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The Latest Breaking News from Budget

Scottish Government says Budget cash should pay for 'at least' 8000 affordable homes

Extra cash for affordable housing in the Scottish Budget should allow for “at least” 8000 more homes for rent and low-cost ownership to be…

The National (Scotland)

Domino’s sees £3m a year impact from Budget measures

The firm also unveiled a new five-year profit and sales target agreement with its franchisees, starting from January.

Evening Standard

Labour will be held accountable if they vote against Budget, says John Swinney

VOTING against the Scottish Government’s Budget will be an “albatross” around Labour’s neck, the First Minister has said, as he pledged to…

The National (Scotland)

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New breakfast club scheme to help children reach ‘learning potential’ – Gilruth

The £3 million Bright Start Breakfasts initiative was announced at the recent Budget.

The Independent UK

Two-child benefit cap mitigation could start in early 2026, says Robison

Shona Robison insisted the scheme is going ahead, saying the Government could implement it before April 2026.

Evening Standard

Rachel Reeves tells small business owner: ‘We are trying to help’

The Chancellor toured the Leeds Corn Exchange ahead of Small Business Saturday.

Evening Standard

Starmer fails to rule out new tax rises – despite Reeves’ claim there wouldn’t be another hike

Concerns are growing over the possibility of another tax raid in the spring

The Independent UK

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CBI downgrades UK economic growth forecasts amid Budget pressures on firms

The CBI has reduced its growth forecasts for the UK economy in 2024 and 2025 as inflation is expected to pick up.

Evening Standard

The great reset: Starmer pins hopes on six new policy ‘milestones’

PM announces priorities to ‘galvanise’ his premiership with pledges on better living standards, shorter NHS waiting lists, more police and 1.5 million new homes... as Bank of England warns firms will axe jobs in response to tax rises

The Independent UK

John Swinney fumes at 'bawling' Tory MSPs during Budget clash at FMQs

JOHN Swinney told Tory MSPs at FMQs to stop “shouting and bawling” as he clashed with Russell Findlay on the Budget at FMQs...

The National (Scotland)

Shona Robison issues new update on Scottish Government's independence papers

SHONA Robison has said that the Scottish Government’s papers on an independent Scotland are “in the final stages”...

The National (Scotland)

Sports Direct owner Frasers blames Budget for profit warning after consumer confidence slump

Frasers expects costs to increase by £50 million in the next financial year as a result of Budget measures

Evening Standard

Keir Starmer’s big idea? Put more police back on the beat

PM refreshes pre-election pledge of safer streets as key part of ‘plan for change’ – as business group casts doubt on Labour’s mission to grow the economy

The Independent UK

Top financial institutions give verdicts on SNP's Scottish Budget

TWO respected financial institutions have given their verdict on the SNP Government Budget, noting a “significant increase” in public service…

The National (Scotland)

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Evening Standard

No more emergency Budget revisions due to pay awards, Shona Robison promises

For the last three years the Scottish Government has been forced to make in-year adjustments to its Budget.

The National (Scotland)

Majority 'better off financially because they live in Scotland' after Budget

THE Finance Secretary has said her Budget for the coming year “offers hope for Scotland’s future”, with 60 per cent of Scots estimated by the…

Evening Standard

Labour MP: I’d vote against inheritance tax changes if real vote held today

Markus Campbell-Savours said he would ‘seek important amendments’ to the policy affecting farmers.

The Independent UK

Two-child benefit cap to be scrapped in Scotland under Budget plans

Finance Secretary Shona Robison also outlined record NHS and local government funding in her tax and spending plans for 2025/26.

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The National (Scotland)

Finance Secretary announces £34 million for Scotland's culture sector

THE Finance Secretary has said she will increase Scotland’s culture budget by £34 million next year...

Evening Standard

Key points from the Scottish Budget

Scotland’s Finance Secretary Shona Robison unveiled her tax and spending plans for 2025/26 to MSPs at Holyrood on Wednesday.

The National (Scotland)

Shona Robison announces Scottish Budget – all the key measures announced

FINANCE Secretary Shona Robison has announced the Scottish Government’s Budget...

The National (Scotland)

SNP to scrap Labour's two-child benefit cap in Scotland, Finance Secretary announces

THE SNP Government will abolish the two-child benefit cap for Scots, the Finance Secretary has told MSPs ...

The National (Scotland)

Keir Starmer claims 'harmonious' bond with Scottish Labour despite 'upset' MPs

KEIR Starmer insisted that he works with Scottish Labour in a “harmonious way” after he was challenged on the Winter Fuel Payment cut at Prime…

The Independent UK

UK interest rates ‘to fall more slowly’ after tax rises and spending hikes in Rachel Reeves’ Budget

Influential Organisation for Economic Co-operation and Development also warns ‘risks and uncertainties high’ for global economy

Evening Standard

UK interest rates to fall more slowly than expected after Budget – OECD

The global economics body also increased its GDP forecast for next year on the back of higher public spending from the Budget.

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