The Latest Breaking News from Budget

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

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

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

Proposals to limit the amount claimed tax-free for bikes are regressive

The Prime Minister also made a plea for unity at the Tuesday meeting.

Reform UK and the Conservatives held rival press conferences to unveil alternatives to Rachel Reeves’ Budget.

Nearly half of businesses, or 47%, are considering international expansion, according to Santander’s latest trade barometer.

Both Nigel Farage and Kemi Badenoch will set out alternatives to the tax rises Rachel Reeves is set to unveil.

The former chancellor has also warned that pre-budget briefing as left an ‘air of gloom’ over the economy

Stonegate, the UK's largest pub operator, faces mounting debt of £2.2 billion, with plans to sell assets to stay afloat amid rising costs and challenging economic conditions.

Andy Haldane has called for the process to be overhauled to prevent Budget leaks that can damage the economy.