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The Latest Breaking News from Budget

Labour must back Budget and restore winter fuel support, say SNP

LABOUR have been urged to back the SNP’s plans for a replacement winter heating support scheme for pensioners.

The National (Scotland)

Pharmacies could cut hours or close as a result of Budget measures, leaders warn

A number of organisations representing pharmacists have joined forces to urge Health Secretary Wes Streeting to intervene.

The Independent UK

Starmer and Reeves row back from ‘no more borrowing or taxes’ pledge

The Chancellor and the Prime Minister said it was not possible to write five years of budgets in advance.

The Independent UK

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Starmer declines to repeat Chancellor’s pledge of no more borrowing or tax hikes

The Prime Minister was challenged in the Commons by Tory leader Kemi Badenoch.

Evening Standard

SNP ready for early Holyrood election if Budget fails to pass, says John Swinney

JOHN Swinney has insisted the SNP are ready for an early Holyrood election if the Scottish Budget fails to pass.

The National (Scotland)

‘Social care facing insurmountable costs amid catastrophic impacts of Budget’

The national children and adult services conference (NCASC) is taking place in Liverpool.

The Independent UK

Topps Tiles cautions over costs as profits slump on weak home improvement market

The retailer said recent Budget measures will an extra £4 million to its wage bill from next April.

Evening Standard

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Alba set out terms for supporting Scottish Budget

THE Alba Party have said the introduction of universal free school meals will be part of their terms for supporting the Scottish Budget.

The National (Scotland)

AO World boss warns over price increases to offset £8m Budget blow

The retailer estimates its wages bill will go up by £4 million due to the rise in NICs and another £4 million because of the minimum wage increase.

Evening Standard

Rachel Reeves accused of making Britain uninvestable as she insists there is no alternative to tax hikes

Food giant CEO accuses chancellor of making Britain uninvestable after CBI boss says her measures will deter companies from expanding, as Reeves insists there’s no alternative ‘but there won’t be another Budget like this’

The Independent UK

Tories demand SNP give pubs and restaurants 100 per cent tax break

THE Tories have demanded the SNP give pubs and restaurants a 100 tax break in the upcoming Budget.

The National (Scotland)

SNP slam 'anti-democratic' Alex Cole-Hamilton after Budget indy spending comments

THE SNP have branded Alex Cole-Hamilton “anti-democratic” for stating his party will vote down the upcoming Budget if it includes spending…

The National (Scotland)

‘Swathes of social care market could collapse under £2.8bn cost pressures’

The Nuffield Trust said a rise in national insurance contributions and wage bills could see ‘swathes of the social care market collapsing’.

The Independent UK

Most Scots believe UK Budget will leave them worse off, poll says

THE majority of Scots believe the UK Budget will leave them worse off, a fresh poll has suggested.

The National (Scotland)

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The Independent UK

Shop bosses ‘right’ to warn of job cuts, says Bank of England governor

His statement comes as retailers turn up the heat in their efforts to get Chancellor Rachel Reeves to water down her Budget measures

Evening Standard

Farmers in tweed, children on toy tractors and celebrities join London protest

Around 13,000 people gathered to voice opposition to proposed changes to agricultural inheritance tax outlined in the Budget.

The Independent UK

Government accused of ‘hammer blow’ to farmers as thousands protest in London

Farmers flocked to Whitehall to protest against changes to inheritance tax and other measures in last month’s Budget.

The National (Scotland)

Tesco among retailers to warn job losses ‘inevitable’ after Labour Budget tax hikes

THE UK's biggest retailers have warned the Chancellor that jobs will be cut and prices will have to rise as they face a more-than-£7 billion hit…

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Evening Standard

Britain’s biggest retailers say job losses ‘inevitable’ after Budget tax hikes

More than 70 businesses, including Tesco, Asda and Sainsbury’s, have raised their concerns in a letter to Rachel Reeves.

The Independent UK

Farmer predicts serious food shortages: ‘I won’t be selling any beef or lamb this week’

A farmer predicted "big problems with food shortages" following Labour's changes to inheritance tax announced in the Budget.

The Independent UK

Company failures will stay high amid surge in wage bills, warns Begbies

Begbies Traynor revealed its own hit from the move to increase national insurance contributions, pencilling in a £1.25 million impact from next April.

Evening Standard

Starmer: Funding arrangements to be set by the end of the year

The Prime Minister said that tough decisions were taken in the Budget ‘in order to stabilise the economy’.

The National (Scotland)

SNP need to ‘move mountains’ for Lib Dems to back Scottish Budget

SCOTTISH Liberal Democrat leader Alex Cole-Hamilton will warn SNP ministers they will “have to move mountains” to persuade his party to back…

The Independent UK

UK economy under Labour stalls - what that means for you and your money

Labour is facing a headache with its dependency on a growing economy to gather more tax

The Independent UK

Rachel Reeves fightback to woo the City: I’ll ease banking regulations

Chancellor pledges to lift banking regulations to boost growth as she launches fightback against criticism of her Budget

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