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The Latest Breaking News from Budget

Reeves: Welfare cannot be left ‘untouched’ in Budget

An attempt to push through cuts to benefits earlier this year led to an embarrassing last-minute U-turn for the Government.

Evening Standard

Labour tax pledge stands, says No 10, as Reeves rolls pitch for hikes on wealthy

The Chancellor has acknowledged she is looking at potential tax rises and spending cuts at her November 26 Budget.

Evening Standard

Chancellor facing further Budget challenges after muted economic growth

The ONS said GDP rose by 0.1% in August and fell by 0.1% in July, in a revision to the previous estimate for no growth.

Evening Standard

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UK stuck in slow lane ahead of Budget with 'meagre' 0.1% GDP growth in August

Latest GDP figures just over come a month ahead of Autumn Budget

Evening Standard

Higher taxes for the wealthy will be ‘part of the story’, says Reeves ahead of Budget

The chancellor has confirmed that tax rises for the wealthy will be ‘part of the story’ as she seeks to fill a £50m financial blackhole

The Independent UK

Reeves suggests higher taxes on wealthy will be in Budget

The Chancellor said the economy is still suffering from the impacts of leaving the European Union, austerity policies and Liz Truss’s mini-budget.

Evening Standard

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

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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

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

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

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

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

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Evening Standard

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

The Independent UK

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

Evening Standard

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.

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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

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

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’

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