The Latest Breaking News from Budget

However, the employee-owned group said it is still ‘well positioned’ to deliver profit growth for the full year.

COMMENT: As British workers make record withdrawals from their pension pots, amid fears that the chancellor is about to reduce the tax-free limit in her autumn Budget, James Moore worries that some people might be prompted to make bad decisions that will affect more than just their later years

THE INDEPENDENT VIEW: Editorial: Keir Starmer and his chancellor Rachel Reeves have less than two months to devise a Budget that addresses people’s real concerns. A limited reshuffle of Downing Street personnel is a good place to start

July retail sales were up 2.5 per cent on 2024 but they were not close to covering the the last budget’s £7 billion in new costs on the sector

There are growing questions over how the government will fill a black hole in the public finances at the next budget

The Office for Budget Responsibility’s warning piles fresh pressure on Rachel Reeves ahead of the autumn Budget

Rachel Reeves will mark her first year in office as Chancellor on Saturday

Local authorities are expected to use existing budgets to tackle the problem of dumped waste.

The Chancellor updated MPs on the nation’s finances.