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The Latest Breaking News from Budget

Why mounting costs mean recent retail growth ‘barely touches the sides’

July retail sales were up 2.5 per cent on 2024 but they were not close to covering the the last budget’s £7 billion in new costs on the sector

The Independent UK

Tax rises would force up prices for customers, retailers warn Reeves

There are growing questions over how the government will fill a black hole in the public finances at the next budget

The Independent UK

Starmer’s U-turns leave UK economy ‘vulnerable’ warns OBR

The Office for Budget Responsibility’s warning piles fresh pressure on Rachel Reeves ahead of the autumn Budget

The Independent UK

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Rachel Reeves year in review: Chancellor's 2025 is no cause for celebration

City confidence in her is rock bottom — and Rachel Reeves’s high wire act is just one misstep away from a full blown financial crisis, says Jonathan Prynn

Evening Standard

Councils to get more powers to crush fly-tippers’ vans in planned crackdown

Local authorities are expected to use existing budgets to tackle the problem of dumped waste.

The Independent UK

Rachel Reeves sets out cuts to balance the books after budget watchdog’s verdict

The Chancellor updated MPs on the nation’s finances.

Evening Standard

Spring Statement 2025 LIVE: Rachel Reeves warned economic plans could be derailed as UK growth forecast slashed

Chancellor Rachel Reeves has presented her first highly-anticipated Spring Statement to parliament.

Evening Standard

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Parliament Budget Session: SP MP Dharmendra Yadav asks govt to restore old pension scheme

Samajwadi Party MP Dharmendra Yadav on Monday raised major issues related to government employees in the Lok Sabha. Read further on Dynamite News: Read further on Dynamite News:

Dynamite News

Starmer leaves door open for more tax rises and spending cuts in spring Budget

But the prime minister also tried to play down fears of a repeat of Rachel Reeves’ shock £40 billion tax rise Budget

The Independent UK

John Swinney urges Anas Sarwar to vote for Budget after Starmer Grangemouth pledge

The First Minister has called on Scottish Labour to support the Budget following Keir Starmer’s announcement of an extra £200 million for…

The National (Scotland)

UK businesses cutting jobs at fastest rate since 2020

Data from S&P Global showed that a decline in staffing numbers in February was the sharpest since November 2020.

Evening Standard

Revealed: The shocking number of pubs that closed for good last year

Pubs are set to come under further pressure when a raft of cost increases linked to the October Budget

The Independent UK

Embattled Rachel Reeves gets Budget boost with growth forecast – but Trump tariffs will damage UK economy

Think tank says GDP growth is likely to be 0.2 percentage points lower in the first year of tariffs if implemented by the US president

The Independent UK

Parents to be hit by 10% nursery fee rise in wake of Rachel Reeves’s tax hikes

Childcare providers have been hit by rise in employers’ national insurance announced by the Labour chancellor in the Budget

The Independent UK

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Evening Standard

M&S boss says Government must ‘act now’ as Budget risks shrinking UK retail

Stuart Machin, writing in the Sunday Times, called on Chancellor Rachel Reeves to ‘act now’ and make changes to her tax plans.

Evening Standard

Vertu Motors axes jobs and shuts showrooms on Sundays after Budget blow

It warned it was facing around an extra £10 million in wage costs in its next financial year from the Budget measures.

Evening Standard

Welsh Tories accused of having ‘given up’ after leader misses vote to go to US

Darren Millar, the leader of the Welsh Tories, and his colleague Russell George, missed the draft budget debate to go to a prayer meeting in the US.

Evening Standard

Admiral Taverns to weather Budget tax increases amid stronger trading

The pub firm, which runs around 1,400 sites, revealed stronger profits for the past year.

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The National (Scotland)

Labour urged to stop standing on 'political sidelines' and back Budget

FINANCE Secretary Shona Robison has urged Labour to stop standing on the “political sidelines” and back the Scottish Government’s Budget to…

Dynamite News

Budget 2025: Opposition protest over Maha Kumbh stampede amid Budget by Sitharaman

During the presentation of Budget 2025 by Finance Minister Nirmala Sitharaman in Parliament, opposition parties staged a walkout over Maha Kumbh stampede deaths. Must follow the story on Dynamite News.

The Independent UK

Voices: Rachel Reeves’s growth speech felt more like an emergency Budget

COMMENT: Allies insist that, after a gloomy start in the job, the chancellor had long planned to shift up a gear – but her announcement of a third Heathrow runway and a ‘Silicon Valley’ from Oxford to Cambridge felt suspiciously like someone in a hurry to correct her own mistakes,…

Evening Standard

Business groups welcome Reeves’ growth plans but remain ‘concerned’ about Budget

The Chancellor backed the expansion of Heathrow, and plans to turn Oxford and Cambridge into ‘Europe’s Silicon Valley’ in a bid to boost the economy.

The National (Scotland)

Why have SNP stripped all mention of independence from Scottish Budget?

“VICTORY for John Swinney”. That was how the Daily Record’s political editor characterised the news that the LibDems would be backing his…

Evening Standard

Greens and Lib Dems give their backing to the Scottish Budget

Deals agreed with the two parties to ease the path of the Budget will cost the Scottish Government £16.7 million.

Evening Standard

Halfords raises profit outlook but warns of uncertainty after Budget

Halfords now expects annual profits of between £32 million and £37 million, compared with the analyst consensus for £28.3 million.

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