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The Latest Breaking News from Budget

‘Mortified’ OBR chief prepared to resign if Reeves loses confidence in him over Budget leak

Richard Hughes has written to the Chancellor and Commons Treasury Committee chair Dame Meg Hillier to apologise for the incident

The Independent UK

Race hate crime numbers in NI third highest on record

The figures relate to the 12 months from October 1 2024 to September 30 2025 and cover anti-immigration riots.

Evening Standard

Starmer forced to deny breaking Labour manifesto as experts sound dire warning over Budget plans

Damning assessment came as chancellor and prime minister forced to defend plans and insist they did not breach manifesto promises

The Independent UK

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UK mid-caps outperform in calm post-Budget trade

‘UK assets continue to hold up well in the wake of the Budget,’ said IG analyst Chris Beauchamp.

Evening Standard

A shackled economy, no long-term vision for growth — and no help for London

Once again the capital did not get a single mention in the Chancellor’s speech

Evening Standard

Lifetime ISA set to be scrapped - everything you need to know

Over a million people hold an account

The Independent UK

Blow to two major London transport projects as they miss out on funding at Budget

Whilst the DLR extension was given the green light by the Chancellor, there was no mention of funding for the Bakerloo Line or delivery of the West London Orbital

Evening Standard

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Jools Holland unveils Hootenanny line-up featuring Ronnie Wood and Jessie J

The long-running music celebration will once again see Holland joined by his Rhythm and Blues Orchestra as a roster of guests ring in 2026 with live performances

Evening Standard

Net migration to the UK: Key numbers and trends

The steep fall in the latest figures is part of a downwards trend that has been under way since 2023.

The Independent UK

Did Rachel Reeves break her manifesto pledge on tax? Her own words suggest she did

BUDGET ANALYSIS: The chancellor is using semantics to argue she has not broken her pledge – which will be of little comfort to those whose income tax bill will soar, writes David Maddox

The Independent UK

Royal family gift thought to be lost for decades could break auction records

One art expert likened it to a ‘luxurious Kinder Surprise chocolate’

The Independent UK

NI minister warns against additional revenue-raising on back of Budget

Gordon Lyons said such measures would target working people in the region who were already being ‘hammered’.

Evening Standard

Budget airlines jostle for Ukraine flight revival once war with Russia ends

Exclusive: Both Ryanair and Wizz Air insist they will be first back when the fighting stops, with easyJet planning flights from Gatwick to Kyiv

The Independent UK

Reeves should be more ambitious on tax reform to boost economic growth – IFS

The Institute for Fiscal Studies’ director Helen Miller called on the Chancellor to be more ambitious about measures to boost growth.

The Independent UK

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The Independent UK

Keeping windfall tax is right thing to do, says Reeves amid concerns over jobs

The Chancellor responded to criticism from the sector and the Scottish Government following her decision to maintain the energy profits levy.

Evening Standard

Travelodge warns over raft of cost hikes and Budget pressures

The group is facing higher staff bills, property taxes and a hit from the new tourist tax.

The Independent UK

Major hotel chain warns of ‘barrage of rising costs’ from Budget

The hotel group says it is now facing higher staff and tax bills

Evening Standard

Revealed: £600-a-year average income tax rise for millions with London hardest hit in Reeves Budget

The Chancellor was facing criticism that she was hitting workers with tax rises to pay for more benefits

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Evening Standard

Gambling giants warn of £700 million hit from Chancellor's betting duty hikes

The OBR said it expected the changes to raise an extra £1.1 billion a year for the Treasury by 2029-30

Evening Standard

Rachel Reeves insists tax on working people kept at ‘absolute minimum’ at Budget

The Chancellor struck a defiant tone, saying: ‘You’re not going to write my obituary,’ a day after her statement.

The Guardian - UK

Economists warn budget built on ‘shaky foundations’; December UK interest rate cut looks more likely – as it happened

Experts question whether back-loaded tax rises outlined in Wednesday’s budget will really happen

The Independent UK

‘You will be worse off’: Martin Lewis reveals what Rachel Reeves’s Budget will mean for your wallet

The chancellor unveiled £26 billion worth of tax hikes to close a large hole in the public finances

Evening Standard

'You won't write my obituary': Under-fire Reeves hits back at critics of her tax and benefits Budget

The Chancellor’s statement put Britain on course for a record tax burden as she hikes levies

The Independent UK

Chancellor to face more questions after Budget overshadowed by major leak

The Chancellor’s decisions put Britain on course for a record tax burden as she hiked levies.

Evening Standard

'Chilling effect' of Budget briefings cost London jobs, say bosses as Reeves defends her tax and spend plans

They also warned the Chancellor’s measures would have ‘little to no impact on growth in the round’

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