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The Latest Breaking News from Budget

Taxes to rise higher AGAIN in next few years and wage increases hit, warn IFS economists after Reeves Budget

The Institute for Fiscal Studies also stressed that much of the National Insurance rise on employers would feed through into smaller pay rises for workers

Evening Standard

Post-budget sell-off of government bonds by worried City traders intensifies, pushing up UK borrowing costs – as it happened

Institute for Fiscal Studies says increasing borrowing to fund investment ‘right thing to do’

The Guardian - UK

Replacement Bakerloo line trains can be 'explored' thanks to Budget, says Sadiq Khan

Mr Khan said the Budget was ‘the best’ he’d heard as mayor, but critics say he has ‘quietly dropped’ his biggest asks

Evening Standard

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

Kirstie Allsopp accuses Rachel Reeves of breaking up farms and estates after Budget

TV presenter says inheritance tax of 20% over £1m announced in Budget will stop farmers passing on businesses to children

The Independent UK

Lack of reform to child benefit bad news for single-parent families, says Martin Lewis

Chancellor Rachel Reeves keeps in place system branded ‘unfair’ on single parents earning over £60,000

The Independent UK

Will Rachel Reeves’s borrow-and-spend Budget actually work?

ANALYSIS: Business will bear the burden of this Budget, so the chancellor must hope it delivers a better economy, says Howard Mustoe

The Independent UK

Leaderless Tories can’t comment on biggest Budget for three decades

The Tories said the party wouldn’t be making detailed comments on the fiscal event

The Independent UK

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NI budget for next year is biggest in history of devolution, Government insists

Stormont finance minister Caoimhe Archibald said while the settlement was encouraging, it was not enough to plug a projected funding gap.

The Independent UK

Rachel Reeves gambles on £40bn tax rise in her first Budget

With a £40bn hike, Rachel Reeves delivered the highest level of tax increases ever announced in a Budget, but questions remain as to whether her measures will deliver the economic growth she hopes for

The Independent UK

NHS receives major Budget boost but ‘lacklustre’ social care settlement will hit councils, experts warn

Government’s Budget settlement for the NHS will not ‘drastically improve care’ this year, experts say

The Independent UK

Reeves uses first Budget to hike taxes, increase borrowing and boost spending

Chancellor Rachel Reeves used Labour’s first budget since 2010 to put extra money into public services but sent taxes to a post-war high.

Evening Standard

First-year tax rates for petrol, diesel and hybrid cars set to rise following Budget

First-year VED rates will increase by more than double after the announcement.

Evening Standard

FTSE 100 drops to two-month low as bond yields rise after Budget

The FTSE 100 finished 59.98 points, or 0.73%, lower to end the day at 8,159.63.

Evening Standard

Budget 2024 calculator: How will Chancellor Rachel Reeves' statement affect you?

Our ready reckoner calculator will allow you to work out whether you are better or worse off

Evening Standard

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The Independent UK

Inflation and mortgage rates elevated by Chancellor’s spending plans, says OBR

Chancellor Rachel Reeves announced almost £70 billion of extra spending each year in her maiden budget.

The Independent UK

Tax calculator: See how Rachel Reeves’ Budget will affect you

Use our Budget calculator to determine whether Reeves’ announcements will leave you better or worse off

The Independent UK

Budget watchdog finds £9.5bn shortfall in previous government’s spending plans

Rachel Reeves’ Budget on Wednesday afternoon sought to address a ‘black hole’ in finances.

The National (Scotland)

Scottish Government gives cautious welcome to Labour Budget

THE Scottish Government has given a cautious welcome to spending pledges in the Budget.

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The Independent UK

Budget 2024: What was missing from Labour’s historic event?

The chancellor confirmed that new tax rises add up to £40bn

The Independent UK

Deputy Speaker Ghani keeps MPs in order as she supervises Budget debate

Ms Ghani also reiterated the chastising of the Government for revealing details of the Budget to the media.

Evening Standard

Small business owner considers selling firm amid minimum wage increase

Christina French, founder of an electrical contracting business, fears she will have to sell one of her businesses to make ends meet.

The Independent UK

Catastrophic cost of Brexit on UK trade revealed in stark OBR warning

Exclusive: Figures published alongside Budget spark claims UK’s exit from EU is ‘elephant in chancellor’s study’

The National (Scotland)

Scotland's hospitality sector issues warning over Labour Budget

SCOTLAND’S top hospitality operator has warned the Chancellor’s decision to raise National Insurance contributions could “certainly cost…

Evening Standard

UK economic growth upgraded this year amid ‘temporary boost’ from spending

The Office for Budget Responsibility has predicted that UK gross domestic product will grow by 1.1% in 2024.

Evening Standard

Mortgage rates to rise after Rachel Reeves' tax, borrow and spend Budget, says official forecaster

The Chancellor has clashed with the Tories over whether her Budget would push up mortgage bills

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