The Latest Breaking News from Budget

Laying the groundwork for further tough choices in Wednesday’s Budget, Sir Keir Starmer said the existing cap will be replaced by the higher fare limit

Labour minister Pat McFadden clashed with BBC Radio 4’s Emma Barnett over the definition of “working people” as he predicted that this week’s Budget would be the “most honest” in years.

Sir Keir Starmer gave a gloomy assessment ahead of Wednesday’s Budget in a major speech in Birmingham

Developments in the sector include plans for Ireland’s first whiskey hotel.

COMMENT: Can we please all keep our eyes firmly on our first female chancellor’s fiscal cuts rather than her physical appearance? Not likely, says Claire Cohen

The increase will be announced at Rachel Reeves’ first Budget on Wednesday.

The increase will be announced at Rachel Reeves’ first Budget on Wednesday.

Sir Keir Starmer said Chancellor Rachel Reeves’ Autumn Statement will seek to get Britain out of a ‘pay more get less doom loop’

Chancellor Rachel Reeves will deliver her first Budget on Wednesday.

Fear is the watchword for this most important of Budgets. For those who own shares, or second homes, or cannot conceivably be defined as “working people” (whoever they are), the fear is of tax rises. From capital gains to pension relief and inheritance tax, the Chancellor is looking to raise…

Watch as Sir Keir Starmer warned that Britain faces "unprecedented challenges" in a speech on Monday, 28 October, ahead of Labour's first Budget for 14 years.