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The Latest Breaking News from Budget

Applause as Question Time audience member tears into Labour and Tory MPs

AN audience member has been praised on social media as he took aim at the Labour and Tory guests on Thursday night’s Question Time...

The National (Scotland)

FTSE 100 Live 01 November: Markets calmer after sell-off, Reckitt Benckiser shares jump

Borrowing costs continue to be in focus after a rocky week for markets on both sides of the Atlantic.

Evening Standard

Reeves gives Labour post-Budget poll boost despite £40bn tax row

Exclusive: Rachel Reeves has faced a storm of criticism after producing the biggest tax raising Budget in history but the latest weekly tracker poll has shown public support grow for Labour

The Independent UK

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Farm schemes funding ‘review’ was last thing sector needed, says MP

A ‘review’ into farm schemes funding from 2025/26 was ‘the last thing’ the sector needed, an MP said.

Evening Standard

Stormont ministers must ensure balanced budget is delivered, says Benn

The Northern Ireland Secretary said the scale of the budget package for the region presented the local administration with ‘significant opportunity’.

Evening Standard

Global stocks tumble and pound weakens as investors digest UK Budget

London’s FTSE 100 was down 49.53 points, or 0.61%, to close at 8,110.1.

Evening Standard

Housing industry Budget reaction: London renters and first-time buyers facing woe

Industry reaction suggests that renters and First Time Buyers are going to be hit hardest by measures in the Autumn Statement

Evening Standard

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The chart that reveals the Budget’s real winners – and who will be hit hardest

Nine out of 10 taxpayers will benefit as a percentage of income from the Budget, according to a Treasury analysis

The Independent UK

Starmer accused of lying to farmers with surprise Budget ‘tractor tax’ set to destroy family farms

Critics attack the government’s decision to extend inheritance tax to family farms

The Independent UK

OPINION - The Budget delivered the same old story on living standards

Disposable income is stagnating. It was not always this way

Evening Standard

Budget: Private jet passengers hit with extra tax bill as rate increases by 50 per cent

Private jet passengers have been hit the hardest out of all UK flyers in this week’s autumn Budget

The Independent UK

Reeves admits tax hikes will hit working people as IFS accuses chancellor of ‘undermining trust’

Rachel Reeves was forced to accept that her decision to raise employers’ national insurance contributions will lead to workers being paid less, but asked, ‘what alternative was there?’

The Independent UK

NHS workload will ‘go up, not down’, Starmer warns after new health funding

The Prime Minister insisted he will help the health service deal with growing pressures.

Evening Standard

Labour Budget raises '£500 million question for Scotland', First Minister says

RACHEL Reeves’s Budget has left a “£500 million question” for Scotland, the First Minister has said ...

The National (Scotland)

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Evening Standard

Some Budget measures are welcome but others will ‘prolong agony’, warns Swinney

The First Minister said it is regretful the Chancellor had not scrapped the two-child limit on some benefits.

Evening Standard

'Kick in the teeth' for London rail commuters: Season tickets to rise by up to £300 for delays-hit trains

Commuter costs are on the rise - but fuel duty was frozen yet again

The National (Scotland)

'Some nerve': John Swinney and Russell Findlay clash during heated FMQs Budget debate

RUSSELL Findlay has been told he has “some nerve” by the First Minister during a heated debate on the Budget at FMQs ...

Evening Standard

OPINION - The Standard View: Labour's National Insurance raid will hit "working people"

It was not all that long ago the Labour Party was campaigning for government, promising to prioritise economic growth, and reassuring voters that vast tax rises were not necessary. Yesterday’s Budget put paid to that.

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Evening Standard

Farmers will have to stump up hundreds of thousands of pounds, Tories claim

Business minister Douglas Alexander defended the Government’s reforms of inheritance tax, saying ‘difficult and necessary choices’ had to be made.

The Independent UK

Jeremy Hunt to step down as shadow chancellor with end of Tory leadership race in sight

The shadow chancellor, who narrowly retained his seat in the election, says he’s unlikely to return to the frontbenches for ‘the next few years, at least’

The Independent UK

UK house sales jumped 9% in September, says HMRC

Across the UK, an estimated 91,820 home sales took place in September, which was also a fraction higher than in August.

The Independent UK

Extra Budget cash for Scotland will not see two-child cap axed, Robison suggests

The Scottish Finance Secretary also appeared to indicate the money will not be used to restore universal winter fuel payments to pensioners.

Evening Standard

Millions of workers to see £600 pay rise hit from National Insurance hike on businesses, says Budget watchdog

The Office for Budget Responsibility stressed three quarters of the rise in National Insurance on employers would ultimately feed through into lower wage increases for employees

The Guardian - UK

UK politics: Starmer insists pro-growth policies on way after OBR’s budget warnings – as it happened

PM says budget just ‘first step’ after watchdog said measures would make no difference to growth over five years

Evening Standard

Taxes to rise higher AGAIN in next few years and wage increases hit, warn IFS economists after Reeves Budget

The Institute for Fiscal Studies also stressed that much of the National Insurance rise on employers would feed through into smaller pay rises for workers

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