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The Latest Breaking News from Budget

Budget 2025: Rachel Reeves to hammer London in tax grab on wealthy homeowners and millions of workers

The Chancellor’s plans will also see 260,000 children in the capital benefit from the lifting of the two-child welfare cap

Evening Standard

This make-or-break Budget must match the chancellor’s fighting talk

THE INDEPENDENT VIEW: Editorial: She has broken records by becoming Britain’s first female chancellor, but Rachel Reeves’s bold reforms and her fealty both to her backbenchers and bankers risks unsettling the very people she needs onside

The Independent UK

Business backlash as Reeves confirms minimum wage pay rise hike for millions of workers

The chancellor said the move would mean those on low incomes were ‘properly rewarded’ - but businesses warned the move could drive unemployment and hit economic growth

The Independent UK

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Increase in minimum wage rates announced

The Government says millions of low-paid workers will get a pay rise.

The Independent UK

Minimum wage to rise by 4.1% from April, government says ahead of budget

The wage rate for young people will increase by 8.5% to £10.85

Evening Standard

What Budget rumours are doing to the FTSE 100

Banking stocks had a lift amid rumours the sector will be spared a tax hit

The Independent UK

What are ISAs - and how might they change in the Budget?

The tax-free cash saving limit could be reduced from £20,000 to £12,000 in the upcoming budget.

Evening Standard

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Stormont ability to mitigate Budget decisions ‘very restricted’, O’Dowd says

Chancellor Rachel Reeves will deliver her autumn Budget on Wednesday.

Evening Standard

If Cycle to Work is to be changed in the Budget perhaps it should be in a way that benefits British jobs - and the Treasury need not spend a penny

Is a substantial boon for the British Cycling Industry hiding in plain sight?

Cycling Weekly

Supermarkets set for higher business rates payments in Budget

Retail bosses have warned that the introduction of a surtax on large stores could lead to higher prices for shoppers.

Evening Standard

Rachel Reeves plans stamp duty holiday for investors

The move is aimed at revitalising London’s flagging financial market

The Independent UK

Chancellor ‘planning stamp duty holiday on newly-listed company shares’

Rachel Reeves is said to be announcing the move in Wednesday’s Budget to help buoy the City’s competitiveness for IPOs.

Evening Standard

Rachel Reeves wants to achieve these five things with her Budget – it won’t be easy

BUDGET 2025: The chancellor took on her role wanting nothing more than economic growth, but her priorities have now dramatically changed, as political editor David Maddox explains

The Independent UK

Motability scheme explained: What it means for drivers ahead of Budget Day

Chancellor Rachel Reeves aims to cut £1 billion from the Motability scheme in the upcoming Autumn Budget.

Evening Standard

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The Independent UK

What Rachel Reeves could do to pension tax at the Budget

As the chancellor looks to bolster government funds, few options remain off the table

Evening Standard

How many children in your London borough will benefit from Reeves axing two-child welfare cap? Check our interactive map

Newham, Tower Hamlets and Hackney set to be the London boroughs where most families benefit from lifting of two-child welfare cap

The Independent UK

EasyJet boss warns against Budget move to hike flight taxes

Chief executive Kenton Jarvis said any increase would ‘dampen demand’.

The Independent UK

Your cash ISA options after Rachel Reeves’s Budget cut – and the exemption you need to know about

A cut to the cash ISA limit doesn’t have to have a negative impact on your savings or your future

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Evening Standard

B&Q firm Kingfisher lifts profit target despite ‘softer’ UK market

Shares in the group, which runs more than 1,800 stores globally, moved higher on Tuesday morning.

Roll Call

Smucker enters Budget Committee race as odds-on favorite - Roll Call

Rep. Lloyd K. Smucker, the favorite to become the next top Republican on the House Budget Committee, is eyeing a second reconciliation bill.

Evening Standard

Labour support in London at record low, new poll finds as Reeves Budget tax raid to hammer capital

Exclusive: Nigel Farage’s Reform UK surges to 23% in the capital, ahead of the Tories on 20%, with Labour on 32%

The Independent UK

Rachel Reeves set to cut annual cash ISA limit to £12,000 in Budget

The chancellor is set to lay out her highly-anticipated Budget on Wednesday

The Independent UK

Brexit costing UK up to £90bn in lost tax revenue a year, new analysis shows

Exclusive: Britons also up to £3,700 worse off, leading to calls for the Labour government to improve relations with the EU

The Independent UK

Reeves must prove she has a rock-solid plan to free us from this ‘growth crisis’

THE INDEPENDENT VIEW: Editorial: The chancellor’s second Budget has been overshadowed by bleak forecasts, but while the OBR’s downgrade exposes the fragility of Labour’s economic promises and the limits of government spin, she must still deliver

The Independent UK

Two thirds of voters want Reeves to cut spending rather than hike taxes in Budget

Sir Keir and his chancellor Rachel Reeves are facing a make-or-break Budget this week, with the chancellor expected to increase taxes to plug the gaps in the public finances

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