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The Latest Breaking News from Budget

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...

The Independent UK

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.

Evening Standard

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

The Independent UK

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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’

Evening Standard

Reeves to promise ‘fairness’ in Budget as income tax hike speculation mounts

No 10 repeatedly refused to say whether Labour’s manifesto pledge not to raise income tax still stands.

The Independent UK

Nigel Farage suggests young people on minimum wage earn too much

Reform UK leader also predicted a general election within the next two years, as a consequence of Rachel Reeves’s ‘austerity Budget’

The Independent UK

'Unfair to Taxpayer': Reeves Targets Luxury Car Deals for Welfare Recipients in Major Reform

Rachel Reeves' Motability reforms spark debate over fairness, compassion, and taxpayer responsibility ahead of her forthcoming Budget.

International Business Times UK

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‘More than a hundred tax and spending plans’ being considered by Reeves ahead of Budget

The Office for Budget Responsibility is expected to downgrade the UK’s performance on productivity at the Budget

The Independent UK

Weaker forecasts will have ‘consequences’ at Budget, warns minister

John Healey insisted no decisions had been made on the final shape of the Budget to be delivered on November 26.

Evening Standard

Rachel Reeves considers ‘exit tax’ for wealthy Britons fleeing the country

The move, which has been labelled ‘crazy’ and ‘desperate’ by the shadow chancellor, could generate £2bn

The Independent UK

Voices: ‘Tax the wealthy, not the workers’: Readers divided on how Reeves should tackle £20bn Budget blackhole

YOUR VIEWS: Our community is divided over reports Rachel Reeves’ is set to hike income tax by 2p, with some supporting higher taxes on the wealthy as fair and necessary, while others warn it could harm low-income earners, pensioners, and overall economic growth

The Independent UK

Rachel Reeves ‘considering 2p increase to income tax’

The chancellor is facing the prospect of increasing taxes on 26 November as she looks to balance the books

The Independent UK

Kemi Badenoch calls for Rachel Reeves to get the sack if she raises taxes

The Tory leader will demand that the chancellor ‘get the axe if she puts up tax’

The Independent UK

Kemi Badenoch calls for Chancellor to ‘get the axe’ if she raises tax at Budget

Sir Keir Starmer declined to rule out tax rises when questioned about the subject at Prime Minister’s Questions.

Evening Standard

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Evening Standard

Starmer declines to rule out manifesto-busting tax rises in Budget

The Prime Minister refused to repeat Labour’s manifesto pledge on tax.

The Independent UK

Income tax rise only way to plug extra £20bn in Budget black hole, economists warn Reeves

Economists say trying to balance the books by raising smaller taxes risks ‘unnecessary amounts of economic damage’

The Independent UK

Rachel Reeves faces new £20bn Budget blackhole

A downgrade in the productivity figures could leave Reeves with a bigger fiscal gap

Evening Standard

Another business bashing Budget from Reeves will kill City green shoots

The Chancellor must focus on attracting investment, which can only be achieved if sentiment is positive

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The Independent UK

Mansion wealth tax wouldn’t fill Budget black hole, economists warn Reeves

Former IFS director Paul Johnson says a mansion tax ‘wouldn’t raise anywhere near enough to fill a significant hole’ in the public finances

The Independent UK

No Pip eligibility changes at next month’s Budget, says minister

Sir Stephen Timms took a question about the Motability scheme, which personal independence payment claimants can use to lease a new vehicle.

The Independent UK

Job vacancies fall to lowest level in 2025 as Reeves urged to deliver a ‘pro-jobs Budget’

Consultancy, press relations and marketing are among the sectors showing a sharp drop in roles

The Independent UK

Mansion tax idea is incoherent, former Bank of England boss warns Reeves

Ex Bank governor Mervyn King says problems will not be resolved by ‘just adding another wealth tax’

The Independent UK

Rachel Reeves hints at tax rises in Budget as she heads to Riyadh in search of trade deal

The chancellor is widely expected to use the Budget to increase taxes once again, with the Institute for Fiscal Studies estimating she needs to find £22bn via tax rises or spending cuts to meet her self-imposed fiscal rule

Evening Standard

Reeves signals tax rises being considered at Budget during Saudi Arabia visit

In an indication some form of tax rises could be on the table, the Chancellor suggested the Government needed to ensure its fiscal rules are met.

International Business Times UK

UK Supermarkets Warn Rachel Reeves: Tax Hike Would Bring 'Inevitable' Blow to Food Prices

UK leading supermarket chains have urged Chancellor Rachel Reeves to scrap a planned business rates surtax, warning it would drive up food prices and hit household budgets.

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