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The Latest Breaking News from Budget

Frasers to give glimpse into retail conditions after ‘challenging’ year

The retail group, which owns brands including Sports Direct and House of Fraser, will publish its half-year financial results on Thursday.

Evening Standard

No 10 denies Reeves misled over black hole as OBR letter challenges warnings

The Chancellor was told in October by the Budget watchdog that her spending plans would no longer incur a black hole.

The Independent UK

No 10 denies Reeves misled public over the UK's finances ahead of Budget

Conservative leader Kemi Badenoch claimed the Chancellor had ‘lied to the public’ and should be sacked

Evening Standard

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Reeves vows state pensioners won’t have to pay tax despite alarm over Budget changes

Chancellor says Treasury won’t go after ‘tiny amounts of money’ and pledges they won’t pay any tax in this parliament

The Independent UK

The Budget’s stealth tax phenomenon and how much it will cost you

Even when taxes don’t rise, your payments might as a result of what’s called fiscal drag

The Independent UK

Budget questions answered: Money expert Gabriel Nussbaum on pensions, ISAs and what it means for you

ASK ME ANYTHING: Financial expert Gabriel Nussbaum (aka That Money Guy) answers your questions on the Budget’s pension changes, ISA limits, family support, and what the announcements mean for your finances

The Independent UK

ICC judges to rule on provisional release of former Philippine President Rodrigo Duterte

Former Philippine President Rodrigo Duterte could be released from detention at the International Criminal Court on Friday

The Independent UK

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Property market 'will bounce back into the new year' after London house prices drop

Zoopla said home buyers and sellers will ‘welcome the end of the uncertainty that has stalled housing market activity.’

Evening Standard

Housing market ‘will bounce back into the new year after Budget uncertainty’

Zoopla said home buyers and sellers will ‘welcome the end of the uncertainty that has stalled housing market activity.’

The Independent UK

Starmer calls two-child benefit cap a ‘failed social experiment’ that had to go

Scrapping the benefit cap will cost around £3 billion by the end of this Parliament, according to the OBR

The Independent UK

Two-child benefit cap a ‘failed social experiment’ that had to go, PM says

Ditching the cap will cost about £3 billion by the end of this Parliament, according to the Office for Budget Responsibility.

Evening Standard

Is this the ‘change’ that Britain voted for?

THE INDEPENDENT VIEW: Editorial: Now that the dust has settled on the Budget, it becomes clearer that this government’s priorities are out of line with the national interest, insulting to many and corrosive to the public’s threadbare trust in politicians’ ability to deliver on promises

The Independent UK

Martin Lewis issues state pension warning after Budget

Martin Lewis has issued a key state pension update during his Budget special on Thursday, 27 November.

The Independent UK

‘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

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Evening Standard

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.

The Independent UK

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

Evening Standard

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

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The Independent UK

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

Over a million people hold an account

Evening Standard

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

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

The Independent UK

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’

Evening Standard

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’.

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