The Latest Breaking News from Rachel Reeves

Perhaps the most important long-term change announced in the first Labour budget are the new rules the government has set itself to fund the expansion of public services and increase public investment. These fiscal rules, which set out how much the government can borrow and spend, are seen as critical…

London’s FTSE 100 was down 49.53 points, or 0.61%, to close at 8,110.1.

Unless the chancellor’s capital spending increases stimulate private investment, expect more tax rises ahead

Members of the Independent Schools Council board voted to take action after the policy was confirmed in the Budget.

Industry reaction suggests that renters and First Time Buyers are going to be hit hardest by measures in the Autumn Statement

Nine out of 10 taxpayers will benefit as a percentage of income from the Budget, according to a Treasury analysis

UK Treasury raises taxes by 40 billion pounds, affecting wage growth and public services. Potential future tax increases and spending concerns highlighted.

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely

BUDGETS always throw up a host of questions that can’t be easily answered in time for paper deadlines or the Six O’Clock News – not least of…

UK government bond yields jumped to a one-year high on Thursday after Labour announced a sharp increase in spending in the Budget.

Rachel Reeves made funding the NHS a priority but people working in other areas said they were disappointed