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The Latest Breaking News from Budget

Rachel Reeves Hit with £15 Billion Budget Bombshell as Surging Welfare Spending Exposed

Rachel Reeves is facing a serious financial headache ahead of her Spring Statement — a whopping £15 billion shortfall.

The Fashion Central

UK Spring Statement: Further budget cuts and halved economic growth

Britain's Chancellor of the Exchequer Rachel Reeves has laid out the latest on UK public finances. Her statement arrives at a moment when the nation needs to find billions to boost defence spending against the backdrop of an ailing economy. Here are the key takeaways.

Euronews

Benefits reform and jobs cuts: The political headaches for Labour in Reeves’ spring statement

Labour chancellor set to squeeze Whitehall budgets by up to 7 per cent

The Independent UK

From analysis to the latest developments in health,
read the most diverse news in one place.

How Will The 2025 Budget Affect Young Aussie Women?

New tax cuts, cheaper contraceptives and more — here’s everything you need to know.

Pedestrian.tv

Tax Cuts & Cheaper Healthcare: 9 Major Takeaways From The 2025 Federal Budget

If you're looking for a handy guide about the 2025 Federal Budget and how it affects young Aussies, we've got you covered.

Pedestrian.tv

Budget measures will send average price of a pint in London to brink of £6

The impact of Budget announcements across the beer and pub sector will add around £650 million to costs

Evening Standard

Consultants in firing line amid public servant stoush

The coalition wants to slash public servant numbers but Labor says the alternative is costly consultants, as both sides lavish voters with cost-of-living help.

AAP

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Rachel Reeves to cut civil service costs by 15 per cent – but denies 'austerity'

RACHEL Reeves has said Labour will cut the cost of running government by 15 per cent before the next General Election – but repeatedly rejected…

The National (Scotland)

Reeves rules out raising taxes in Spring Statement

The Chancellor has repeatedly said she will not budge from her fiscal rules.

Evening Standard

Rachel Reeves still needs to level with the British people over tax rises

THE INDEPENDENT VIEW: Editorial: The chancellor’s Budget in October was a gamble that the outlook would brighten. It did not pay off

The Independent UK

New freeze on income tax thresholds in 'emergency Budget' not ruled out by Keir Starmer

Tory leader Kemi Badenoch challenged the PM on tax ahead of next week’s Spring Statement

Evening Standard

Treasurer Chalmers promises ‘meaningful and substantial’ cost of living help in Tuesday’s budget

Next week’s budget will have cost-of-living assistance that will be meaningful and substantial but “responsible”, Treasurer Jim Chalmers has said.

The Conversation

Sick and disabled face being stripped of £1,200 a year each in welfare benefits as Reeves tries to balance Budget

As the OECD downgraded British growth forecasts, chancellor Rachel Reeves is still arguing over details of benefits cuts ahead of a major statement in the Commons

The Independent UK

Wetherspoon set to see sales and profit climb as it braces for Budget tax hit

The pub group is expected to post rising food and drink sales, as experts said it could grab an even bigger chunk of the British high street.

Evening Standard

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The Independent UK

Magners-maker says economic climate and Budget squeezing consumer confidence

Shares in Dublin-based brewer C&C plunged by nearly a fifth on Thursday.

The Fashion Central

State Pension at Risk as Rachel Reeves’ Tax Raid Targets Retirees in March

Rachel Reeves is in a tight spot ahead of her Spring Statement on 26 March, trying to fix the financial mess left by her disastrous autumn Budget.

Evening Standard

Minister declines to rule out possibility of new taxes

The Chancellor will deliver a statement on March 26 in response to the latest forecasts from the Office for Budget Responsibility watchdog.

Evening Standard

Poundland put up for sale after sales slump in 'challenging' conditions for high street

Owner Pepco said Budget tax hikes have put extra pressure on the ailing chain

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The Independent UK

Reeves plans billions in benefits and other spending cuts

Treasury sources warn ‘world has changed’ since chancellor’s Budget as more cuts loom

Evening Standard

Chancellor plans sweeping welfare cuts amid tariffs warning, higher inflation and increasing borrowing costs

A minister has defended the proposals saying there is a ‘moral case’ for cutting Britain’s welfare bill

Evening Standard

‘Moral case’ to cut welfare bill, says minister as Reeves bids to balance books

The Chancellor looks set to curb welfare spending and the cost of the Civil Service in her spring statement.

International Business Times

Trump Administration Calls For Program Mergers, 'Significant Reduction' In Federal Workforce

In a memo to agency heads, Budget Director Russell Vought and acting director of the Office of Personnel Management Charles Ezell described the federal government as "costly, inefficient, and deeply in debt."

The Independent UK

Income tax will have to rise, ex-Bank of England chief warns, as he blasts Reeves’ ‘irresponsible’ promises

Mervyn King says there is ‘no harm’ in raising the basic rate of income tax as he urged Rachel Reeves to act over ‘silly things’ said before the election

The National (Scotland)

Scottish Budget plans pass with Greens, Lib Dems and Alba support

THE Scottish Budget has passed its final Holyrood hurdle with the support of the Greens, Liberal Democrats and Alba, while Tories opposed and Labour…

Evening Standard

SNP Budget plans approved with Greens, Lib Dems and Alba support

Ministers highlighted record spending for the NHS and councils in the £63 billion budget settlement.

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