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The Latest Breaking News from Budget

Fears grow over big tax rises in Budget as Rachel Reeves hit with £20 billion productivity blow

The Office for Budget Responsibility is set to downgrade its productivity forecasts by more than expected

Evening Standard

Reeves says tax rises are on the table for upcoming Budget

IN FULL

The Independent UK

Four out of five homes hit by a Labour mansion tax 'would be in London and SE'

Latest Budget rumours suggest homeowners could face 1% annual bill on properties worth more than £2 million

Evening Standard

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Millions of households to be hit with tax rises in the Budget, Chancellor Rachel Reeves signals

The Chancellor told an economic forum in Saudi Arabia that she would avoid growth-busting new levies on businesses

Evening Standard

Christmas housing market slowdown has started early, says Zoopla

Buyers are waiting to see what the autumn Budget holds, particularly those looking to purchase homes for more than £500,000, Zoopla said.

Evening Standard

Rachel Reeves wants to eat the rich, but London needs a better boost

As the super-rich take their money out of the capital, there are easy wins the Chancellor could take in her Budget, reports Jonathan Prynn

Evening Standard

Reeves under pressure to break Labour’s manifesto pledge by targeting high earners

IN FULL

The Independent UK

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Rachel Reeves under pressure to target high earners in Budget tax raid

Exclusive: The chancellor is being pushed to break Labour’s manifesto pledge on not raising income tax

The Independent UK

Rachel Reeves warned living wage hike will lead to job losses

The chancellor is looking at raising the living wage to at least £12.70 in her Budget

The Independent UK

Rent crisis will keep breaking new records without action, Labour warned

Council spending on temporary accommodation has doubled in a decade to £2.8bn, a new report shows

The Independent UK

Do not cut cash Isa allowance in the Budget, senior MPs warn Reeves

It is ‘not the right time’ to cut the tax-free limit, a senior MP warns

The Independent UK

Brits to Spend More This Christmas – But Falling Savings and Budget Fears Signal Tougher Times Ahead

UK consumer confidence hits a high, but growing anxiety over personal finances is evident as savings decline.

International Business Times UK

Scrapping two-child benefit cap could lift 630,000 children out of poverty

Scrapping the two-child benefit cap would be among the most cost-effective ways to reduce child poverty, the Institute for Fiscal Studies has said

The Independent UK

Annual UK house price growth slows as London sees average property values fall

Property experts said the autumn Budget has injected uncertainty into the market and made some buyers cautious.

Evening Standard

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Evening Standard

London lawyers and accountants ‘targeted in new £2bn tax raid’ as Rachel Reeves prepares Budget

Rachel Reeves is reportedly considering a new tax hit on more than 190,000 people who use limited liability partnerships

Evening Standard

Brexit has made UK economy and productivity ‘weaker’ than thought, says Reeves

The expected downgrade of the OBR’s previous assumptions is likely to make filling a black hole in her Budget even harder.

The Independent UK

Stealth inheritance tax rises lead to record £4.4bn take for Treasury

Boost to government’s coffers is in part due to frozen thresholds that have remained in place for years

Evening Standard

Rachel Reeves axes ‘arbitrary rules’ costing firms £6 billion ahead of Budget

The Chancellor detailed plans to scrap paperwork for businesses as she looks to fill a black hole in the state’s finances.

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The Independent UK

Universal Credit, PIP and Motability: Could Labour cut more benefits in the autumn Budget?

There are several proposals for further changes to the benefit system

Evening Standard

Autumn house price bounce lower than usual in October, says Rightmove

There has not been enough pent-up momentum or recent positive sentiment to spur the usual autumn bounce in property prices, Rightmove said.

Evening Standard

How thousands in London could be hit with new council tax bands under Rachel Reeves budget plans

Affluent people in the capital are rumoured to be among the main targets for the new taxes

Evening Standard

Cheat the Week: Reeves admits she’s mulling tax rises and spending cuts

This week’s biggest news stories in review, and how the media has covered them

The Independent UK

Is Reeves mounting a pensions tax raid at the Budget?

As the chancellor looks to bolster government funds, few options remain off the table

Evening Standard

Proposed changes to business rates ‘risk slowdown’ in investment, warns BT

BT’s finance chief said expected changes at next month’s Budget could cost infrastructure firms an extra £400 million each year.

Evening Standard

Number of children in temporary accommodation almost double Wembley capacity

Campaigners are calling on Chancellor Rachel Reeves to unfreeze housing benefit in the Budget.

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