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The Latest Breaking News from Budget

Budget 2024: Public sector pay rise row as borrowing hits £80 billion in blow to Rachel Reeves

Public sector net borrowing in the first half of the financial year rose to £79.6 billion, according to the ONS

Evening Standard

Budget 2024: How tax rises by Chancellor Rachel Reeves will hit Londoners and London firms

Standard analyses impact of potential tax rises in the Chancellor’s October 30 Budget on millions of Londoners

Evening Standard

Tax on high earners ruled out as Rachel Reeves looks to plug £40bn Budget black hole

No 10 forced into astonishing admission that high earners can also be protected by its pledge not to raise national insurance for working people – after minister refused six times to confirm if that included employees on six-figure salaries

The Independent UK

From analysis to the latest developments in health,
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When is the Budget and what is the ‘stealth’ tax rise Labour are set to keep?

Millions could pay more income tax if ‘stealth’ policy is continued

The Independent UK

Budget tax hit fears for £100,000+ earners as minister won’t say they are Labour’s ‘working people’

The stance will fuel fears that London could be heavily impacted by the Budget due to be delivered by Chancellor Rachel Reeves on October 30

Evening Standard

‘Buyers’ market’ as property asking prices rise more slowly than usual

Across Britain, the average asking price for a property increased by 0.3% month-on-month, or £1,199 in October, Rightmove said.

The Independent UK

Wes Streeting warned inflation-busting NHS Budget deal will not be enough

Health experts urge the government to find more money to tackle waiting lists and improve NHS care

The Independent UK

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HS2 high speed trains to Euston will be 'most comfortable' on UK rail network with 87cm of legroom

Chancellor Rachel Reeves is set to confirm in the Budget that HS2 will run to Euston

Evening Standard

Disposable vapes ban: Labour’s war on vaping explained

Disposable vapes will be banned from sale in England and Wales from 1 June, 2025 - as Labour reportedly considers increasing a incoming tax on vaping products

The Independent UK

Reeves warned inheritance tax hike would punish middle classes as Budget backlash intensifies

Experts said the ‘death tax’ had a lot of emotional resonance with voters

The Independent UK

What the inheritance tax rise in the Budget means for you

Only around 4 per cent of families have to pay ‘death tax’ under current legislation

The Independent UK

Inheritance tax to rise in Budget as Reeves plans to hit well-off

Just 5 per cent of all deaths incurred Inheritance Tax in 2022–23

The Independent UK

Rachel Reeves to push forward with £3bn sickness benefits cut in Budget

Charities warned cuts proposed by the Tories would have a ‘devastating impact’ on disabled people

The Independent UK

Stephen Flynn tells Keir Starmer to 'listen to voters' and block budget cuts

KEIR Starmer has been told to “listen to voters” and block his Chancellor’s plans to impose deep cuts in this year’s Budget ...

The National (Scotland)

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The Independent UK

Keir Starmer’s warning to ministers after cabinet Budget row erupts

Angela Rayner leads revolt against ‘huge’ spending cuts in Rachel Reeves’s Budget

The Independent UK

How make-or-break Budget has fractured Keir Starmer’s cabinet

ANALYSIS: With the prime minister’s poll ratings at rock bottom, Sir Keir Starmer is grappling with cabinet unity ahead of Rachel Reeves’ Budget, writes Political Correspondent Archie Mitchell

Evening Standard

Halifax and Barclays increase mortgage rates amid Budget jitters

Move means best priced sub 4% deals are fast disappearing from the market

The Independent UK

Millionaires urge Reeves to raise £14bn from capital gains tax changes at Budget

Government analysis has previously all but ruled out the measures

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The Independent UK

The £40bn question: How will Rachel Reeves balance the books?

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’

The Independent UK

Does the drop in inflation mean things are going to get better?

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 National (Scotland)

Scottish Government hits out as Ofcom lets Channel 4 focus budget in England

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

Evening Standard

Rachel Reeves 'rolling pitch for big tax rises' in Budget with £40billion plan briefing, says top economist

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

Evening Standard

OPINION - Keir Starmer's prosperity plan for Britain is lacking some vital ingredients

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…

Evening Standard

Why are mortgage rates rising and when could they fall again?

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

Evening Standard

Tax row: Will Rachel Reeves break Labour manifesto by raising National Insurance on employers in the Budget?

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

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