Loughborough University academics have shared their reactions to Rachel Reeves' 2024 Budget, emphasizing the positive aspects and concerns within the budget. The Chancellor's plans for green growth, including investments in school, the NHS, transport, and the environment, were well-received. Particularly notable was the allocation of £2bn towards 11 HAR1 hydrogen schemes in the UK, viewed as crucial for the country's transition to NetZero. Professor Dan Parsons highlighted the significance of hydrogen technology in decarbonization efforts and commended the government's support for hydrogen solutions. However, some experts expressed worries about the potential negative impact of increased National Insurance contributions on SMEs, hindering growth. Despite this, the Budget outlined a significant increase in public spending, with a focus on capital investments to stimulate the economy and enhance public services. The announcement of a 6.7% rise in the National Living Wage to £12.21 an hour for those aged 21 and over was seen as a positive step towards providing a genuine living wage for working people, although there were calls for a consistent wage rate for all workers over 18.