The Latest Breaking News from Jeremy Hunt

In the long line of UK government budgets, this first one from Labour in 14 years will be remembered as one of the more significant. Perhaps not like those of Geoffrey Howe in 1981, which controversially cut spending in the middle of a recession, or Hugh Dalton in 1946, which…

Also this week, Sunak fails to go out with a bang, while his party can just about be bothered to pick his replacement

Increase in employers’ national insurance contributions will affect businesses but is projected to raise £25bn

The Chancellor acknowledged her decision to raise national insurance contributions for employers could affect wage growth for workers.

The Chancellor acknowledged her decision to raise national insurance contributions for employers could impact wage growth for workers.

The Resolution Foundation has warned that the pay outlook is “dire” and many UK workers will not feel any better off by the end of this Parliament

Rachel Reeves has hit back at criticism of her Budget after the chancellor received backing from the International Monetary

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

The Chancellor defended her first fiscal announcement and said she does not want to repeat the £40 billion tax rises she implemented.