The Budget sets out five significant measures with potential benefits for Brent East and the wider capital, including changes to gambling taxes, business rates, the minimum wage and support for first-time buyers.
Housing proposals form part of the announcement.
The new first-time buyer scheme is intended to make home ownership more accessible for Londoners who can meet mortgage repayments but currently face rents equivalent to two-thirds of their salaries.
The measure is designed to ease the transition from renting to buying within London.
The Budget also marks the largest devolution of financial decision-making to London for a generation.
London is expected to retain 100% of business-rate revenue raised locally by the end of the decade.
Mayors will receive a share of income-tax receipts from 2028, giving the capital greater influence over how public funds are used.
Proposed priorities include the West London Orbital rail project and the Bakerloo line extension, which could improve transport links and strengthen local economic activity.
A rise in the minimum wage will provide higher earnings for some of the lowest-paid workers.
This increase comes as households continue to face cost-of-living pressures and may help them manage essential expenditure while supporting spending in nearby shops and other businesses.
Changes to business rates are expected to offer thousands of enterprises more room to operate and invest.
Reducing the burden could assist businesses with hiring, spending and remaining open on high streets that serve as important centres of employment and independent trade.
Progress on ending Aim to Permit licensing rules also forms part of the approach to creating more active and healthier high streets.
The Budget will increase taxes on gambling companies as part of wider efforts to address gambling harm and prevent betting shops from concentrating on local high streets.
The additional contribution from the industry has been welcomed, although further action is considered necessary.
Dawn Butler is Labour MP for Brent East.