The Latest Breaking News from Budget

‘You won't have to wait much longer to see what the measures are (to tackle child poverty)’ - Sir Keir Starmer

Many businesses have been hit by rising employment fees, packaging costs or rates relief ending this year

THE INDEPENDENT VIEW: Editorial: Starmer’s government has been busy emulating the ‘chaos and confusion’ that characterised the final days of the last Conservative administration, ahead of a Budget that will be profoundly depressing. If Labour is hoping to revive its fortunes, it will need to get a grip

The move would break one of Labour’s core manifesto promises in an attempt to close the black hole in public finances Reeves’ government inherited

Chancellor reportedly looking to hike income tax but cut National Insurance in bid to place burden of tax rises on landlords and pensioners

Chancellor Rachel Reeves will unveil a policy to introduce a 3p per mile tax for EVs when she delivers her Budget, the Daily Telegraph reported.

The new scheme is intended to try to close the £30 billion financial black hole the Chancellor faces in the budget at the end of the month

The broadcaster said it is preparing to slash millions in a cost saving drive

The broadcaster said it is bracing for total advertising revenues to slump by around 9% over the final three months of the year.