The Latest Breaking News from Budget

Watch as Sir Keir Starmer and Rachel Reeves deliver remarks during a visit to the West Midlands after the Budget announcement on Wednesday.

Tax rises in the Budget are likely to hit workers in the pocket with lower pay rises, Rachel Reeves has admitted.

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

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

Housebuilding and retail stocks have fallen sharply amid the fallout from yesterday’s tax-raising Budget.

There was a mix of optimism and pessimism with the national papers’ views on Rachel Reeves’s Budget.

The response to the Budget is making the headlines on Halloween.

The overall tax burden will reach a record 38.3% of gross domestic product (GDP) in 2027-28.

This was a Budget written in London, delivered in London, but almost totally ignored the region that drives the British economy. Rachel Reeves made only one mention of London — about par by recent standards — in her 77-minute speech, compared with five references to Manchester and Scotland, three to…