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The Latest Breaking News from Budget

Reeves admits she’s looking at tax rises and spending cuts in Budget

The chancellor blamed Brexit for the move, saying it has had a ‘severe’ impact on the public finances

The Independent UK

Consumer caution ahead of Budget drives drop in footfall – BRC

Total UK footfall was down by 1.8% in September compared to a year earlier, according to BRC-Sensormatic data.

Evening Standard

Ministers barred from using emergency Treasury funds for public sector pay rises

The Treasury is limiting access to the reserve for departments ahead of the Budget.

Evening Standard

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No more bailouts to fund public sector pay rises, cabinet ministers warned

Labour chancellor Rachel Reeves tightens purse strings ahead of difficult Autumn Budget

The Independent UK

Housing data to shed light on market amid pre-Budget buyer ‘hesitation’

Zoopla recently said pre-Budget speculation about possible property tax changes was creating hesitation in the buyers market.

Evening Standard

Do not make it harder for grocers to lower prices, Tesco boss urges Government

Households budgets remain squeezed and shoppers are increasingly seeking out value, according to the UK’s biggest supermarket.

Evening Standard

Tesco boss issues warning to Rachel Reeves over ‘what lies ahead’

Tesco says household budgets are squeezed and shoppers are increasingly seeking out value

The Independent UK

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UK Economic Growth Stalls at 0.3% — Tough Choices Loom for November Budget

UK GDP grew just 0.3% in Q2 2025, raising pressure on Chancellor Reeves ahead of the November Budget as tough tax and spending choices loom.

International Business Times UK

London property prices flatline amid fears over Budget tax raid on home sales

Market has been side-swiped by speculation about a possible sales tax on properties worth more than £500k

Evening Standard

Rachel Reeves warns of looming ‘harsh headwinds’ as she fails to dispel fears over major tax rises

The chancellor received 10 standing ovations as she set out her pitch to Labour members ahead of what will be a difficult Budget in November

The Independent UK

Why the maternity pay income gap can cost women thousands - and tips for how to prevent it

How having a baby can leave a £20,000 hole in your household budget – and even more in retirement

The Independent UK

Reeves warns of hard choices to come as UK hit by ‘global headwinds’

Chancellor Rachel Reeves appears on course to hike some taxes in November’s Budget.

Evening Standard

Home purchase mortgage approvals dip as buyers wait for autumn Budget

Demand at the upper end of the housing market has been dampened ahead of the autumn Budget

Evening Standard

Reeves says ‘world has changed’ since last year as she hints at tax rises

The Chancellor had promised business leaders in 2024 the Government would not be coming back for ‘more taxes.’

Evening Standard

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Evening Standard

Demand for homes priced above £500k dampens amid Budget speculation

Some buyers are adopting a ‘wait and see’ approach ahead of the Autumn Budget in November

Evening Standard

Budget is ‘critical point’ for Unite’s continued Labour support – Sharon Graham

The general secretary said the party should ‘wake up’ and ‘do Labour things’.

The Independent UK

Budget blow for Reeves as UK’s key economic forecast slashed

Exclusive: Budget watchdog is set to downgrade a key economic performance indicator for the UK in a move that could drive tax hikes – as chancellor tries to shift blame on to Tories

The Independent UK

Inflation to surge and growth to drop in fresh economic blow to Reeves

With a difficult Labour conference to come next week followed by the autumn Budget, the OECD’s conclusions have come at a bad time for Rachel Reeves

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The Independent UK

Rachel Reeves facing backlash in ‘taxi tax’ Budget row

Levy on cab rides set to join other Budget disasters such as ‘tractor tax’ and ‘pasty tax’

Evening Standard

Britain's biggest housebuilder warns late Budget increases risks for the sector

Rachel Reeves will not deliver her set piece statement to the Commons until November 26

Evening Standard

Barratt cautions over ‘limited growth’ as tax hike fears weigh on buyer demand

The housebuilding giant said the upcoming Budget on November 26 has added ‘additional risk’ to the outlook.

The Independent UK

Fears for UK’s pubs and restaurants as hospitality hit hardest by job cuts

The industry could lose up to 111,000 job losses in little more than a year, warns trade body UKHospitality

The Independent UK

John Lewis and Waitrose owner loses £88m after national insurance hike

The retail giant reports a substantial half-year loss but ‘optimistic’ it can turn it around with Christmas trading

Evening Standard

Losses widen at John Lewis Partnership after Budget tax increases

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

The Independent UK

Voices: Will a pensions raid stop young people from saving?

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

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