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The Latest Breaking News from Budget

Unemployment rate hits highest outside Covid years for almost a decade

Experts said the weaker-than-expected figures reinforce the case for the Bank of England to cut interest rates next month.

Evening Standard

Jobless rate hits highest since Covid in blow to Reeves before Budget

The ONS said the unemployment rate rose to 5% in the three months to September

The Independent UK

Please Rachel, put businesses out of their misery and get on with the Budget

Businesses are paralysed by fear about costs, tax and the future. The economy is in suspension.

Evening Standard

From analysis to the latest developments in health,
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Rachel Reeves hints at lifting two-child benefit cap at Budget

The chancellor said it was important not to let the ‘costs to our economy in allowing child poverty to go unchecked’

The Independent UK

Business news live: Brits expected to spend up to £9.5bn across Black Friday to Cyber Monday sales

Stock market news plus latest business and personal finance updates from Monday

The Independent UK

Reeves to hammer London and South East with 2.8m facing Budget blow from 2p income tax rise

The Chancellor has been hit by a Labour revolt over breaking the party’s manifesto by raising income tax

Evening Standard

Co-op to open or refurbish dozens of stores amid cyber attack recovery

The retailer said 50 stores will be opened or re-opened by Christmas as it urged the Government to reform business rates.

Evening Standard

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Co-op to open 50 stores by Christmas in £200m investment

The retailer will open five new micro-format ‘on the go’ stores and a new franchise store at Lancaster University

The Independent UK

Shona Robison may ‘potentially revisit’ Scottish taxes in response to UK Budget

The Finance Secretary said the Scottish Government had a ‘very limited’ set of levers to respond.

Evening Standard

Scottish Finance Secretary requests urgent meeting with Chancellor before Budget

Shona Robison has asked to meet Rachel Reeves where she will set out her three tests for the upcoming Budget.

Evening Standard

How could Rachel Reeves increase income tax in her Budget – and what would it mean for you?

Chancellor reportedly tells watchdog she intends to increase personal tax in one of several ‘major measures’ planned for Budget at end of month

The Independent UK

Starmer ‘facing plots to oust him’ as Labour welcomes back rebel MPs

Conversations around Keir Starmer’s future have reportedly increased in recent weeks, amid continued turmoil in the government

The Independent UK

UK looks to Denmark to shake up immigration system – one of the toughest systems in Europe

A delegation of senior Home Office officials were sent to Copenhagen last month to learn about their interventions and draw lessons that could be applied to the UK, it is understood

The Independent UK

Employee pension contributions ‘to be targeted in Budget’

IN FULL

The Independent UK

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Evening Standard

Starmer said to be facing plots to oust him, as Labour welcomes back rebel MPs

The new intake of Labour parliamentarians are among those said to be discussing the mechanics of a future coup, according to reports.

The Independent UK

Starmer reportedly facing plots to oust him as Labour welcomes back rebel MPs

New intake of Labour parliamentarians among those allegedly discussing mechanics of future coup

Evening Standard

Take some green levies, not VAT, off bills to cut energy costs, Treasury urged

A package of measures could take £178 a year off bills and more than three times that amount for households renting draughty homes, think tank says.

The Independent UK

Just one in five voters approve of Reeves breaking manifesto tax pledge at Budget, new poll shows

Exclusive: The government must provide a positive vision for change if it wants to win the public’s backing for breaking promises on tax rises

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The Independent UK

Labour deputy leader’s views on party policy are ‘irritating’, says Labour peer

Thangam Debbonaire accused Lucy Powell of ‘giving a running commentary and undermining’ the government

Evening Standard

Average UK house price jumped to new record high in October

October saw the biggest monthly rise in UK house prices since January this year, the bank said.

The Independent UK

Average UK house price jumped to new record high in October, says Halifax

October saw the biggest monthly rise in UK house prices since January this year, the bank said.

The Independent UK

Headache for Starmer as splits erupt over tax hikes and minister breaks rules

Labour’s new deputy leader Lucy Powell said the Government ‘should be following through’ on its manifesto pledge on not raising key taxes.

Evening Standard

Keir Starmer hit by bitter Cabinet infighting over Lammy’s handling of jail crisis and Labour revolt on tax

Labour’s new deputy leader Lucy Powell says the Government ‘should be following through’ on its manifesto pledge on not raising key taxes

The Independent UK

Why Rachel Reeves could impose pay-per-mile tax on electric vehicles in Budget

POLITICS EXPLAINED: Fuel duty on petrol vehicles has been frozen for so long that the Treasury has set its sights on electric cars instead, as Sean O’Grady explains

The Independent UK

Labour’s new deputy leader warns Rachel Reeves not to break manifesto pledge and raise taxes

Keir Starmer’s new deputy, who replaced Angela Rayner, also demanded urgent action on the controversial two child benefit cap in the Budget

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