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The Latest Breaking News from Budget

A quick guide to the autumn Budget ahead of Jeremy Hunt's statement

JEREMY Hunt is set to announce the autumn Budget in which he is expected to unveil spending cuts and tax rises.

The National (Scotland)

Kwasi Kwarteng accused of 'rewriting history' as he passes blame for crashing the economy

Former chancellor Kwasi Kwarteng has claimed he pleaded with Liz Truss to "slow down" her tax cutting rampage - even though he went on TV two days after the mini-Budget to boast it was just the start

Daily Mirror

London property market sees demand for homes almost halved since disastrous mini-Budget

The fall in demand for homes is far greater in London than any other UK region.

Evening Standard

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UK house prices FALL for first time in 15 months after Mini-Budget chaos, says Nationwide

Property prices fell 0.9% compared to September to £268,282, according to Nationwide Building Society, the first monthly drop since July 2021 and also the biggest decrease since June 2020

Daily Mirror

Mortgages set to rise £6,700 a year after mini-budget crashed the economy

Many economists are saying that the Monetary Policy Committee is likely to raise interest rates again

Nottingham Post

General election now: Half of Tory voters now back vote as pressure builds on Sunak

New survey shows highest level of support for national vote since mini-Budget turmoil

The Independent UK

Tory mayor calls for tax rises over spending cuts in Rishi Sunak’s autumn budget

‘A little extra tax’ needed to support public services valued by public, says Andy Street

The Independent UK

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Mini-Budget 'screeching handbrake' U-turn divides opinion among businesses

Some business leaders have welcomed the news, while others have spoken of concern about the future of the economy

Birmingham Post

Mini-Budget U-turns mean interest rates may NOT rise as much as feared, say experts

The new Chancellor Jeremy Hunt this morning announced he will scrap major policies planned by his predecessor Kwasi Kwarteng, in an attempt to calm rattled markets

Daily Mirror

Use our Mini-Budget U-turns calculator to see how tax and energy shake-ups affect you

The Mirror has designed a special Mini-Budget changes calculator so you can check the direct impact on your salary and finances, as well as what the U-turns mean for your energy bills this winter

Daily Mirror

Jeremy Hunt says taxes will rise and ‘difficult’ cuts are needed after mini-Budget ‘mistakes’

Also refused to commit to PM’s pledged 1p cut in income tax and to raise defence spending to 3 per cent

The Independent UK

What Bank of England emergency action means for your pension, mortgage and the pound

The Bank of England has been forced to intervene to help pension funds after the Mini-Budget spooked financial markets - but its emergency bond-buying programme is set to end on Friday

Daily Mirror

No 10 reviews Kwarteng’s mini-Budget measures following market turmoil

Exclusive: Staffers told to undertake line-by-line scrutiny to see if changes are needed

The Independent UK

Which lenders have removed their mortgages as hundreds more deals pulled

321 more deals have been pulled as market calms after mini-Budget turmoil

The Independent UK

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Daily Mirror

Mortgage rates hit highest level in 14 years - surging past 6% in blow for buyers

A standard two-year fixed rate mortgage deal has risen to 6.07^ since Chancellor Kwasi Kwarteng’s Mini-Budget was announced last month, Moneyfacts has said in its latest analysis

Daily Mirror

Kwasi Kwarteng U-turn is too late to stop mortgages soaring, experts fear

More than 40% of mortgage products were pulled after the Chancellor’s Budget triggered a slump in the pound and fears of interest rate hikes. The average two-year fixed mortgage rate is now close to 6%

Evening Standard

Kwasi Kwarteng admits attending banker champagne reception after mini-Budget ‘wasn’t best idea’

Chancellor admits: ‘With hindsight it probably wasn’t the best day to go’

Irish Mirror

Sinn Fein still by far the most popular political party in Ireland with well over double support of Fianna Fail

The survey also found that neither Fine Gael or Fianna Fail got much of a Budget bounce

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Daily Mirror

Kwasi Kwarteng accused of attending mini-Budget day champagne bash with financiers

The under-fire Chancellor was a reported congratulated by guests on his mini-Budget while at the west London home of a rich Tory donor, according a report in The Sunday Times

Evening Standard

FTSE 100 Live: Pound tanks after Kwarteng meets with OBR

The pound fell 1.5% against the dollar to $1.10 after Liz Truss and Kwasi Kwarteng met with the head of the UK’s Budget watchdog, Richard Hughes.

The Independent UK

Which lenders have removed their mortgages as hundreds more deals pulled

321 more deals have been pulled as market calms after mini-Budget turmoil

Daily Mirror

All the help available if you can’t pay your mortgage as average two-year fix hits 6%

The typical two-year fixed mortgage deal has hit 6% for the first time since December - here, we explain what to do if you can't pay your mortgage and you're worried about falling into arrears

Daily Mirror

House sales COLLAPSE after banks pull mortgage offers - as market meltdown continues

North Wales estate agent Ian Wyn-Jones has warned how mortgage offers are now being pulled, as the market was left spooked this week following the Mini-Budget delivered by Kwasi Kwarteng

Daily Mirror

Your mortgage questions answered - what to do next if you're on a fixed or variable deal

The mortgage market have been spooked by the Mini-Budget, with lenders pulling deals over fears that interest rates could hit 6% next year - here's what you need to know

Dublin Live

Budget calculator 2023: How income tax changes will affect you

PwC have a handy calculator which allows one to calculate exactly how much tax they will be paying in the year ahead

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