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The Latest Breaking News from Budget

Business Secretary announces electricity discounts of £420 million

Peter Kyle would not comment on whether firms could expect to see tax increases in the budget.

Evening Standard

More than 55,000 UK firms in severe distress, research shows

Experts have warned that the upcoming autumn Budget ‘must deliver urgent support to avoid a wave of failures’.

The Independent UK

Rachel Reeves faces 'cover-up' claim after breaking housing law over London property rental

Sir Keir Starmer says it is ‘regrettable’ that Rachel Reeves had not shared newly-revealed information with him on Wednesday

Evening Standard

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Income tax rise not ruled out by Keir Starmer in PMQs clash on Budget with Kemi Badenoch

Millions of households are set to be hit with tax rises as Rachel Reeves seeks to plug a hole in the public finances

Evening Standard

Pound tumbles as markets take fright over Rachel Reeves' Budget woes with UK productivity downgrade

Sterling dropped to a two-and-a-half-year low against the euro before regaining some ground

Evening Standard

Fresh tax hikes top Budget fears among London small businesses

The percentage of owners predicting growth falls to 36%, lowest level since first quarter of 2021.

Evening Standard

Reeves insists Britain can ‘defy’ poor economic forecasts

The OBR is expected to deal the chancellor a further blow in November by downgrading its productivity forecasts for the economy

The Independent UK

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Britain can ‘defy’ poor economic forecasts, says Chancellor

The OBR is expected to deal the Chancellor a further blow in November by downgrading its productivity forecasts for the economy.

Evening Standard

Rachel Reeves has only one option to grow the economy

THE INDEPENDENT VIEW: Editorial: With a £20bn Budget black hole to plug, the chancellor has no option but to break Labour’s manifesto pledge – tinkering in the margins will hurt growth, while slashing public spending will lead to electoral ruin

The Independent UK

Government refuses to rule out pension changes at Budget

Nearly 20,000 pension savers have urged the government to rule out two key changes

The Independent UK

William Hill owner cheers ‘good progress’ as sports betting boosts revenues

The figures come around two weeks after the company said it was considering store closures if it is hit by higher taxes at next month’s Budget.

The Independent UK

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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Evening Standard

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

The Independent UK

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

IN FULL

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The Independent UK

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

International Business Times 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.

The Independent 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

Evening Standard

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.

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