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The Latest Breaking News from Budget

Starmer to use G20 summit to shore up support for Ukraine and make deals

The Prime Minister is set to speak to Ukrainian president Volodymyr Zelensky alongside the German and French leaders about the US-backed peace plan.

Evening Standard

Household energy bills to edge up next year despite falling wholesale prices

Funding nuclear power projects and discounts to some households’ winter bills were driving the price cap change, the regulator said.

Evening Standard

Two-thirds of Britons worried about affording the essentials this Christmas, poll reveals

Exclusive: Three-in-four Brits believe poverty in the UK is getting worse as Reeves prepares for crunch Budget

The Independent UK

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I’m sick of people mansplaining how to be chancellor, says Rachel Reeves

The chancellor also admitted the government has ‘made a couple of unforced errors’ but insisted it is ‘fighting to win’

The Independent UK

FTSE 100 Live 21 November: Market sell-off continues, UK output below forecast

The last major economic releases before the Budget today added to pressure on Chancellor Rachel Reeves.

Evening Standard

Starmer to strike deals on trip to G20 summit shunned by Trump

South African President Cyril Ramaphosa on Thursday said discussions were taking place on a change of mind in the US.

The Independent UK

Burnham refuses to rule out challenging for Labour leadership

The mayor of Greater Manchester suggested questions over his leadership ambitions are part of the problem with Westminster culture.

Evening Standard

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London homebuyers have paid almost £25billion in stamp duty in last decade

Successive Chancellors have ramped up stamp duty rates on more expensive homes

Evening Standard

Reeves set to back £1.7bn Docklands Light Railway extension in Budget

Evening Standard

Reeves urged to use Budget to restore business confidence

The Scottish Chambers of Commerce has published a letter to Rachel Reeves ahead of the Autumn Budget.

Evening Standard

SNP majority at Holyrood will end Starmer’s time at Number 10, claims Swinney

The Scottish First Minister said he has ‘no doubt’ the Prime Minister will be unable to remain in office.

Evening Standard

Plans to convert former south London police station into flats set for green light

Catford Police station closed in 2017 and is now set to be turned into over 60 flats

Evening Standard

Keir Starmer refuses to rule out income tax thresholds freeze at Budget

The Prime Minister dodged questions about the Chancellor’s plans at PMQs

Evening Standard

Starmer refuses to rule out freeze on income tax thresholds ahead of Budget

The Prime Minister declined to answer numerous questions from Kemi Badenoch on the issue.

Evening Standard

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Evening Standard

Budget 2025: Which tax rises could hit you as Chancellor Rachel Reeves targets millions with new levies?

London and the South East are set to be most impact by a wave of tax changes to plug a shortfall of around £20 billion

Evening Standard

House prices: London is only UK region to see annual fall amid Autumn Budget jitters

The average price of a home in the capital is now £556,000

The Independent UK

Why interest rates are likely to be cut after the Budget

The Bank of England opted to keep rates at 4 per cent in early November but next month will be a different proposition

The Independent UK

Starmer refuses to rule out freezing income tax thresholds in Budget - live updates

Starmer facing questions in Commons ahead of crunch Budget next week

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Evening Standard

'Mansion tax' on way, say Labour MPs after talk with Reeves on Budget set to hit London hard

The Chancellor reportedly told Labour MPs to highlight how the wealthy would be impacted by her Budget

Evening Standard

Government must tackle high electricity prices in Budget, industry experts say

Electricity prices in the UK remain some of the highest in Europe after Russia’s invasion of Ukraine in 2022 sparked the energy crisis.

Evening Standard

Swinney warns Starmer and Reeves of ‘risks’ if Budget fails to end austerity

Scottish First Minister John Swinney said the ending of austerity was what people are ‘desperately seeking’.

Evening Standard

UK’s ability to defend itself questioned by MPs as new arms factories promised

At least 13 sites across the UK have been identified for new factories to make munitions and military explosives.

The Independent UK

The UK used to be a world leader on climate – does it still count?

ANALYSIS: With aid cuts and the forthcoming Budget hanging over the UK, many groups have been disappointed at the country’s apparently lacklustre performance at Cop30. Even Labour MPs at the conference are worried that the country is losing the argument. Nick Ferris reports from Belem, Brazil

Evening Standard

Here's how the 'mansion tax' would impact London homeowners

Two thirds of transactions on homes valued at more than £2 million this year happened in London

The Independent UK

Starmer warns his cabinet to ‘stop talking about ourselves’ after Labour briefing war

PM tells ministers that ‘distractions’ means their focus has ‘shifted’

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