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The Latest Breaking News from Budget

Budget 2024: Which taxes will Chancellor Rachel Reeves raise in the Budget?

Increases in National Insurance for employers, inheritance tax, capital gains tax and stamp duty are expected in the Budget on October 30

Evening Standard

HS2 rail line will run into London Euston, transport secretary Louise Haigh hints

The government is expected to make an announcement around the time of the Budget

The Independent UK

Pensioners will keep their free bus passes, says Cabinet minister Louise Haigh ahead of the Budget

The pledge was made after the cuts to the winter fuel payments for most pensioners

Evening Standard

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Budget 2024: Five key tax takeaways at a glance

Chancellor announces biggest raft of tax hikes in any budget since 1993

The Independent UK

Labour warned cuts plans are 'Liz Truss levels of economic vandalism'

LABOUR have been warned their plans to cut billions from government budgets are “Liz Truss levels of economic vandalism”.

The National (Scotland)

OPINION - Rachel Reeves embraces optimism – but the sting will be in the Budget

In early August 1979, Peter Cropper, a special advisor to newly-installed chancellor of the exchequer, Geoffrey Howe, sent a memo to colleagues. They should, he warned them, "stop being so downbeat. The world economy may be gloomy but there's absolutely no need for us to be gloomy."

Evening Standard

Tens of thousands sign petition urging Chancellor to 'protect older people' in Budget

MORE than 60,000 people have now signed a petition calling on the Chancellor to “protect older people” in the upcoming Budget...

The National (Scotland)

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Key business survey for September points to slowing growth ahead of the Budget

The PMI reading of 52.9 is down from 53.8 in August and below City expectations of 53.5

Evening Standard

Starmer refuses to rule out first fuel duty rise in 15 years as Labour seeks to close Budget black hole

PM says he wants to ‘inject hope’ for the British people but is government is still mulling over options for tax rises

The Independent UK

‘Austerity mark two is not the answer’: Trade unions hit out at Keir Starmer speech

TRADE unions have hit out at Keir Starmer’s speech in which he warned that the UK Government’s forthcoming Budget will be “painful”.

The National (Scotland)

Anas Sarwar: People will find Keir Starmer's doom and gloom 'refreshing'

ANAS Sarwar has said people will find Keir Starmer’s warning of a “painful” first Budget “quite refreshing”.

The National (Scotland)

Experts: 'Uncertainty' for Holyrood funding with UK cuts 'adding to pressure'

THE Scottish Government faces "considerable uncertainty" around its funding ahead of the upcoming Westminster Budget, independent economic…

The National (Scotland)

Rachel Reeves admits she will raise taxes at the Budget

Rachel Reeves did not state what taxes would be raised at the Budget on 30 October

The Independent UK

Taxes will likely be raised in Autumn Budget – Rachel Reeves

TAXES will likely be raised in the Autumn Budget, Rachel Reeves has said ...

The National (Scotland)

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Dynamite News

"Lotus-shaped Chakravyuh has trapped India": LoP Rahul Gandhi on Union Budget

Drawing parallels from the Mahabharata, the Leader of Opposition, Rahul Gandhi, on Monday attacked the Bharatiya Janata Party over the Union Budget. Read further on Dynamite News:

The Canberra Times

Liberals, Greens agree: not enough in budget on cost of living

ACT budget dubbed a 'mixed bag' in early reaction.

The Guardian - UK

UK ‘fiscally offside’ by up to £60bn, Citi fears; house prices rise again – as it happened

Rolling coverage of the latest economic and financial news, as economist warns OBR productivity forecasts are much too optimistic

Evening Standard

Budget key points: What did Jeremy Hunt announce?

A National Insurance Cut and ‘British ISA’ were among the headline measures

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Evening Standard

OPINION - Tax cuts in the Budget are a gamble — but what else has Jeremy Hunt got in his locker?

Budgets resemble the old French saying about taxation — the aim is to produce the maximum amount of fiscal feathers from the goose with the minimum amount of hissing. However, hissing is what a disgruntled and reactive Conservative party does best right now and the public-finance goose is a skinny,…

The Hindu

In Karnataka, Congress on the defensive

The IED blast incident and the alleged ‘pro-Pakistan’ slogan case have set a narrative favourable to the BJP in Karnataka, while the Congress hopes to bring the focus back to its guarantees and ‘stepmotherly’ treatment of the Centre

Evening Standard

Nationwide becomes the latest mortgage lender to up home loan costs

More ‘doom and gloom’ for borrowers ahead of Chancellor Jeremy Hunt’s budget next week

The Hindu

Kannada language Bill gets Governor’s assent

The Kannada Language Comprehensive Development (Amendment) Bill, 2024, received the assent from Governor Thaawarchand Gehlot on Sunday. Following this, the new legislation was gazetted on Monday. The State legislature adopted the Bill during the ongoing Budget session.

The Hindu

Tamil Nadu’s Agri Budget: hits and misses

Critics feel that core issues haven’t received due attention in 2024 Tamil Nadu Agriculture Budget

The Hindu

Kerala Budget 2024-25: Promises aimed at maintaining continuity to initiatives aimed at changing perceptions on investment climate

Finance Minister K.N. Balagopal began his Budget speech painting a rosy picture of Kerala, which according to him is on the cusp of becoming a ‘sunrise’ economy with futuristic strides in technology, an exponential rise in demand and the resultant economic development.

The Hindu

Kerala Budget 2024 | Opposition Leader accuses Finance Minister of regurgitating old promises and papering over State’s dire economic situation

The Congress-led United Democratic Front (UDF) Opposition in Kerala has accused the Left Democratic Front (LDF) government of delivering a Budget that sought to paper over Kerala’s dire economic situation by regurgitating empty promises. Leader of the Opposition V.D. Satheesan termed Finance Minister K.N. Balagopal’s nearly two-hour Budget speech on…

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