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The Latest Breaking News from Budget

Labour's flagship manifesto pledge on tax to be ripped up, Reeves makes clear ahead of Budget

The Chancellor said sticking to Labour’s manifesto commitments would mean ‘deep cuts’ to capital spending, something she indicated she will not do

Evening Standard

The 3 ways government could reduce energy bills for UK households without removing VAT

Green Alliance says the measures could reduce the typical household fuel bill by £178 a year

The Independent UK

Reeves ‘targets tax raid on employee pension contributions at Budget’

The move would offer a small boost to the battered public finances, mostly affecting high earners

The Independent UK

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Labour cannot afford many more weeks like this one

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 Independent UK

Rachel Reeves reveals she's planning to increase income tax at the Budget

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

Evening Standard

Rachel Reeves ‘plans to raise income tax’ in Budget

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

The Independent UK

Government says ‘fairer’ motoring tax system is needed amid pay-per-mile report

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.

Evening Standard

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Motorists 'to be slapped with pay-per-mile tax by Rachel Reeves'

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

Evening Standard

ITV blames late Budget for delaying TV programmes

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

The Independent UK

ITV delays some programmes amid knock to ad spend prompted by Budget worries

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

Evening Standard

Introducing 3p per mile EV fee at Budget could be ‘poll tax on wheels’

Chancellor Rachel Reeves will unveil the policy when she delivers her November 26 Budget, it has been reported.

Evening Standard

Reeves must slash tax again before next election if she breaks manifesto pledge, Tony Blair think tank warns

Labour chancellor told any tax hikes must be temporary in a bid to break Britain’s ‘tax-and-spend doom loop’

The Independent UK

How Rachel Reeves can ‘break Britain’s tax-and-spend doom loop’ as Budget looms

A report from the Tony Blair Institute has called on the chancellor to ‘bring businesses back onside’

The Independent UK

Budget tax rises must be temporary and coupled with pro-business plan, TBI says

Sir Tony Blair’s think tank urged the Government to ‘move beyond the caution’ of its first year in office.

The Independent UK

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Evening Standard

UK will not invest in Brazilian tropical forest fund at Cop30

Britain will not commit public money as Rachel Reeves grapples with balancing the books ahead of the Budget.

Evening Standard

M&S boss warns customer confidence dented by Budget worries

Chief executive Stuart Machin said the Chancellor’s pre-Budget speech on Tuesday did not ease customer fears or give certainty to business.

Evening Standard

Wetherspoons ‘cautious’ ahead of November Budget

The pub chain said like-for-like sales lifted 3.7% in the 14 weeks to November 2.

Evening Standard

Stocks mixed and pound dips amid Budget tax hints

The FTSE 100 Index closed up 13.59 points at 9,714.96.

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The Independent UK

Tory MP warns that the full English breakfast is at risk under Labour

Mark Pritchard said that the government ‘would not be forgiven’ for removing the British staple from high street

Evening Standard

Reeves puts country on notice for tax hikes as ‘each of us must do our bit’

In a pre-Budget speech, Rachel Reeves said: ‘If we are to build the future of Britain together, we will all have to contribute to that effort.’

The Independent UK

Why Index Funds and ETFs Are Good for Retirees

Low costs and tax efficiency are obvious pluses, but so are ease of oversight and cash flow extraction

The Independent UK

Voices: Income tax rises or fairer reforms? Join The Independent Debate on the Budget choices facing Rachel Reeves

THE INDEPENDENT DEBATE: As Rachel Reeves prepares her first Budget and warns of ‘painful decisions’ ahead, debate is growing over whether she should raise taxes to fix the public finances or find fairer, alternative ways to boost revenue. Now it’s time to have your say...

Evening Standard

Reeves prepares for tax rises in Budget as global and domestic pressures bite

The Chancellor suggested ‘we will all have to contribute’ to building a new future for Britain.

The Independent UK

Budget 2025: Rachel Reeves signals tax rises and warns ‘each of us must do our bit’

Chancellor warns ‘we will all have to contribute’ to fixing Britain’s public finances

Evening Standard

Rachel Reeves speech LIVE: Chancellor accused of 'waffle bomb' as she rolls ground for Budget tax rises

Rachel Reeves has said the Budget will focus on ‘getting inflation falling’ and ‘creating the conditions for interest rate cuts’

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