The Latest Breaking News from Budget

Government analysis has previously all but ruled out the measures

Chancellor boosted by a surprise drop in inflation after the cabinet is warned she may need to find £40bn in taxes and borrowing in her Budget, dwarfing previous estimates of the fiscal ‘black hole’

As the CPI shows a fall in the overall rate at which prices are rising, Sean O’Grady looks at what it might mean for those of us hoping for an improvement in our everyday finances – and for the chancellor, too, as she prepares to announce her first Budget in…

THE Scottish and Welsh governments have spoken out against Ofcom’s decision to allow Channel 4 to disproportionately focus its budget in England…

IFS director Paul Johnson believes Labour will break its election manifesto on tax

Labour has read its John Maynard Keynes. It unleashed the “animal spirits” of a possible economic bounceback at its first investment summit yesterday, with an upbeat Keir Starmer pledging to “improve Britain’s brand” and promising a land of opportunity for global investors — and some “heritage Yookay“ experience thrown in…

The Bank of England is still expected to cut its headline lending rate from 5% to 4.75% when its Monetary Policy Committee meets in November

The jury seems to be out on this key question on Labour’s economic policy

National Insurance for employers also appears set to increase in the Budget on October 30

Fourth big tax freeze as chancellor makes bold offer to attract top global firms to UK

Prime Minister Keir Starmer has promised to “rip out the bureaucracy that blocks investment” in the UK. He was speaking at his government’s first international investment summit, an attempt to encourage the finance and business worlds to put more money into the country.