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The Latest Breaking News from Budget

Stealth inheritance tax rises lead to record £4.4bn take for Treasury

Boost to government’s coffers is in part due to frozen thresholds that have remained in place for years

The Independent UK

Rachel Reeves axes ‘arbitrary rules’ costing firms £6 billion ahead of Budget

The Chancellor detailed plans to scrap paperwork for businesses as she looks to fill a black hole in the state’s finances.

Evening Standard

Universal Credit, PIP and Motability: Could Labour cut more benefits in the autumn Budget?

There are several proposals for further changes to the benefit system

The Independent UK

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Autumn house price bounce lower than usual in October, says Rightmove

There has not been enough pent-up momentum or recent positive sentiment to spur the usual autumn bounce in property prices, Rightmove said.

Evening Standard

How thousands in London could be hit with new council tax bands under Rachel Reeves budget plans

Affluent people in the capital are rumoured to be among the main targets for the new taxes

Evening Standard

Cheat the Week: Reeves admits she’s mulling tax rises and spending cuts

This week’s biggest news stories in review, and how the media has covered them

Evening Standard

Is Reeves mounting a pensions tax raid at the Budget?

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

The Independent UK

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Proposed changes to business rates ‘risk slowdown’ in investment, warns BT

BT’s finance chief said expected changes at next month’s Budget could cost infrastructure firms an extra £400 million each year.

Evening Standard

Number of children in temporary accommodation hits new record high

Campaigners are urging Chancellor Rachel Reeves to unfreeze housing benefit in the Budget

The Independent UK

Number of children in temporary accommodation almost double Wembley capacity

Campaigners are calling on Chancellor Rachel Reeves to unfreeze housing benefit in the Budget.

Evening Standard

Premier Inn sales slip in UK despite boost from Oasis gigs

Hospitality group Whitbread said it shaved millions of pounds off of its cost base in a bid to mitigate higher labour costs and food inflation.

Evening Standard

Londoners in the firing line for tax rises as Reeves says levy on wealthy 'will be part of story' at Budget

Chancellor says higher taxes on the wealthy will be ‘part of the story’ when she delivers her Budget on November 26

Evening Standard

Reeves faces Budget ‘groundhog day’ without bold action, says IFS

The think tank said it expects the Chancellor will need to find at least £22 billion next month.

Evening Standard

‘Tinkering around edges’ at Budget risks another year of economic pain, IFS warns Reeves

Chancellor must take ‘bold action’ to avoid ‘limping from one forecast to the next’

The Independent UK

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Evening Standard

FTSE 100 falters as investors mull outlook for UK economy

It comes as Rachel Reeves told Sky News that she is looking at both tax rises and spending cuts in the upcoming Budget.

Evening Standard

Housing targets could be derailed if cash Isa limit is cut – building society

Reports suggest that the Treasury could be considering cutting the annual cash Isa limit to £10,000.

The Independent UK

Reeves poised to make major change to cash ISAs

Several potential options are on the table regarding Isas, but no decisions have been made

Evening Standard

Chancellor Rachel Reeves hints she's looking for tax rises and spending cuts in upcoming Budget

Chancellor Reeves fails to accept responsibility for economic woes as she blames impact of Brexit, austerity policies and ex-PM Liz Truss's mini-budget

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Evening Standard

Reeves eyes tax hikes as economy suffers ‘severe and long-lasting’ Brexit impact

Rachel Reeves said ‘austerity, Brexit, and the ongoing impact of Liz Truss’s mini-budget’ had weighed heavily on the UK economy.

The Independent UK

The government cannot afford to limp on without an economic strategy

THE INDEPENDENT VIEW: Editorial: As the IMF downgrades its UK growth projection for next year, it also predicts we will have the highest inflation of any G7 country. Ahead of a Budget that will doubtless raise taxes, it is time the prime minister made the case for what his administration…

Evening Standard

Reeves urged to overhaul tax system and hike levies in breach of manifesto

Tax experts said the fiscal backdrop to the Chancellor’s November Budget is ‘desperate’.

The Independent UK

Budget situation is ‘desperate’, Reeves warned as experts say she has no choice but to raise big taxes

Labour chancellor told a ‘Scrabble bag’ of smaller increases will not rejuvenate UK’s faltering economy

Evening Standard

Bellway calls for Government to ‘commit’ to addressing home affordability issues

The housebuilder nonetheless said it sold more homes over the past year.

Evening Standard

Unemployment rises to more than 1.7million as Budget jobs fall out gathers pace

Hard hit hospitality sector sees 59,000 jobs lost in past year according to ONS data

Evening Standard

Retail spending slows as Budget looms large

Non-food sales growth slowed to 0.7% against growth of 1.7% last September and below the 12-month average growth of 0.9%, the BRC and KPMG reported.

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