foundation of opportunity, and Labour’s budget takes this to heart. Recruiting 6,500 new teachers, increasing funding for schools by £2.3 billion, and allocating £300 million for further education are all vital steps toward creating a stronger, more equitable education system. This investment is not only an investment in today’s students but in the future of our nation.
- Justice for Past Wrongs
Addressing historical injustices is essential to building a fairer society. We commend the Labour government for providing compensation to the victims of the Post Office and Infected Blood Scandals. These individuals and families have endured years of hardship, and this budget acknowledges their pain and offers restitution. It’s a powerful reminder that Labour stands for justice and accountability.
- Infrastructure Improvements
Infrastructure improvements include an additional one million pounds to repairing potholes. Enhancing public transport and electrifying railway links in the North demonstrate Labour’s commitment to creating safe, reliable, and efficient systems. These investments will benefit all citizens, enabling more accessible travel and reducing commuting costs, which many in our communities depend on daily.



A New Direction for Britain
The Labour Asians Society celebrates this budget as a positive shift toward a fairer, more inclusive Britain. This is not only a budget for the present; it’s a vision for a more just, prosperous, and unified country. Labour is prioritizing real solutions to the issues affecting our daily lives and ensuring that everyone has a voice in this new era of governance.
Labour’s budget reflects the party’s unwavering commitment to listening to and representing all communities across the UK. For British Asians and other minority communities, these policies mean a renewed sense of support, recognition, and investment. The decisions within this budget aim to create an environment where everyone, regardless of their background, has access to equal opportunities and support systems.
A Commitment to Future Generations
This budget also looks to the future by addressing environmental issues and building resilient infrastructure. From tackling pollution to enhancing public transport, Labour’s approach signals a commitment to sustainability and acknowledging our collective responsibility to protect the planet for future generations.
We in the Labour Asians Society see this budget as a reflection of our shared values and our hopes for the future. It’s a budget that is rooted in respect, equity, and a commitment to bringing people together. Labour is building a brighter future for all, and we stand firmly behind this vision.
We are confident these policies will uplift our communities and create lasting positive change. The Labour Asians Society proudly supports these initiatives and remains committed to working alongside the Labour government to ensure these promises are fully realised.
Thank You
To our members, supporters, and partners: thank you for your continued commitment to our shared vision of a fairer, more inclusive, and united Britain. Together, we can bring about the change we wish to see and support the Labour government in creating a future that works for everyone.