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The Latest Breaking News from Budget

How could Rachel Reeves increase income tax in her Budget – and what would it mean for you?

Chancellor reportedly tells watchdog she intends to increase personal tax in one of several ‘major measures’ planned for Budget at end of month

The Independent UK

Starmer ‘facing plots to oust him’ as Labour welcomes back rebel MPs

Conversations around Keir Starmer’s future have reportedly increased in recent weeks, amid continued turmoil in the government

The Independent UK

UK looks to Denmark to shake up immigration system – one of the toughest systems in Europe

A delegation of senior Home Office officials were sent to Copenhagen last month to learn about their interventions and draw lessons that could be applied to the UK, it is understood

The Independent UK

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Employee pension contributions ‘to be targeted in Budget’

IN FULL

The Independent UK

Starmer said to be facing plots to oust him, as Labour welcomes back rebel MPs

The new intake of Labour parliamentarians are among those said to be discussing the mechanics of a future coup, according to reports.

Evening Standard

Starmer reportedly facing plots to oust him as Labour welcomes back rebel MPs

New intake of Labour parliamentarians among those allegedly discussing mechanics of future coup

The Independent UK

Take some green levies, not VAT, off bills to cut energy costs, Treasury urged

A package of measures could take £178 a year off bills and more than three times that amount for households renting draughty homes, think tank says.

Evening Standard

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Just one in five voters approve of Reeves breaking manifesto tax pledge at Budget, new poll shows

Exclusive: The government must provide a positive vision for change if it wants to win the public’s backing for breaking promises on tax rises

The Independent UK

Labour deputy leader’s views on party policy are ‘irritating’, says Labour peer

Thangam Debbonaire accused Lucy Powell of ‘giving a running commentary and undermining’ the government

The Independent UK

Average UK house price jumped to new record high in October

October saw the biggest monthly rise in UK house prices since January this year, the bank said.

Evening Standard

Average UK house price jumped to new record high in October, says Halifax

October saw the biggest monthly rise in UK house prices since January this year, the bank said.

The Independent UK

Headache for Starmer as splits erupt over tax hikes and minister breaks rules

Labour’s new deputy leader Lucy Powell said the Government ‘should be following through’ on its manifesto pledge on not raising key taxes.

The Independent UK

Keir Starmer hit by bitter Cabinet infighting over Lammy’s handling of jail crisis and Labour revolt on tax

Labour’s new deputy leader Lucy Powell says the Government ‘should be following through’ on its manifesto pledge on not raising key taxes

Evening Standard

Why Rachel Reeves could impose pay-per-mile tax on electric vehicles in Budget

POLITICS EXPLAINED: Fuel duty on petrol vehicles has been frozen for so long that the Treasury has set its sights on electric cars instead, as Sean O’Grady explains

The Independent UK

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The Independent UK

Labour’s new deputy leader warns Rachel Reeves not to break manifesto pledge and raise taxes

Keir Starmer’s new deputy, who replaced Angela Rayner, also demanded urgent action on the controversial two child benefit cap in the Budget

The Independent UK

Labour must stick to manifesto pledge not to raise key taxes, Lucy Powell says

The new deputy leader’s intervention could cause a headache for Chancellor Rachel Reeves, who has rolled the pitch for higher taxes at her Budget.

Evening Standard

FTSE 100 slips amid Bank of England rate hold and fresh US falls

The FTSE 100 Index closed down 41.30 points at 9,735.78.

Evening Standard

Interest rates held at 4% but ‘door open’ for a post-Budget cut

The central bank’s Monetary Policy Committee opted to keep the rates the same at the final meeting before the autumn Budget.

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The Independent UK

Voices: ‘The books cannot be balanced by Doge-style cuts’: Readers debate how to tackle taxes in upcoming Budget

THE INDEPENDENT DEBATE: Our community agreed that, while no one likes paying higher taxes, honesty, fairness, and careful planning are crucial if Rachel Reeves is to navigate the UK’s financial challenges without compromising public services

Evening Standard

Education spending plans will struggle to narrow gaps in outcomes – report

The Institute for Government has warned the Government’s budget falls short of matching its ambitions for schools.

The Independent UK

Some ‘good news’ for mortgage borrowers despite base rate being maintained

Several mortgage lenders have launched new rates this week

Evening Standard

Some ‘good news’ for mortgage borrowers despite base rate left on hold

Several lenders have been cutting their mortgage rates in recent days.

The Independent UK

Bank of England makes big interest rate decision ahead of Budget

IN FULL

Evening Standard

Bank of England leaves interest rates on hold at 4% and says inflation "has peaked"

The next cut in the cost of borrowing is now expected in December just before Christmas

The Independent UK

Budget tax hikes could see food prices soar, major supermarket boss warns

Sainsbury’s CEO Simon Roberts says shoppers are being ‘cautious’ ahead of the announcement later this month

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