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The Latest Breaking News from Budget

Budget could cost hospitality another 100,000 jobs warns industry boss

Workers aged 16 to 24 make up 10% of the country's total workforce but account for about half the workers in some hospitality roles

Evening Standard

Treasury minister: inquiry into pre-Budget leaks under way

James Murray, a Treasury minister, told MPs that a leak inquiry is ‘under way with the full support of the Chancellor’.

Evening Standard

Badenoch: Reeves could be prosecuted for market abuse over claims before Budget

The Chancellor has faced accusations she misled voters by overstating the scale of the fiscal challenge, but has denied doing so.

Evening Standard

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Big Yellow warns annual business rates bill to jump by £1.8m post Budget

The business said it will be affected by an upcoming tax shake-up which will see properties worth more than £500,000 taxed at higher rates.

Evening Standard

Castles outside London to escape 'mansion tax' as one-bed flats in capital hit by new levy in Budget

Nearly one in four of the properties caught by the ‘mansion tax’ are in just three London boroughs, Kensington and Chelsea, Westminster and Camden

Evening Standard

Keir Starmer to face PMQs amid continued Budget questions

The OECD has warned tax hikes and reduced spending will act as a ‘headwind’ to the UK economy over the next two years.

Evening Standard

Labour now less trusted on the economy than Liz Truss, damning new poll finds

Asked who they would trust with the economy, 10 per cent of people said Labour – fewer than those who said they would trust Liz Truss

The Independent UK

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OBR confronted Treasury about ‘unhelpful’ policy leaks before Reeves’ Budget

The economy watchdog forced to deny being ‘at war’ with Treasury after row over state of Britain’s public finances

The Independent UK

Fresh blow for Reeves as Labour’s anti-migration policies blamed for sluggish UK growth

Less than a week after her controversial Budget, Rachel Reeves has been warned that tax hikes and spending cuts will pile pressure on the UK economy in next two years

The Independent UK

French unions call for day of strike action as draft budget enters crucial stage

French unions have called for a national day of strike action and widespread protests on Tuesday to pile pressure on the government and MPs ahead of a big day of discussions on the government's 2026 budget proposal.

Radio France Internationale

Starmer insists there was ‘no misleading’ after claims Reeves lied in run-up to Budget

Keir Starmer forced to publicly defend chancellor over accusations she lied about country’s finances – as Labour MPs voice discontent

The Independent UK

OBR chief resigns after report blames leadership for Budget blunder

A damning report into last week’s Budget leak said the error was the worst failure in the OBR’s 15-year history

The Independent UK

OBR must ‘change completely’ how sensitive reports published after Budget leak

A review of the watchdog’s processes for publishing has been recommended.

Evening Standard

Regents Park mansion sells for almost £11 million after Rachel Reeves's Autumn Budget

The Budget’s ‘soft landing’ triggered the £10.95 million deal, say selling agents Beauchamp Estates

Evening Standard

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The Independent UK

Starmer’s priorities have changed. He needs to be honest about why

NEWS ANALYSIS: The prime minister’s claim that he always wanted to scrap the two-child benefit cap will cast doubt on his attempt to reassure voters – and his own cabinet colleagues – that he and the chancellor told the truth about tax rises, writes political editor David Maddox

The Independent UK

Scotland could ‘lose our high streets as we know them’, retailers warn

The Scottish Retail Consortium (SRC) is pressing the Finance Secretary to introduce a discount on business rates.

The Independent UK

Reeves ‘very clearly’ misled the public ahead of the Budget – Swinney

Labour ministers have denied any suggestion that Ms Reeves misled voters.

Evening Standard

Autumn Budget: Mortgage approvals dipped and savers ploughed more cash into ISAs in October

Finance experts suggested that speculation over potential Budget measures may have had an impact on households’ sentiment.

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The Independent UK

Mortgage approvals dipped and savers ploughed more cash into Isas in October

Finance experts suggested that speculation over potential Budget measures may have had an impact on households’ sentiment.

Evening Standard

Peel Hunt cheers ‘positive steps’ in Budget to boost London market and investing

The Chancellor announced a three-year stamp duty holiday on shares bought in new UK IPOs as part of measures to encourage investing in UK shares.

The Independent UK

Watch: Keir Starmer defends Budget after claims Rachel Reeves misled public over tax hikes

Watch as Sir Keir Starmer defends Rachel Reeves after she has come under heavy criticism following last week’s Budget.

Evening Standard

Cabinet minister insists Reeves has ‘full support’ on Budget

Rachel Reeves has been forced to defend herself against claims she misled voters by talking up the scale of the fiscal challenge ahead of the Budget.

Evening Standard

‘Boxing Day bounce’ expected to boost housing market

Online property searches often jump on Boxing Day, and some home buyers could be set to spring into action now that Budget uncertainty has cleared

Evening Standard

Budget 'lies' storm: Starmer grilled on whether Reeves misled public and Cabinet over nation's finances

The row threatens to overshadow the Prime Minister’s attempts to get people to focus on the ‘substance’ of the Government’s spending and reform plans

The Independent UK

Rachel Reeves denies lying about Budget black hole to justify £26bn tax hikes

Calls for investigation into accusation Labour chancellor misled the public

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