The Latest Breaking News from Rachel Reeves

Chancellor Rachel Reeves insisted she had no alternative but to raise taxes in her first Budget.

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…

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

Private jet passengers have been hit the hardest out of all UK flyers in this week’s autumn Budget