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The Latest Breaking News from Budget

Wetherspoon boss warns over price hikes after Budget tax rises

Tim Martin, Wetherspoon’s chairman, said he believes ‘all hospitality businesses’ are planning to pass on higher costs through price hikes.

Evening Standard

Reeves faces grilling by MPs over Budget measures

Changes announced in the Budget will come under scrutiny from the Treasury Select Committee on Wednesday.

The Independent UK

Rachel Reeves faces grilling by MPs over tax hikes and increased spending in Budget

Measures announced in Budget will come under scrutiny from the Treasury Select Committee on Wednesday

Evening Standard

From analysis to the latest developments in health,
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Badenoch to challenge Starmer in first PMQs for new-look Opposition

The former minister is preparing for her debut battle at the despatch box on Wednesday.

The Independent UK

Survey finds 81% of councils on course to overspend adult social care budgets

Adass said if the recent trend continues, within a couple of years all council adult social care budgets in England will be overspent.

The Independent UK

Darren Jones suggests Tory shadow minister has ‘amnesia’

Mr Jones’s comments were aimed at shadow Treasury minister Alex Burghart, who had described the Budget as being ‘as bad as bad can be’.

The Independent UK

Bombshell claim Rishi Sunak's government 'didn't follow law' on revealing scale of UK public finances crisis

The allegation came from the independent Office for Budget Responsibility

Evening Standard

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Jeremy Hunt’s Treasury may have broken the law by hiding Budget black hole, says OBR

£9.5bn spending gap wasn’t disclosed, ‘which under the law ... they should have done’, says fiscal watchdog

The Independent UK

Labour accused of ‘traumatising’ farmers in ‘tractor tax’ raid amid warning over mental health crisis

MPs and farmers have attacked the government’s decision to extend inheritance tax to family farms

The Independent UK

Welsh farmers ‘threatened’ by changes to inheritance tax

Eluned Morgan, the Welsh First Minister, has defended the UK government’s budget during FMQs.

Evening Standard

Fee rise will not fix ‘financial pressures’ facing universities due to NI hike

Changes announced in the Budget around employers’ national insurance contributions will cost the sector around £372m, it has been suggested.

Evening Standard

Streeting vows Budget will put NHS staff ‘on front line, not the picket line’

The Health Secretary also vowed Labour would rebuild hospitals.

The Independent UK

Spending on projects early could lead to higher costs in the end – OBR chief

Richard Hughes was speaking to a cross-party committee of MPs on Tuesday.

Evening Standard

Interest rate cut today 'nailed on' say City economists in new boost to home owners

Bank of England aiming to bolster economy amid rising uncertainties and weakened consumer confidence

Evening Standard

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Evening Standard

Primark boss says weight of Budget tax rises ‘falling on high street’

George Weston, the chief executive of Primark owner Associated British Foods, said it was preparing for a big jump in business costs.

The Independent UK

Farmers warn 75% of British food production will be hit by Reeves’s tax raid

The NFU’s Tom Bradshaw warned the government had not considered at all the impact on food production

The Independent UK

The Who’s Roger Daltrey warns Rachel Reeves’ Budget poses ‘catastrophic’ threat to charities

Rachel Reeves unveiled tax hike for employers in Autumn budget

Evening Standard

Shadow chancellor Mel Stride says Labour hiding behind an ‘alibi’ over NI rise

Newly-appointed Mr Stride claimed the Labour Party has breached its manifesto as a result of the increase to national insurance for employers.

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Evening Standard

Impact of changes to farming inheritance tax: key questions answered

Under changes announced in the Budget, farms worth more than £1 million will be liable for inheritance tax.

Evening Standard

Third of NI farmers will be affected by Budget, says agriculture minister

Stormont Agriculture Minister Andrew Muir was set to meet Secretary of State Hilary Benn to discuss the issue.

Evening Standard

How will the Budget affect the living standards of London's nine million people?

The Budget feels like a significant missed opportunity to create a world class regime to attract international wealth to the UK.

Evening Standard

Farmers 'militant' action threat after Rachel Reeves rejects plea for U-turn on Budget inheritance tax hike

Ministers met the head of the National Farmers’ Union but the stand-off over inheritance tax was not resolved

Evening Standard

‘Unprecedented’ Budget not enough to make up for austerity – Archibald

Caoimhe Archibald also revealed that the Treasury has indicated it will not cover the cost of the PSNI data breach.

The Independent UK

Home secretary confirms £75m to tackle people smuggling is new funding from Budget

Home secretary Yvette Cooper has said an additional £75 million for the Government’s border command is new funding from the Budget.

Evening Standard

Government will ‘try to make progress as rapidly as possible’ on small boats

Yvette Cooper said that criminal gangs were the target as the border security command is set to see its funding doubled.

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