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The Latest Breaking News from Budget

What the papers say – October 31

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

Evening Standard

Reeves to face scrutiny over Budget that raises taxes, borrowing and spending

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

Evening Standard

OPINION - Rachel Reeves's Budget ignored London — that may prove a costly mistake

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…

Evening Standard

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Fact check: Budget 2024 claims about National Insurance, bus fares and growth

Round up of fact checks about the Autumn Budget 2024, compiled by Full Fact.

Evening Standard

‘Tough Budget for business,’ say representative groups

They have contended the measures announced by the Chancellor will increase the employer cost base.

Evening Standard

Nigel Farage ‘thrilled’ to save ‘over £1 a week’ on beer after Budget

The Reform UK leader said Rachel Reeves had become ‘fund manager of the nation’ after Wednesday’s Budget.

The Independent UK

Historical benchmarks and milestones in Rachel Reeves’ first Budget

Government investment is forecast to reach the highest sustained level since the 1970s.

The Independent UK

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Chancellor: Budget gives Holyrood its largest ever real-terms funding settlement

Rachel Reeves said the Scottish Government will receive an additional £3.4 billion in 2025-26 due to her tax and spending decisions.

Evening Standard

Rachel Reeves delivers Budget message to ‘girls and women’ as UK’s first female chancellor

Rachel Reeves delivered a powerful message to “girls and women” as she became the first female chancellor to deliver the UK Budget on Wednesday (30 October).

The Independent UK

At a glance: the key points from the Budget

Rachel Reeves set out £40 billion of tax rises along with major spending commitments as she sought to set the tone for Labour’s term in office.

Evening Standard

Voices: A strong performance, chancellor – but you can’t afford another Budget like this

COMMENT: Thanks to some nifty sleights of hand, the chancellor was able to declare that she had not broken any electoral pledges. But will Rachel Reeves’s spending plans revive the government’s floundering fortunes, asks Andrew Grice

The Independent UK

Chancellor allocates ‘increase in funding’ for BBC World Service in Budget

A BBC statement said the broadcaster ‘welcomed the funding’.

Evening Standard

The Budget: Winners and losers

Who are the winners and losers from the Budget?

Evening Standard

Euston WILL be the London terminus for HS2, Chancellor Rachel Reeves confirms in Budget

£485m for TfL could bring extra investment in the Tube and DLR

Evening Standard

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The National (Scotland)

Stephen Flynn reacts to Labour Budget as 'Scots still paying the price'

LABOUR’S first Budget in 14 years “fails to deliver” the change Scots expected from Keir Starmer, the SNP have said.

Evening Standard

Budget contains broken promises which will hit working people, Sunak claims

The outgoing Conservative Party leader was making his final appearance at the despatch box before stepping down.

The National (Scotland)

Economists react to the Budget with pay cut fears

LABOUR tax hikes on employers will cut pay for workers, according to a leading think tank.

The National (Scotland)

Martin Lewis responds to Rachel Reeves's Budget and 'very big' tax rises

Money Saving Expert founder Martin Lewis has responded to Rachel Reeves's Budget and tax rises.

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The National (Scotland)

Chancellor reveals Inheritance Tax changes in Budget – will you be affected?

Inheritance Tax is a tax paid on the estate (property, money and possessions) of someone who has passed away.

Evening Standard

Fuel duty frozen as Government maintains 5p cut

In her Budget speech to the Commons, Chancellor Rachel Reeves said this is a ‘substantial commitment’.

The National (Scotland)

Businesses fear impact of increased employer National Insurance contributions

National Minimum Wage increases and an increase in employer National Insurance contributions in the Autumn Budget may be the final nails in the…

The Independent UK

Watch: Rachel Reeves holds red box outside Downing Street ahead of Labour’s Budget announcement

Watch as Rachel Reeves and other Labour ministers departed Downing Street on Wednesday, 30 October, ahead of the party’s first Budget in 14 years.

The Independent UK

Reeves will use tax rises and increased borrowing to ‘invest, invest, invest’

Rachel Reeves is the UK’s first female chancellor and she will deliver a Labour budget for the first time since Alistair Darling in March 2010.

The National (Scotland)

Rachel Reeves set to announce Budget – how to watch

RACHEL Reeves is set to announce the first Labour Government Budget since 2010 on Wednesday afternoon...

Evening Standard

Budget set to give £3billion boost for armed forces

Rachel Reeves will make history as the UK’s first female Chancellor when she delivers Wednesday’s Budget

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