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The Latest Breaking News from Budget

Ouch! Ben Wallace slaps down Johnny Mercer over funding

It’s lucky you don’t have a budget to run, Wallace tells Mercer

Evening Standard

Wallace steps up war of words with fellow minister Mercer over defence funding

Defence Secretary Ben Wallace said veterans minister Johnny Mercer ‘doesn’t have to run a budget’.

The Independent UK

'War is coming' to UK within next 7 years says Ben Wallace in ominous warning

The Defence Secretary is lobbying for increased defence spending in Jeremy Hunt's budget next month, saying that the world is "more dangerous, more unstable and more insecure" since Vladimir Putin's invasion of Ukraine

Daily Mirror

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Jeremy Hunt 'planning to tell GPs not to sign people off long-sick in Budget'

The Chancellor is said to be looking into ways of driving down the number of people signed off sick - but it has sparked concerns that people could be forced into work when they're not well enough

Daily Mirror

Pubs and nightclubs on brink of collapse as Covid 'bounce back' wiped out

A new report on the night time economy - which also looks at how music venues, theatres and cinemas are faring - found that most are in "survival" rather than "thrive" mode amid calls for VAT to be cut in the upcoming Budget

Daily Mirror

Civil servants strike: 100,000 staff to walk out on Spring Budget day

More than 100,000 civil servants are set to walk out on the same day as the Budget across scores of Government departments, a union has announced.

Evening Standard

Holyrood votes to back 'progressive' Scottish Government budget

MSPs have voted to back the Scottish Government’s tax and spending plans in a Holyrood vote.

The National (Scotland)

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Mortgage borrowing slumps by more than £1 billion as the fallout from the mini-Budget drags on

Mortgage approvals dropped to 35,600 in December, the lowest since May 2020.

Evening Standard

Paragon counts mini-Budget cost as buy-to-let loans shrink

Shares higher as overall lending rises even as mortgage market turmoil hits pipeline of new business

Evening Standard

Economists, charities, and everyone else: How Scotland reacted to the Budget

THE Scottish Government has laid out its Budget for 2023-2024 in a heated Holyrood session which saw accusations of leaking to the media fly…

The National (Scotland)

Robertson to go back to ‘basics’ for next Budget

For the first time since Labour came to power, Grant Robertson will stick with spending no more than promised at the upcoming Budget.

Newsroom.co.nz

Pound falls as Jeremy Hunt announces tax rising Autumn Budget

The pound fell 0.9 per cent as the chancellor delivered the long-awaited Autumn Statement

The Independent UK

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

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Evening Standard

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.

Daily Mirror

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

Nottingham Post

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

The Independent UK

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

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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

Birmingham Post

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

Daily Mirror

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

The Independent UK

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

Daily Mirror

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

The Independent UK

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

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