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The Latest Breaking News from Budget

Tax hiked and growth downgraded as details of Budget released early

The OBR confirmed Rachel Reeves’ Budget ‘raises taxes by amounts rising to £26 billion in 2029-30’.

Evening Standard

Rachel Reeves says Labour does not need to raise taxes in Budget in resurfaced clip

Rachel Reeves vowed not to increase taxes in the Budget, a resurfaced clip shared by Kemi Badenoch shows.

The Independent UK

Tractors descend on London for Budget protest despite police ban

‘Several arrests’ as convoy of tractors come to capital on Budget Day in protest at the Family Farm Tax, bringing central London traffic to a standstill

Evening Standard

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Budget 2025: Income tax rate will not rise, signals minister - but millions of families 'face £1,600 hit'

Chief Secretary to the Prime Minister Darren Jones makes clear the Government has ruled out a manifesto-busting increase in income tax

Evening Standard

Pets At Home eyes ‘urgent’ cost-saving measures as retail profits plunge

The group said cost-cutting would be a key part of its retail revival plan

The Independent UK

Rachel Reeves will announce the Budget today: Here's what to expect

The Standard looks at the measures the Chancellor is expected to announce today

Evening Standard

Reeves acknowledges anger over economic unfairness as she prepares to hike tax

Chancellor Rachel Reeves will deliver her Budget as she battles to turn around the Government’s fortunes.

Evening Standard

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Reeves vows to make ‘fair and necessary choices’ as Budget day dawns

The Chancellor will aim to grasp the cost of living, and fiscal credibility in her second Budget

Evening Standard

SNP calls on Chancellor to ‘help, not hammer’ families in Budget

Rachel Reeves is expected to introduce tax hikes in her announcement.

Evening Standard

Reeves braced for major Budget clash with businesses over minimum wage and tax rises

The chancellor is set to use her Budget to pin Labour’s hopes on tackling the cost of living while balancing the books by targeting the wealthy

The Independent UK

Budget 2025: Rachel Reeves to hammer London in tax grab on wealthy homeowners and millions of workers

The Chancellor’s plans will also see 260,000 children in the capital benefit from the lifting of the two-child welfare cap

Evening Standard

This make-or-break Budget must match the chancellor’s fighting talk

THE INDEPENDENT VIEW: Editorial: She has broken records by becoming Britain’s first female chancellor, but Rachel Reeves’s bold reforms and her fealty both to her backbenchers and bankers risks unsettling the very people she needs onside

The Independent UK

Business backlash as Reeves confirms minimum wage pay rise hike for millions of workers

The chancellor said the move would mean those on low incomes were ‘properly rewarded’ - but businesses warned the move could drive unemployment and hit economic growth

The Independent UK

Minimum wage to rise by 4.1% from April, government says ahead of budget

The wage rate for young people will increase by 8.5% to £10.85

Evening Standard

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The Independent UK

Increase in minimum wage rates announced

The Government says millions of low-paid workers will get a pay rise.

The Independent UK

What Budget rumours are doing to the FTSE 100

Banking stocks had a lift amid rumours the sector will be spared a tax hit

Evening Standard

What are ISAs - and how might they change in the Budget?

The tax-free cash saving limit could be reduced from £20,000 to £12,000 in the upcoming budget.

Evening Standard

Stormont ability to mitigate Budget decisions ‘very restricted’, O’Dowd says

Chancellor Rachel Reeves will deliver her autumn Budget on Wednesday.

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Cycling Weekly

If Cycle to Work is to be changed in the Budget perhaps it should be in a way that benefits British jobs - and the Treasury need not spend a penny

Is a substantial boon for the British Cycling Industry hiding in plain sight?

Evening Standard

Supermarkets set for higher business rates payments in Budget

Retail bosses have warned that the introduction of a surtax on large stores could lead to higher prices for shoppers.

The Independent UK

Rachel Reeves plans stamp duty holiday for investors

The move is aimed at revitalising London’s flagging financial market

Evening Standard

Chancellor ‘planning stamp duty holiday on newly-listed company shares’

Rachel Reeves is said to be announcing the move in Wednesday’s Budget to help buoy the City’s competitiveness for IPOs.

The Independent UK

Rachel Reeves wants to achieve these five things with her Budget – it won’t be easy

BUDGET 2025: The chancellor took on her role wanting nothing more than economic growth, but her priorities have now dramatically changed, as political editor David Maddox explains

Evening Standard

Motability scheme explained: What it means for drivers ahead of Budget Day

Chancellor Rachel Reeves aims to cut £1 billion from the Motability scheme in the upcoming Autumn Budget.

The Independent UK

What Rachel Reeves could do to pension tax at the Budget

As the chancellor looks to bolster government funds, few options remain off the table

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