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The Latest Breaking News from Budget

AO World boss warns over price increases to offset £8m Budget blow

The retailer estimates its wages bill will go up by £4 million due to the rise in NICs and another £4 million because of the minimum wage increase.

Evening Standard

Rachel Reeves accused of making Britain uninvestable as she insists there is no alternative to tax hikes

Food giant CEO accuses chancellor of making Britain uninvestable after CBI boss says her measures will deter companies from expanding, as Reeves insists there’s no alternative ‘but there won’t be another Budget like this’

The Independent UK

Tories demand SNP give pubs and restaurants 100 per cent tax break

THE Tories have demanded the SNP give pubs and restaurants a 100 tax break in the upcoming Budget.

The National (Scotland)

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SNP slam 'anti-democratic' Alex Cole-Hamilton after Budget indy spending comments

THE SNP have branded Alex Cole-Hamilton “anti-democratic” for stating his party will vote down the upcoming Budget if it includes spending…

The National (Scotland)

‘Swathes of social care market could collapse under £2.8bn cost pressures’

The Nuffield Trust said a rise in national insurance contributions and wage bills could see ‘swathes of the social care market collapsing’.

The Independent UK

Most Scots believe UK Budget will leave them worse off, poll says

THE majority of Scots believe the UK Budget will leave them worse off, a fresh poll has suggested.

The National (Scotland)

Shop bosses ‘right’ to warn of job cuts, says Bank of England governor

His statement comes as retailers turn up the heat in their efforts to get Chancellor Rachel Reeves to water down her Budget measures

The Independent UK

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Farmers in tweed, children on toy tractors and celebrities join London protest

Around 13,000 people gathered to voice opposition to proposed changes to agricultural inheritance tax outlined in the Budget.

Evening Standard

Government accused of ‘hammer blow’ to farmers as thousands protest in London

Farmers flocked to Whitehall to protest against changes to inheritance tax and other measures in last month’s Budget.

The Independent UK

Tesco among retailers to warn job losses ‘inevitable’ after Labour Budget tax hikes

THE UK's biggest retailers have warned the Chancellor that jobs will be cut and prices will have to rise as they face a more-than-£7 billion hit…

The National (Scotland)

Britain’s biggest retailers say job losses ‘inevitable’ after Budget tax hikes

More than 70 businesses, including Tesco, Asda and Sainsbury’s, have raised their concerns in a letter to Rachel Reeves.

Evening Standard

Farmer predicts serious food shortages: ‘I won’t be selling any beef or lamb this week’

A farmer predicted "big problems with food shortages" following Labour's changes to inheritance tax announced in the Budget.

The Independent UK

Company failures will stay high amid surge in wage bills, warns Begbies

Begbies Traynor revealed its own hit from the move to increase national insurance contributions, pencilling in a £1.25 million impact from next April.

The Independent UK

Starmer: Funding arrangements to be set by the end of the year

The Prime Minister said that tough decisions were taken in the Budget ‘in order to stabilise the economy’.

Evening Standard

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The National (Scotland)

SNP need to ‘move mountains’ for Lib Dems to back Scottish Budget

SCOTTISH Liberal Democrat leader Alex Cole-Hamilton will warn SNP ministers they will “have to move mountains” to persuade his party to back…

The Independent UK

UK economy under Labour stalls - what that means for you and your money

Labour is facing a headache with its dependency on a growing economy to gather more tax

The Independent UK

Rachel Reeves fightback to woo the City: I’ll ease banking regulations

Chancellor pledges to lift banking regulations to boost growth as she launches fightback against criticism of her Budget

Evening Standard

OPINION - Rachel Johnson: what the fears of my hairdresser tell us about Rachel Reeves's total disaster of a Budget

Yesterday afternoon, I walked to Hair EQ up in Notting Hill Gate, where Tareq has tamed the mane for many years, for a blow-dry before an event at the National Gallery then another thing ie the launch of the Friends of Afghan Women Network (FAWN) in the House of Commons,…

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The Independent UK

Job losses and price hikes inevitable, warn UK’s biggest firms in stark message to Rachel Reeves over Budget

The bosses of some of the UK’s biggest firms have accused the government of failing to engage with them ahead of the Budget, while a survey of business chiefs finds two thirds believe it will make Britain a less attractive country to investors

Evening Standard

Reeves wants pension ‘megafunds’ to boost growth as Budget backlash continues

Chancellor Rachel Reeves said ‘we’re going for growth’ after the difficult decisions in the Budget.

Evening Standard

UK firms ready to kick-start plans put on hold ahead of the Budget – report

A new study from Barclays revealed that 61% of companies surveyed feel confident in the UK economic outlook despite ongoing challenges.

Evening Standard

Parents face higher nursery fees due to national insurance hike, charity warns

Two in five senior staff in childcare settings have said changes in the Budget could lead to permanent closures unless the Government takes action.

Evening Standard

Policies are being ‘Taylor-ed Swift-ly’ under Labour, Tory peer tells Lords

As members of the upper chamber debated the Chancellor’s Budget, Lord Dobbs suggested some workers are ‘luckier than others’.

The National (Scotland)

SNP could strike ferry deal with LibDems in bid to pass Budget

THE SNP are “in talks” over a deal with the LibDems in a bid to pass the Budget ...

Evening Standard

High street firms face ‘terrible choices’ after Budget tax rises

It came amid reports that Tesco is the latest high street giant to face a huge increase in its national insurance bill.

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