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The Latest Breaking News from Budget

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

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

Evening Standard

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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.

The Independent UK

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’.

Evening Standard

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

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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

The Independent UK

Watchdog urged to investigate pre-Budget briefing over deficit claims

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

Evening Standard

‘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…

The Independent UK

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

Evening Standard

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

The Independent UK

Higher business taxes to cost pub sector £150m and threaten jobs – analysis

Firms will end up paying more despite business rates being lowered in the Budget, industry bosses are warning.

Evening Standard

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The Independent UK

Reeves accused of misleading public on Budget black hole to justify £26bn tax raid

Badenoch claims chancellor ‘lied to the public’ and was ‘bribing Labour MPs to save her own skin’

Evening Standard

Stocks end winning week up despite hit for Premier Inn owner Whitbread

Whitbread slid 11% after warning that changes to business rates in Wednesday’s Budget will materially increase costs in the next financial year.

Evening Standard

Pubs warn alcohol prices will rise even more as industry hit by 'brutal' Budget

A slew of price increases are hitting pubs after Rachel Reeves’ budget, with many doomed to close

Evening Standard

Premier Inn owner’s costs to rise by up to £50m after business rates changes

Whitbread is among hotel owners to be hit hard by changes in valuations linked to next year’s business rates payments.

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The Independent UK

Businesses are changing their recruitment strategies after Budget, poll shows

Businesses were largely spared from targeted tax hikes in the Budget but some measures set out by the Chancellor could indirectly affect firms.

The Independent UK

How homeowners’ plans to downsize could be impacted by Budget as mortgage rates fall

A new mansion tax and falling interest rates for mortgage deals might have older homeowners considering a move

Evening Standard

Home sales fell by 2% annually in October – HMRC

Property experts said they expect to see more sellers come to the market in the short-term, following the Budget which took place on Wednesday.

Evening Standard

'Mansion tax' could wipe £150,000 off top-end homes in London targeted by Reeves Budget

One in four of the properties hit by the new surcharge are in just three London boroughs; Kensington and Chelsea, Westminster and Camden, according to the Institute for Fiscal Studies

Evening Standard

Four claims from the 2025 Budget debate fact checked

Full Fact takes a look at claims about tax thresholds, NHS appointments, unemployment and house building.

Evening Standard

Budget threatens jobs and venues, pub bosses warn as business rates rise

Pubs, restaurants and small shops are all expected to see their property tax payments jump from the next financial year.

Evening Standard

Mansion tax to wipe £10,000s off value of London homes hit by new levy in Reeves Budget

One in four homes which will pay the property surcharge are in just three London boroughs; Kensington and Chelsea, Westminster and Camden

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