The Latest Breaking News from Budget

Budget 2024: Huge row erupts over Rachel Reeves 'raising mortgage rates' by borrowing billions

The clash over home loans erupted just days before the Budget on October 30

Evening Standard · Oct 25, 2024

No 10 climbs down on PM’s claim stocks and shares owners not ‘working people’

The Government has been asked repeatedly to define what a ‘working person’ is to establish which taxes could rise.

The Independent UK · Oct 24, 2024

Downing Street climbs down on Keir Starmer's claim shares owners are not ‘working people’ ahead of Budget

The Prime Minister had suggested asset owners would not fall within his conception of what a working person is

Evening Standard · Oct 24, 2024

Sadiq Khan slashes his minimum ask for transport funding ahead of Labour's Budget

The mayor insisted he will still be demanding ‘as much as I can get’ for TfL, but said the ‘black hole’ in the public finances had to be acknowledged

Evening Standard · Oct 24, 2024

Government borrowing costs rise ahead of Reeves’ first Budget

Speculation that Rachel Reeves will change the way debt is assessed triggered a market reaction.

The Independent UK · Oct 24, 2024

If the Budget can increase the size of the economic pie then we will all be better off

A big feature of the Budget will be an increase in public investment, perhaps by around £18bn, paid for by a rise in public borrowing

Evening Standard · Oct 24, 2024

Chancellor Rachel Reeves hints at ‘challenging’ Budget in new video

Chancellor Rachel Reeves has hinted at a “challenging” Budget as she prepares to borrow tens of billions of pounds to invest in Britain’s crumbling infrastructure.

The Independent UK · Oct 24, 2024

Judge reduced to cleaning courthouse gutters amid justice funding crisis

Country’s most senior judge calls for ‘concrete steps’ from government to support the justice system

Evening Standard · Oct 24, 2024

British businesses grow at slowest rate in 11 months amid Budget uncertainty

Chancellor Rachel Reeves has struck a pessimistic tone around the Budget, warning of ‘tough decisions’.

Evening Standard · Oct 24, 2024

Report suggests Reeves could announce plans to change Britain’s debt rules

The Chancellor will be looking to raise up to £40 billion from tax hikes and spending cuts in order to avoid a return to austerity.

Evening Standard · Oct 24, 2024