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The Latest Breaking News from Budget

French unions call for day of strike action as draft budget enters crucial stage

French unions have called for a national day of strike action and widespread protests on Tuesday to pile pressure on the government and MPs ahead of a big day of discussions on the government's 2026 budget proposal.

Radio France Internationale

Starmer insists there was ‘no misleading’ after claims Reeves lied in run-up to Budget

Keir Starmer forced to publicly defend chancellor over accusations she lied about country’s finances – as Labour MPs voice discontent

The Independent UK

OBR chief resigns after report blames leadership for Budget blunder

A damning report into last week’s Budget leak said the error was the worst failure in the OBR’s 15-year history

The Independent UK

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OBR must ‘change completely’ how sensitive reports published after Budget leak

A review of the watchdog’s processes for publishing has been recommended.

Evening Standard

Regents Park mansion sells for almost £11 million after Rachel Reeves's Autumn Budget

The Budget’s ‘soft landing’ triggered the £10.95 million deal, say selling agents Beauchamp Estates

Evening Standard

Starmer’s priorities have changed. He needs to be honest about why

NEWS ANALYSIS: The prime minister’s claim that he always wanted to scrap the two-child benefit cap will cast doubt on his attempt to reassure voters – and his own cabinet colleagues – that he and the chancellor told the truth about tax rises, writes political editor David Maddox

The Independent UK

Scotland could ‘lose our high streets as we know them’, retailers warn

The Scottish Retail Consortium (SRC) is pressing the Finance Secretary to introduce a discount on business rates.

The Independent UK

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Reeves ‘very clearly’ misled the public ahead of the Budget – Swinney

Labour ministers have denied any suggestion that Ms Reeves misled voters.

The Independent UK

Autumn Budget: Mortgage approvals dipped and savers ploughed more cash into ISAs in October

Finance experts suggested that speculation over potential Budget measures may have had an impact on households’ sentiment.

Evening Standard

Mortgage approvals dipped and savers ploughed more cash into Isas in October

Finance experts suggested that speculation over potential Budget measures may have had an impact on households’ sentiment.

The Independent UK

Peel Hunt cheers ‘positive steps’ in Budget to boost London market and investing

The Chancellor announced a three-year stamp duty holiday on shares bought in new UK IPOs as part of measures to encourage investing in UK shares.

Evening Standard

Watch: Keir Starmer defends Budget after claims Rachel Reeves misled public over tax hikes

Watch as Sir Keir Starmer defends Rachel Reeves after she has come under heavy criticism following last week’s Budget.

The Independent UK

Cabinet minister insists Reeves has ‘full support’ on Budget

Rachel Reeves has been forced to defend herself against claims she misled voters by talking up the scale of the fiscal challenge ahead of the Budget.

Evening Standard

‘Boxing Day bounce’ expected to boost housing market

Online property searches often jump on Boxing Day, and some home buyers could be set to spring into action now that Budget uncertainty has cleared

Evening Standard

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Evening Standard

Budget 'lies' storm: Starmer grilled on whether Reeves misled public and Cabinet over nation's finances

The row threatens to overshadow the Prime Minister’s attempts to get people to focus on the ‘substance’ of the Government’s spending and reform plans

The Independent UK

Rachel Reeves denies lying about Budget black hole to justify £26bn tax hikes

Calls for investigation into accusation Labour chancellor misled the public

The Independent UK

Rachel Reeves responds to Kemi Badenoch’s ‘misogyny and mansplaining’ Budget attack

Rachel Reeves has responded to Kemi Badenoch’s “misogyny and mansplaining” attack following her Budget announcement.

Evening Standard

Rachel Reeves ‘uncomfortable’ listening to Kemi Badenoch’s Budget response

The Tory leader said her ‘job is to hold the Government to account, not to provide emotional support for the Chancellor’.

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The Independent UK

Defiant Rachel Reeves says she will be Chancellor for years and pledges to ‘defy her critics’

A defiant Rachel Reeves has said she will be Chancellor for years and is “determined to defy her critics” following her controversial Budget.

The Independent UK

Keir Starmer to back Rachel Reeves’ Budget amid row over deficit claims

Sir Keir will use a speech to support the decisions taken by Ms Reeves in the Budget

The Independent UK

Calls to investigate claims Treasury misled the public

The Treasury has been accused of giving ‘deliberately false and misleading’ briefings ahead of the Budget

Evening Standard

Watchdog urged to investigate pre-Budget briefing over deficit claims

SNP Westminster leader Stephen Flynn described the Budget as ‘built on a lie’.

The Independent UK

‘This country is a mess and Reeves’s Budget made things even worse – I won’t vote for Labour again’

BUDGET 2025: Labour will need the Budget to go down well with swing voters in areas such as Sheerness and Kensington if the party is to stand a chance of holding onto power at the next general election. Dan Haygarth and Hebe Campbell spoke to locals to see if they…

Evening Standard

Rachel Reeves faces calls to quit after watchdog contradicts her £30bn ‘black hole’ warning

The Chancellor faces cross-party anger after revelations that the UK’s supposed £30bn fiscal gap was actually just £2.5bn, fuelling claims she misled voters to justify tax rises

The Independent UK

Reeves defends £26bn tax raid after Budget backlash as watchdog urged to investigate ‘false briefings’

The chancellor doubled down on her tax hikes, saying she wasn’t willing to cut public services

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