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The Latest Breaking News from Rachel Reeves

Income tax threshold freeze will hit poorer households harder, experts say

Move will have greater impact on living standards of taxpayers in bottom half of income scale, thinktanks say

The Guardian - UK

This was Rachel Reeves’s ‘live now, pay later’ budget. The big question is: what happens when ‘later’ arrives?

The chancellor can only hope for an upturn in the government’s fortunes before tax increases kick in, says Guardian columnist Larry Elliott

The Guardian - UK

Keeping windfall tax is right thing to do, says Reeves amid concerns over jobs

The Chancellor responded to criticism from the sector and the Scottish Government following her decision to maintain the energy profits levy.

The Independent UK

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‘External person’ may have leaked Budget document link, says OBR chief

Contentious Budget was leaked nearly an hour before chancellor was set to announce it

The Independent UK

US banks announce UK expansion projects hours after budget

JP Morgan and Goldman Sachs reveal plans for London and Birmingham as sector is spared tax rises

The Guardian - UK

‘Mortified’ OBR chair hopes inquiry into budget leak will report next week

Reuters news agency says it obtained document after visiting URL it predicted file would be uploaded to

The Guardian - UK

The Standard podcast: How will Rachel Reeves' autumn budget affect you?

Listen here on your chosen podcast platform.

Evening Standard

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Revealed: £600-a-year average income tax rise for millions with London hardest hit in Reeves Budget

The Chancellor was facing criticism that she was hitting workers with tax rises to pay for more benefits

Evening Standard

Rachel Reeves insists tax on working people kept at ‘absolute minimum’ at Budget

The Chancellor struck a defiant tone, saying: ‘You’re not going to write my obituary,’ a day after her statement.

Evening Standard

'External person' may have accessed leaked Budget document link, says under-fire OBR chief

OBR chairman Richard Hughes tells Radio 4’s Today: ‘It appears there was a link that someone was able to access - an external person’

Evening Standard

Starmer says budget did not break manifesto tax pledge – as it happened

PM says: ‘We kept to our manifesto in terms of what we’ve promised. But I accept the challenge that we’ve asked everybody to contribute’

The Guardian - UK

Flutter warns over earnings hit from Budget gambling tax blow

The Paddy Power owner said the tax raid will impact earnings by around £241.7 million in 2025-26 and £407.9 million in 2026-27.

Evening Standard

The two-child limit is abolished at last. Watch out for the narrative that will follow

The right is already in a frenzy about the migrant groups it thinks will benefit – and the budget contained other trade-offs, says Guardian columnist Frances Ryan

The Guardian - UK

'You Cannot Treat Our Farmers Like This in Britain': Tax-Protesting Farmers Bring Tractors to the Streets, Get Arrested

British farmers protesting inheritance tax were met with police restrictions and arrests for bringing tractors into central London, as tensions surged over budget changes affecting family farms.

International Business Times UK

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Evening Standard

JPMorgan to build £3 billion mega tower HQ at Canary Wharf in boost for London

Facilities including terraces and roof-tops, wellness spaces, nursing rooms, restaurants and cafés, and bicycle parking spaces.

The Guardian - UK

Thursday briefing: What could the government’s proposals to scrap jury trials mean for democracy?

In today’s newsletter: As pressure mounts to tackle the backlog of almost 80,000 cases, the government is considering sweeping reforms that senior lawyers warn may reshape justice in England and Wales

The Guardian - UK

‘I don’t live in a mansion. It’s a 1930s house’: Richmond residents react to council tax rise

Rachel Reeves’s new council tax surcharge on homes worth £2m or more earns mixed reception in well-heeled London borough

The Guardian - UK

Leaders hope budget funding will boost Labour in next year’s Scotland and Wales elections

Scottish Labour’s Anas Sarwar and the Welsh first minister, Eluned Morgan, both face humiliating defeat in next year’s elections, according to polling

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The Guardian - UK

Rachel Reeves’s budget has inflamed, not calmed, Britain’s febrile mood

The chancellor’s statement will be remembered for the many taxes it raised, rather than the big one – income tax – it did not, says Guardian columnist Martin Kettle

The Guardian - UK

‘Struggling to pay the bills’: Britons under pressure react to budget 2025

As they struggle with the cost of living, people weigh up whether Rachel Reeves’s measures will help them

The Guardian - UK

Rachel Reeves hands farmers inheritance tax break

Treasury says concession could be worth £30m next year and £70m a year until 2030

The Independent UK

‘You will be worse off’: Martin Lewis reveals what Rachel Reeves’s Budget will mean for your wallet

The chancellor unveiled £26 billion worth of tax hikes to close a large hole in the public finances

Evening Standard

'You won't write my obituary': Under-fire Reeves hits back at critics of her tax and benefits Budget

The Chancellor’s statement put Britain on course for a record tax burden as she hikes levies

The Independent UK

Chancellor to face more questions after Budget overshadowed by major leak

The Chancellor’s decisions put Britain on course for a record tax burden as she hiked levies.

The Independent UK

Jeremy Corbyn slams Labour’s Budget as he issues tax warning

Jeremy Corbyn has accused Rachel Reeves of not going far enough to tax high earners in her Budget.

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