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The Latest Breaking News from Budget

Millions of public sector workers to get inflation-busting pay rises, confirms Rachel Reeves

Cabinet Office minister Pat McFadden left open the prospect of a string of tax rises apart from on VAT, income tax and National Insurance

Evening Standard

Bank of England interest rate cut joy for mortgage holders as Reeves blames mini-Budget for inflation - live

The Bank of England has decided to cut interest rates for the first time in more than four years

The Independent UK

Britain could be hit with tax rises in autumn Budget given dire public finances, warn top economists

But the Institute for Fiscal Studies said the spending crisis was ‘predictable and predicted’

Evening Standard

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Families in London's East End being plunged into deeper poverty by two-child benefit cap, warns MP

Labour MPs are planning a fresh push at the autumn Budget to scrap the restriction

Evening Standard

‘Hands tied, June 4 changed to July 23’: What front pages, editorials said on budget 2024

From signs of political exigencies to its focus on job creation, many have seen the first budget of the BJP-led NDA government as a message to the Indian voter.

Newslaundry

Sadiq Khan: Government must scrap two child benefit cap 'as soon as it can'

The mayor said he ‘fully supports’ the Government’s Child Poverty Taskforce

Evening Standard

"Modi govt has increased unemployment in last 10 years": SP Chief Akhilesh Yadav criticises Union Budget

SP chief Akhilesh Yadav criticised the Union Budget presented by FM Nirmala Sitharaman, saying that the budget is a way to retain power as it mentioned a special project for Bihar and Andhra Pradesh. Read further on Dynamite News:

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Keir Starmer faces first Commons revolt as PM over two child benefit cap opposed by many Labour MPs

Ex-shadow chancellor John McDonnell says he may seek to amend the Budget to scrap this welfare restriction

Evening Standard

Best Summer Travel Deals 2024

This summer, enjoy the best specials and deals on flights, hotels and car rentals from Google Flights, Delta, Costco Travel, Hyatt, Marriott, Avis, Royal Caribbean Cruise Line and more.

Kiplinger

Cheaper rego, sports vouchers in latest budget promises

Queenslanders will get cheaper car registration in the state government's latest cost-of-living budget announcement.

AAP

Who’s out of touch? The tabloid obsession over what the treasurer’s ‘missus’ wore on budget night

Laura Chalmers’ outfit prompted some to brand her husband ‘out of touch’ – but others pointed to sexism in the coverage. Plus: more brickbats as Walkleys drop Ampol

The Guardian - AU

Revenue-earning depts should meet targets: CM

The Hindu

Jim Chalmers delivers 2024 budget speech – as it happened

This blog is now closed.

The Guardian - AU

A reform window: On the GST trajectory

The overall GST trajectory should give the next government comfort to focus on much-needed reforms to the tax

The Hindu

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The Hindu

Former Jharkhand CM Hemant Soren withdraws from Supreme Court his plea against HC order

Former Jharkhand CM Hemant Soren withdraws plea challenging high court order, remains under judicial custody for money laundering case.

The Hindu

Kerala’s additional resource mobilisation measures to kick in from April 1

The ₹10 hike in the support price for rubber along with measures for additional resource mobilisation announced in the Kerala Budget will kick in from April 1.

Evening Standard

Inflation to fall to 3.5% this week but Bank of England won’t cut interest rates, City markets suggest

City experts predict that rate of price rises will hit BOE’s target in one or two months’ time

The Hindu

Cusat Budget focusses on enhancing academic and research capabilities

Cochin University of Science and Technology's 2024-25 budget focuses on academic restructuring, research incentives, and facility improvements.

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Evening Standard

OPINION - All models are wrong (except the Office for Budget Responsibility's Brexit forecasts)

"All models," the British statistician George Box observed, "are wrong, but some are useful." To which we now turn to the Office for Budget Responsibility, whose Brexit forecasts seem to be holding up remarkably well.

The Hindu

Sanskrit University Budget 2024-25: Proposals to start Centre for Secular Studies, inter-university centres

A Centre for Secular Studies and inter-university centres in areas including languages, Humanities and Social Sciences are the key projects included in the Budget of the Sree Sankaracharya University of Sanskrit for the 2024-25 fiscal.

The Hindu

Why haven't you moved Himachal Pradesh HC against disqualification: SC asks disqualified MLAs

Himachal Pradesh Assembly Speaker Kuldeep Singh Pathania had disqualified the six MLAs on the Congress’ plea for “defying” the party whip that required them to be present in the House and vote for the budget.

Evening Standard

Tom Tugendhat urges rise in defence spending to 2.5% 'now' - but denies rift with Rishi Sunak

While Economic Secretary Bim Afolami says voters won’t be ‘bribed’ by pre-election budget giveaways

Evening Standard

Business leaders’ tourist tax fury is a gift for Starmer

City Comment: It’s not yet clear what Labour would do about the tourist tax, but retail bosses fed up with Sunak and Hunt have strarted turning to Starmer and Reeves for salvation

Evening Standard

Brexit hitting UK economy and damage set to worsen with new trade barriers, Budget watchdog warns

Impact of leaving EU raised by Office for Budget Responsibility in its detailed analysis of Chancellor Jeremy Hunt’s Budget

Evening Standard

Westfield boss backs Labour amid 'utter disappointment' in Hunt's failure to scrap 'tourist tax' in Budget

Scott Parsons, chief operating officer, UK at French-owned Unibail-Rodamco-Westfield, said it was ‘deeply frustrating’ that retail leaders have been ignored

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