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The Latest Breaking News from Budget

FTSE 100 falters as investors mull outlook for UK economy

It comes as Rachel Reeves told Sky News that she is looking at both tax rises and spending cuts in the upcoming Budget.

Evening Standard

Housing targets could be derailed if cash Isa limit is cut – building society

Reports suggest that the Treasury could be considering cutting the annual cash Isa limit to £10,000.

Evening Standard

Reeves poised to make major change to cash ISAs

Several potential options are on the table regarding Isas, but no decisions have been made

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

Chancellor Rachel Reeves hints she's looking for tax rises and spending cuts in upcoming Budget

Chancellor Reeves fails to accept responsibility for economic woes as she blames impact of Brexit, austerity policies and ex-PM Liz Truss's mini-budget

Evening Standard

Reeves eyes tax hikes as economy suffers ‘severe and long-lasting’ Brexit impact

Rachel Reeves said ‘austerity, Brexit, and the ongoing impact of Liz Truss’s mini-budget’ had weighed heavily on the UK economy.

Evening Standard

The government cannot afford to limp on without an economic strategy

THE INDEPENDENT VIEW: Editorial: As the IMF downgrades its UK growth projection for next year, it also predicts we will have the highest inflation of any G7 country. Ahead of a Budget that will doubtless raise taxes, it is time the prime minister made the case for what his administration…

The Independent UK

Reeves urged to overhaul tax system and hike levies in breach of manifesto

Tax experts said the fiscal backdrop to the Chancellor’s November Budget is ‘desperate’.

Evening Standard

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Budget situation is ‘desperate’, Reeves warned as experts say she has no choice but to raise big taxes

Labour chancellor told a ‘Scrabble bag’ of smaller increases will not rejuvenate UK’s faltering economy

The Independent UK

Bellway calls for Government to ‘commit’ to addressing home affordability issues

The housebuilder nonetheless said it sold more homes over the past year.

Evening Standard

Unemployment rises to more than 1.7million as Budget jobs fall out gathers pace

Hard hit hospitality sector sees 59,000 jobs lost in past year according to ONS data

Evening Standard

Retail spending slows as Budget looms large

Non-food sales growth slowed to 0.7% against growth of 1.7% last September and below the 12-month average growth of 0.9%, the BRC and KPMG reported.

Evening Standard

Chancellor urged not to raise taxes on ‘drained’ businesses in Budget

The British Chambers of Commerce urged a reform of business rates.

Evening Standard

Forbes calls for windfall tax to be replaced at the coming Budget

The tax places a levy on the profits of oil and gas firms and is due to continue to 2030.

Evening Standard

Rachel Reeves warned against pensions tax raid or annual wealth tax at budget

The chancellor is facing increasing pressure to rescue the UK’s troubled finances in the Budget but the IFS has warned against raiding pensions or levying a wealth tax

The Independent UK

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The Independent UK

Keir Starmer ‘planning to blame Nigel Farage and Brexit’ for budget tax hikes

Sir Keir Starmer has been ramping up his attacks on Nigel Farage in recent weeks as Labour falls behind in the polls

Evening Standard

Home buyer demand weakens for third month in a row as sales fall – surveyors

Uncertainty around potential measures in the Budget is likely adding to cautious sentiment, the Royal Institution of Chartered Surveyors said.

Grocery Coupon Guide

5 Everyday Discounts Seniors Qualify For—But Hardly Anyone Knows About

Getting older comes with its perks—but many seniors aren’t taking full advantage of them. Beyond the well-known restaurant or movie discounts, there are dozens of lesser-known savings that can make a real difference to a retiree’s budget. From utilities to travel, many companies quietly offer senior discounts that go unclaimed…

The Independent UK

Data error gives Rachel Reeves an extra £3bn for Budget – but she still has to find up to £40bn

The latest revisions hand a rare boost to the beleaguered chancellor, who is gearing up for a difficult Budget next month

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news in one place.

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The Independent UK

Average UK worker would need to save 52 years of earnings to be wealthy

The average Brit would need to work for over half a century with no outgoings to move into the wealthiest bracket, according to analysts

The Independent UK

Irish Government increases spending and scales back planned tax measures

Ministers pledged to ‘secure jobs and stability at a time of global challenge’.

The Independent UK

Average UK house price fell by £794 in September, says Halifax

The bank said a relatively lower mortgage rate environment and steady wage growth have helped support buyer confidence.

Evening Standard

House prices: the average UK property price fell by £794 in September

The bank said a relatively lower mortgage rate environment and steady wage growth have helped support buyer confidence.

The Independent UK

Starmer faces cabinet revolt over Budget tax rises that could drive wealthy away

‘The trouble is we have crossed a line in trying to encourage aspiration. The non-dom change and the VAT on school fees have sent the opposite message,’ minister tells The Independent

The Independent UK

Supermarket boss declares ‘enough is enough’ ahead of Autumn budget

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