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The Latest Breaking News from Budget

Millionaires urge Reeves to raise £14bn from capital gains tax changes at Budget

Government analysis has previously all but ruled out the measures

The Independent UK

The £40bn question: How will Rachel Reeves balance the books?

Chancellor boosted by a surprise drop in inflation after the cabinet is warned she may need to find £40bn in taxes and borrowing in her Budget, dwarfing previous estimates of the fiscal ‘black hole’

The Independent UK

Does the drop in inflation mean things are going to get better?

As the CPI shows a fall in the overall rate at which prices are rising, Sean O’Grady looks at what it might mean for those of us hoping for an improvement in our everyday finances – and for the chancellor, too, as she prepares to announce her first Budget in…

The Independent UK

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Scottish Government hits out as Ofcom lets Channel 4 focus budget in England

THE Scottish and Welsh governments have spoken out against Ofcom’s decision to allow Channel 4 to disproportionately focus its budget in England…

The National (Scotland)

Rachel Reeves 'rolling pitch for big tax rises' in Budget with £40billion plan briefing, says top economist

IFS director Paul Johnson believes Labour will break its election manifesto on tax

Evening Standard

OPINION - Keir Starmer's prosperity plan for Britain is lacking some vital ingredients

Labour has read its John Maynard Keynes. It unleashed the “animal spirits” of a possible economic bounceback at its first investment summit yesterday, with an upbeat Keir Starmer pledging to “improve Britain’s brand” and promising a land of opportunity for global investors — and some “heritage Yookay“ experience thrown in…

Evening Standard

Why are mortgage rates rising and when could they fall again?

The Bank of England is still expected to cut its headline lending rate from 5% to 4.75% when its Monetary Policy Committee meets in November

Evening Standard

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Tax row: Will Rachel Reeves break Labour manifesto by raising National Insurance on employers in the Budget?

The jury seems to be out on this key question on Labour’s economic policy

Evening Standard

Capital gains tax will not hit 39%, says Treasury minister - but he won’t rule out rise in October Budget

National Insurance for employers also appears set to increase in the Budget on October 30

Evening Standard

Rachel Reeves boosts big business as she caps corporation tax at 25% and woos investment in Britain

Fourth big tax freeze as chancellor makes bold offer to attract top global firms to UK

The Independent UK

How to make sure the budget secures the investment Britain needs

Prime Minister Keir Starmer has promised to “rip out the bureaucracy that blocks investment” in the UK. He was speaking at his government’s first international investment summit, an attempt to encourage the finance and business worlds to put more money into the country.

The Conversation

Inflation-busting council tax rises of 5% may be in Rachel Reeves Budget, top economists warn

They also say that increasing employer National Insurance would be a ‘clear breach’ of Labour’s manifesto

Evening Standard

Row over claims Rachel Reeves could hike capital gains tax as high as 39%

Chancellor has dismissed Budget speculation but fears are rising over a massive tax hike to fill a £25bn black hole in her plans

The Independent UK

Rachel Reeves warned up to £25bn of tax rises needed to avoid austerity

Rachel Reeves’ first budget could be ‘the most consequential since at least 2010’, the IFS said

The Independent UK

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The National (Scotland)

SNP urge Chancellor to deliver £1.6bn in extra funding for Scotland’s NHS

THE Chancellor is being urged to deliver a funding boost of at least £16 billion to the NHS in this year’s budget in a move the SNP says would…

Evening Standard

Keir Starmer dodges questions on rumoured National Insurance increases in Budget

The Prime Minister did not answer whether his pre-election promise not to raise the tax applied to both employee and employer National Insurance payments

The Independent UK

How Rachel Reeves might unlock £57 billion at the budget with a ‘simple’ fiscal rule change

Experts have urged the chancellor to consider tweaking a Labour manifesto pledge

Evening Standard

OPINION - Rachel Reeves's Budget dilemma just got harder

The financial markets show their teeth

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Evening Standard

Number of house sales being agreed is 25 per cent higher than a year ago, says Zoopla

Homeowners are looking to move as mortgage rates fall and some second home owners may also be selling up amid concerns over tax changes, Zoopla said.

The Independent UK

Number of house sales being agreed is 25% higher than a year ago, says Zoopla

Homeowners are looking to move as mortgage rates fall and some second home owners may also be selling up amid concerns over tax changes, Zoopla said.

The National (Scotland)

Irish government unveils new cost of living payments and benefits boosts in budget

THE Irish government has boosted benefits and pensions while giving new parents one-off lump sums of support in a budget ministers said was focused…

Radio France Internationale

France to consider corporate tax increase to lower budget deficit

France's new Prime Minister Michel Barnier is reportedly considering a one-off increase in corporate tax on the country's biggest companies, as the government faces a deadline on Tuesday to present a budget for 2025, which must address a spiraling deficit.

The Independent UK

Housing market ‘is reviving’ amid growth in house prices and mortgage approvals

Figures released on Monday showed a two-year high in annual house price growth and mortgage approvals for house purchase.

The National (Scotland)

Five big money changes coming in October, from energy bills to the Budget

These are the major changes coming in October you need to be aware of.

The Independent UK

Rachel Reeves could scrap non-dom tax raid, reports suggest

Officials suggest the government could ditch the manifesto plan if the numbers don’t add up

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