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The Latest Breaking News from Budget

Reeves calls for Labour unity ahead of tax-raising Budget

The Chancellor is due to deliver her second budget in the Commons on Wednesday, in which she is widely expected to pull the lever on tax hikes.

Evening Standard

Rachel Reeves urges Labour MPs to back her Budget as she vows not to let critics ‘beat me’

The chancellor looked to rally the Labour troops, vowing she’ll still be chancellor in two years’ time if they back her plans for the economy

The Independent UK

Rachel Reeves vows to be Chancellor in two years time as she pleads for Labour unity head of Budget

Chancellor calls for unity as she speaks in front of restive backbenchers ahead of the Budget

Evening Standard

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Angry farmers take part in go-slow protests on roads across UK ahead of Budget

Farmers are staging a go-slow protest on roads across the UK today (Monday), to show their anger at the family farm tax.

The Independent UK

Chancellor warned of crisis before make-or-break Budget

With hours to go until one of the most anticipated Treasury statements in modern history, Rachel Reeves has been given disastrous warning on the economy’s outlook

The Independent UK

Budget 2025 live: Rachel Reeves faces day of reckoning as she unveils billions in tax rises

Chancellor to unveil series of tax hikes to fill black hole in public finances in highly anticipated Budget on Wednesday

The Independent UK

Veteran retail boss says Budget timing 'could not be worse' for struggling sector

Monsoon Accessorize founder’s criticism came as he revealed as return to profits despite ‘many headwinds’

Evening Standard

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Reeves given stark Budget warning from business to avoid ‘death by a thousand taxes’

CBI director general Rain Newton-Smith will tell the chancellor that if her priority is growth, she needs to prove it or the country faces ‘Groundhog Day’

The Independent UK

Rachel Reeves to extend benefit fraud crackdown in Budget

It comes as she is expected to scrap the two-child benefit cap, in a move that could cost more than £3 billion.

Evening Standard

Rachel Reeves prepares benefit fraud crackdown in Budget

The chancellor is expected to target Universal Credit reviews

The Independent UK

Warning 1.3m more people could pay higher income tax rate after Reeves Budget

Concerns over the impact of a ‘stealth tax’ have been highlighted as the chancellor confirms inflation busting rise in the state pension

The Independent UK

2.6 million people in London and South East to be hit by stealth income tax with Reeves Budget raid

The Chancellor is set to continue the income tax thresholds freeze, first introduced in 2022 by Rishi Sunak, until 2029/30

Evening Standard

Why is this Budget so important for the UK economy?

On Wednesday, the Chancellor will unveil her latest autumn Budget amid growing concerns over weakness in the economy.

Evening Standard

Reeves’ Budget is crucial for the UK economy – here’s why

All eyes are on Wednesday’s Budget after the UK economy stalled in recent months

The Independent UK

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Evening Standard

Reeves pledges to ‘grip cost of living’ in Budget as tax hikes expected

Chancellor Rachel Reeves is grappling with weak economic growth, persistent inflation and an expected downgrade to official productivity forecasts.

The Independent UK

Rachel Reeves pledges to support working families and reduce waiting times with looming Budget

The chancellor is widely expected to raise levies on Wednesday to help close a multi-billion pound spending gap

The Independent UK

Voices: ‘Calling her Rachel from accounts is unfair and sexist’: Readers call out gendered attacks on Reeves

YOUR VIEWS: Many in our community have highlighted that much of the pre-Budget criticism aimed at the chancellor carries sexist undertones

Evening Standard

PM says leaders should ‘stick to their word’ but fails to reaffirm tax pledge

The Prime Minister repeatedly declined to rule out hitting working people with extra tax in the Budget.

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Evening Standard

Fact check: What has Labour pledged on income tax?

Ahead of next Wednesday’s Budget, Full Fact looks at the detail of Labour’s manifesto commitments.

Evening Standard

UK private sector growth slows due to business caution ahead of Budget

The S&P Global flash UK composite purchasing managers’ index (PMI) reported a reading of 50.5 in November, slipping from 52.2.

Evening Standard

Budget cannot see UK ‘muddle through’, says Reeves

The Chancellor stressed that the UK must take a ‘different path’ on the economy.

The Independent UK

Retail sales fall unexpectedly in October amid Budget hit to consumer confidence

Official figures showed retail sales by volume fell 1.1% during October, following an upwardly revised increase of 0.7% in September.

The Independent UK

Government borrowing higher-than-forecast in pre-Budget blow to Chancellor

The Office for National Statistics said public sector borrowing stood at £17.4 billion last month, above the £14.4 billion official forecast.

Evening Standard

Government borrowing figures exceed forecasts in pre-Budget blow to Rachel Reeves

With public sector borrowing surpassing predictions, the government faces further challenges just days before the Budget

Evening Standard

Consumer confidence ‘bleak’ as public braces for Budget

GfK’s long-running Consumer Confidence Index fell by two points to minus 19 in November.

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