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The Latest Breaking News from Budget

Brits in midst of 'disastrous decade' for living standards after 13 years of Tory rule

A post-Budget analysis by the Resolution Foundation says household disposable incomes will still be lower in 2027-28 than before the Covid crisis while some Whitehall ministries face cuts of 10%

Daily Mirror

New DWP changes announced in Budget could see support for 650,000 people on benefits cut back

The welfare reforms aim to help more people claiming sickness and disability into work.

Daily Record

Labour vows to reverse Jeremy Hunt's 'gilded giveaway' to wealthiest 1% of pensioners

The Shadow Chancellor said Jeremy Hunt's 'gilded giveaway' decision to abolish the £1million pension lifetime allowance was the 'wrong priority' and for the 'wrong people'

Daily Mirror

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Labour promises to reverse Jeremy Hunt’s pensions ‘giveaway for richest 1%’

Rachel Reeves vows to reverse ‘free-for-all for wealthy few’

The Independent UK

Price of cigarettes and wine set to increase despite Jeremy Hunt's 'Brexit' pubs guarantee

The Chancellor pledged to freeze duty on draught pints this summer during his fiscal statement on Wednesday, but the prices of some other alcoholic drinks will rise

Manchester Evening News

Jeremy Hunt's Budget slammed for helping the rich while poor continue to suffer

Chancellor Jeremy Hunt's Budget was hailed as a boost for families. But Mirror readers were left less-than-impressed that it offers little to ease our financial woes

Daily Mirror

Hunt defends ‘transformational’ Budget amid £1bn tax giveaway for wealthy

The Chancellor said he is ‘systematically’ removing barriers to work which have been holding back economic growth.

The Independent UK

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Workers face extra £29.3bn-a-year burden from ‘stealth’ tax rises

‘Stealth’ tax to drag 5.3 million more people into paying tax or higher rate tax, figures show

The Independent UK

Jeremy Hunt vows to fill 1m vacancies but refuses to commit to tax cuts ahead of general election

Chancellor defends ‘back to work’ budget in round of TV interviews

The Independent UK

House prices set to fall by 10 per cent - and may not get back on track until 2026, watchdog warns

Drop even larger than forecast in November as incomes squeezed and mortgage rates expected to rise again

The Independent UK

Budget 2023: Hunt warns childcare support boost ‘can’t happen overnight’

Support to be ‘ramped up in orderly way’ amid concerns system won’t cope with increased demand but struggling parents say help arriving ‘too late’

Evening Standard

'Insipid and uninspiring Budget offered botched repairs from cowboy builders'

The Chancellor claimed that he had crafted a Budget for growth. The reality is Britain remains in the economic slow lane, with GDP to shrink this year

Daily Mirror

Sadiq Khan: Budget is ‘missed opportunity’ for London

The Mayor said the Budget had left a number of key transport projects in a state of uncertainty

Evening Standard

Jeremy Hunt’s ‘back to work’ Budget sees pension limits scrapped and free childcare extended

Labour says changes to pension pots will benefit ‘richest 1 per cent’

The Independent UK

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Evening Standard

Budget 2023: Senior Tories call for rethink on corporation tax rise to boost growth

Jacob Rees-Mogg called for ‘low tax rates with few exclusions’ for businesses.

Evening Standard

Budget 2023: ‘650,000 including surgery patients could lose support under welfare reforms’

A think tank has said reforms must be implemented slowly as there will be ‘significant winners but also losers’

Chronicle Live

Five pension changes everyone needs to know about in addition to Budget news

There's been many changes to pensions policies in the past few years that will affect everyone, even before you retire

Evening Standard

How does carbon capture work, and is it effective?

The prime minister has confirmed two new carbon capture usage and storage clustes, as well as 100 new licenses for oil and gas extraction in the North Sea

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Wales Online

Budget 'did not acknowledge NHS workforce crisis', health experts say

The Royal College of Nursing accused the Chancellor and former health secretary Jeremy Hunt of ‘not yet gripping’ the issue

Birmingham Post

Budget 2023: East Midlands bosses criticise ‘resounding disappointment for SMEs’ but welcome child care help

One expert said SMEs were the big losers when many needed help the most

Daily Record

Tories give wealthy 'permanent tax cut' while taking away £67-a-month from struggling households

Chancellor Jeremy Hunt also promised a 'callous' clamp down on benefits claimants

Chronicle Live

North East hopes to follow Andy Burnham with 'trailblazer' devolution powers in 2024

A new mayor for the region is due to be elected next year and there are hopes that they will quickly be given a raft of powers going to Manchester and the West Midlands now

The Independent UK

Business groups cheer Budget measures, but fears remain amid cost pressures

The Chancellor did not offer to extend current energy support and announced little to help the UK’s 5.5 million small firms, say groups.

Birmingham Post

‘No mention of the South West’ - business leaders react to the Budget

Bosses across the region have described its absence from a list of 12 new investment zones as ‘disappointing’ and ‘a blow’

Birmingham Post

Urgent next steps detail sought by businesses behind carbon capture plans as Budget backing welcomed

Humber giants Equinor and Drax book-end huge regional plans for decarbonisation network

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