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The Latest Breaking News from Budget

'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

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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

Evening Standard

Watch: Reeves stumbles as she’s confronted over broken Labour manifesto promises

Susanna Reid left Rachel Reeves flustered after questioning her on accusations she broke Labour’s manifesto promises in the Budget.

The Independent UK

US banks announce UK expansion in ‘commitment’ to economy post-Budget

JP Morgan Chase has unveiled plans to build a new tower in London’s Canary Wharf.

Evening Standard

US banking giant to build new Canary Wharf headquarters

Chancellor Rachel Reeves avoided imposing new taxes on the banking sector in her Budget

The Independent UK

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Sadly, this taxing Reeves Budget does nothing for business or growth

Labour has no ministers with any business experience and appear deaf and unsympathetic to what is required for growth.

Evening Standard

Martin Lewis: Income tax freeze 'breaks spirit of Labour manifesto and 1p rise would be less damaging'

In her Budget on Wednesday, Rachel Reeves announced £26 billion of tax rises

Evening Standard

Reeves’ stealth tax hits low earners harder than ‘sensible’ income tax change, says top think tank

People earning less than £35,000 a year will pay more than if chancellor had raised basic rate by 1p, says Resolution Foundation

The Independent UK

‘External person’ may have leaked Budget document link, says OBR chief

Contentious Budget was leaked nearly an hour before chancellor was set to announce it

The Independent UK

The Standard podcast: How will Rachel Reeves' autumn budget affect you?

Listen here on your chosen podcast platform.

Evening Standard

'External person' may have accessed leaked Budget document link, says under-fire OBR chief

OBR chairman Richard Hughes tells Radio 4’s Today: ‘It appears there was a link that someone was able to access - an external person’

Evening Standard

FTSE 100 Live 27 November: Gambling stocks in focus after Budget hit, index steady

Gambling firms have warned they face a major hit to earnings as businesses digest the impact of Rachel Reeves’s second Budget.

Evening Standard

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The Independent UK

Jeremy Corbyn slams Labour’s Budget as he issues tax warning

Jeremy Corbyn has accused Rachel Reeves of not going far enough to tax high earners in her Budget.

The Independent UK

Voices: Never mind the backbenchers – this Budget will squeeze working people until it hurts

THE INDEPENDENT VIEW: Editorial: Make no mistake, this was a traditional Labour ‘tax and spend’ budget of the kind not seen since before the days of Tony Blair and Gordon Brown – and while it will please the party, for many it will feel like a kick in the teeth

The Independent UK

Badenoch takes aim at Reeves over chancellor’s complaints of misogyny

Kemi Badenoch used her Bidget speech to launch an extraordinary attack on Ms Reeves, accusing her of ‘whining’ over sexism claims

The Independent UK

‘I can’t afford to keep my heating on overnight - Reeves’ Budget doesn’t do enough for pensioners’

Elaine Yates says the cost of living for pensioners is not matched by government support after Rachel Reeves announced her second Budget

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The Independent UK

‘A grotesque indignity to women’: Rachel Reeves scraps dehumanising rape clause

Rachel Reeves hit out at the “grotesque” rape clause tied to the two-child cap policy during her Budget speech.

Cycling Weekly

Cycle to Work scheme stays the same despite rumours over financial limit in Budget

Evening Standard

Budget 2025: Winners and Losers from Reeves' tax and spend plan

The Chancellor is targeting the wealthy while trying to protect people on low incomes

The Independent UK

Deputy speaker Nusrat Ghani condemns government after ‘unprecedented’ OBR Budget leaks

IN FULL

The Independent UK

The most chaotic Budget in living memory ends in complete shambles – before it’s even started

NEWS ANALYSIS: The accidental leak of details of Rachel Reeves’ Budget by the Office for Budget Responsibility before she got to her feet was one final bit of chaos for this make-or-break Budget, says political editor David Maddox

Evening Standard

Several arrests after farmers bring tractors to capital for Budget protest

Reform UK promised to provide legal support for those held by the Metropolitan Police

Evening Standard

Budget 2025: Key points on Reeves tax, pensions and benefits plan after details leaked in shock blunder

The Chancellor told the Commons how she is launching a £26 billion tax raid as she unveiled some giveaways to tackle the cost-of-living crisis

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