The Latest Breaking News from Budget

Greater Manchester mayor denied he would be ‘hopeless’ on the economy as he tried to play down speculation over his political ambitions

There are many options on the table as the chancellor looks to raise considerable sums

Chancellor vows to stand by Labour’s manifesto pledge not to raise taxes on working people - but leaves door open to changing VAT rules

The Work and Pensions Secretary said Rachel Reeves ‘shouldn’t do the job alone’ as he called for ‘collective responsibility’ from all ministers.

THE INDEPENDENT VIEW: Editorial: The chancellor is entitled to point out that her Tory predecessors are partly responsible, but she cannot avoid the consequences of her own decisions

The White House Budget Office is asking federal agencies to prepare their employees for mass layoffs in anticipation of an upcoming government shutdown. The threat, which is believed to have directly come from President Donald Trump, is in response to Congress’s inability to reach a consensus on the Budget. 

THE First Minister has refuted reports that he will enter into negotiations with Reform UK to pass the Scottish Budget.

The Institute for Government said Labour’s ‘unrealistic’ approach to tax has left the Chancellor reaching for ‘piecemeal changes’.

The chancellor is facing mounting pressure to hike income tax amid an expectation that £30bn worth of tax rises will be needed in the Budget

THE INDEPENDENT VIEW: Editorial: A dour economic forecast has left the beleaguered chancellor grasping for fiscal breathing space in her make-or-break Budget

Labour chancellor also facing calls to raise levies on lawyers, sugar, salt and longhaul flights in the Budget