The Latest Breaking News from Budget

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 · Oct 31, 2024

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) · Oct 31, 2024

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 · Oct 31, 2024

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 · Oct 31, 2024

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 · Oct 31, 2024

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.

The Independent UK · Oct 31, 2024

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

Evening Standard · Oct 31, 2024

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

The Guardian - UK · Oct 31, 2024

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

Evening Standard · Oct 31, 2024

Post-budget sell-off of government bonds by worried City traders intensifies, pushing up UK borrowing costs – as it happened

Institute for Fiscal Studies says increasing borrowing to fund investment ‘right thing to do’

The Guardian - UK · Oct 31, 2024