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The Latest Breaking News from Budget

UK's productivity forecast to be downgraded sparking tax rise fears in Chancellor's upcoming Budget

Treasury officials are anticipating that the blackhole in the UK’s finances could amount to £30billion

Evening Standard

Average price of a home jumps by more than £1,500 in September

Despite the increase, the average asking price for a home in Britain is 0.1 per cent or £502 lower than a year ago, with London and the South driving the dip

Evening Standard

Average price tag on a home jumps by more than £1,500 in September – Rightmove

Despite the increase, the average asking price for a home in Britain is 0.1% or £502 lower than a year ago, with London and the South driving the dip.

The Independent UK

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Voices: Zero change. Zero growth. Zero hope of Rachel Reeves being rescued

COMMENT: The chancellor, faced with a flatlining economy, is trapped in an impossible dilemma – come the Budget, she’ll have to break her election promises or break her fiscal rules, warns John Rentoul

The Independent UK

Primark boss issues stark warning to Reeves over Budget

George Weston urged the chancellor not to give consumer confidence another ‘great whack’ in November

The Independent UK

Government has not heeded warnings over Lifetime Isa, says Treasury Committee

The Government has an opportunity at the Budget to ‘think again on the Lisa,’ according to Treasury Committee chairwoman Dame Meg Hillier.

Evening Standard

Reeves Blocks Wealth Tax Plan: Defies Labour Hopeful, Gambles with Public Finance Chaos

Chancellor Rachel Reeves blocks wealth tax, defying Labour MPs, risking £50B fiscal chaos. Can she balance the Budget without breaking promises?

International Business Times UK

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Starmer creates ‘Budget board’ to boost economic growth and keep businesses onside

Starmer’s ‘budget board’ is part of his reset following the resignation of Angela Rayner last week

The Independent UK

Ex-minister reveals the pensions changes most likely at Budget

Higher earners could be targeted at the chancellor’s second fiscal event

The Independent UK

Retail sales up 3.1% in August to round off ‘solid’ summer

Food sales increased by 4.7% year on year, although this was largely down to rising prices.

Evening Standard

Kemi Badenoch to offer Tory co-operation on welfare cuts

The Conservative leader will offer her party’s co-operation ‘in the national interest’.

Evening Standard

Job hunters rise to highest level for nearly five years – report

The monthly KPMG and REC report on jobs showed a slight improvement in permanent recruitment activity, but it remained in decline.

The Independent UK

Number of job hunters rises at fastest rate since Covid

Increasing redundancies are driving the trend

The Independent UK

UK firms splash out almost £236,000 in past year on AI, poll finds

The survey of 1,000 decision makers at firms found that nearly nine in 10 companies are turning to AI to solve key business issues.

Evening Standard

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Evening Standard

‘Lateness’ of UK Budget ‘entirely undesirable’, says Swinney

The First Minister was speaking after Chancellor Rachel Reeves said she will outline her fiscal plans in the Commons on November 26.

The Independent UK

Starmer needs to show he is on the side of working people or Farage will become PM, warns Labour’s biggest backer

Ahead of the TUC congress next week, general secretary Paul Nowak has spoken to The Independent about why Keir Starmer’s government needs to introduce ‘popular’ wealth taxes in the Budget to combat Farage and Reform

Evening Standard

Stocks climb and pound firms as bond yields ease

The moves help ease some of the immediate pressure on Chancellor Rachel Reeves.

Evening Standard

‘Unhelpful’ Budget date could delay Holyrood tax and spending plans to new year

Scottish Finance Secretary Shona Robison hit out after Chancellor Rachel Reeves confirmed she will outline her fiscal plans on November 26.

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The National (Scotland)

Labour Budget delay 'shows Scotland is an afterthought to UK'

Labour's Budget delay leaves Scotland as an “afterthought” and makes it “almost impossible” for the Scottish Government to plan its Budget,…

The Independent UK

Streeting says officers should ‘police streets not tweets’ after Graham Linehan arrest

Father Ted creator claimed he was arrested ‘like a terrorist’ at Heathrow Airport on Monday

The Independent UK

Reeves’ tax hikes have hit ‘one in five job vacancies’ at small firms as Labour urged to fix ‘utter mess’

Exclusive: The Federation of Small Business has claimed Rachel Reeves does ‘not have the backs’ of its members as new analysis of official statistics by the Lib Dems has revealed the impact of the national insurance hike for employers

PC Gamer

I am officially elderly because the new best budget 1440p monitor is better than my own, and I was very proud of it once upon a time

I must have missed the refresh rate memo. And the next one. And the one after that.

Evening Standard

Major retailers warn Reeves tax rises in autumn could push up prices

Some of the county’s biggest chains have signed a letter to the Chancellor sent by trade body British Retail Consortium.

The Independent UK

Which tax rises could fill the £50bn black hole in Britain’s balance sheet?

The Independent looks at Rachel Reeves’ options as she looks to fill the gaping hole in Britain’s public finances this autumn

The Independent UK

Rachel Reeves warned against cutting tax-free pension lump sum as she seeks to raise billions

Currently, pensioners can take out a quarter of their pension pot tax-free, with a cap of £268,000 – but that could change as Reeves attempts to claw back billions

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