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The Latest Breaking News from Budget

State Pension at Risk as Rachel Reeves’ Tax Raid Targets Retirees in March

Rachel Reeves is in a tight spot ahead of her Spring Statement on 26 March, trying to fix the financial mess left by her disastrous autumn Budget.

The Fashion Central

Minister declines to rule out possibility of new taxes

The Chancellor will deliver a statement on March 26 in response to the latest forecasts from the Office for Budget Responsibility watchdog.

Evening Standard

Poundland put up for sale after sales slump in 'challenging' conditions for high street

Owner Pepco said Budget tax hikes have put extra pressure on the ailing chain

Evening Standard

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Reeves plans billions in benefits and other spending cuts

Treasury sources warn ‘world has changed’ since chancellor’s Budget as more cuts loom

The Independent UK

Chancellor plans sweeping welfare cuts amid tariffs warning, higher inflation and increasing borrowing costs

A minister has defended the proposals saying there is a ‘moral case’ for cutting Britain’s welfare bill

Evening Standard

‘Moral case’ to cut welfare bill, says minister as Reeves bids to balance books

The Chancellor looks set to curb welfare spending and the cost of the Civil Service in her spring statement.

Evening Standard

Trump Administration Calls For Program Mergers, 'Significant Reduction' In Federal Workforce

In a memo to agency heads, Budget Director Russell Vought and acting director of the Office of Personnel Management Charles Ezell described the federal government as "costly, inefficient, and deeply in debt."

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Income tax will have to rise, ex-Bank of England chief warns, as he blasts Reeves’ ‘irresponsible’ promises

Mervyn King says there is ‘no harm’ in raising the basic rate of income tax as he urged Rachel Reeves to act over ‘silly things’ said before the election

The Independent UK

Scottish Budget plans pass with Greens, Lib Dems and Alba support

THE Scottish Budget has passed its final Holyrood hurdle with the support of the Greens, Liberal Democrats and Alba, while Tories opposed and Labour…

The National (Scotland)

SNP Budget plans approved with Greens, Lib Dems and Alba support

Ministers highlighted record spending for the NHS and councils in the £63 billion budget settlement.

Evening Standard

'Populist playbook': Stephen Flynn pans Labour raid on foreign aid budget

KEIR Starmer has been accused of following the “populist playbook” by cutting foreign aid in order to increase defence spending ...

The National (Scotland)

What is in the Scottish Budget for 2025/26?

THE Scottish Budget for 2025/26 is set to clear its final hurdle at Holyrood today.

The National (Scotland)

Scottish Budget set to pass final hurdle – how to watch

The SNP’s Budget bill is set to clear its final parliamentary hurdle on Tuesday, as MSPs prepare for the Stage 3 vote on the tax and spending…

The National (Scotland)

Budget Bill set to clear final hurdle at Scottish Parliament

Holyrood is expected to pass the 2025-26 Budget plans when MSPs vote at the end of business on Tuesday.

Evening Standard

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Evening Standard

Brexit and Budget blamed for closure of two Petersham owned restaurants in Covent Garden

Decision was taken after months exploring options “in view of the significant cost challenges”

Roll Call

Senate GOP ready to advance slimmer budget blueprint - Roll Call

The Senate took its first procedural step Tuesday towards passage of a filibuster-proof border security, defense and energy package.

The Independent UK

UK politics live: Starmer warns UK faces ‘generational’ threat to security as PM to meet Trump in Washington

Sir Keir will fly to Washington next week to meet with US president Donald Trump

Roll Call

GOP budget framework gets over initial hurdle in House - Roll Call

The House Budget Committee approved a fiscal framework that inches Republicans closer to their prized “big, beautiful” reconciliation bill.

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Roll Call

House budget blueprint ready for close-up amid GOP 'angst' - Roll Call

Lawmakers made clear that the resolution will likely undergo rewrites at the Budget Committee as Republicans continue to seek consensus.

The Independent UK

One of Britain’s oldest department stores to close last shop

The retailer blamed the closure on forthcoming Budget tax and wage increases

Evening Standard

Historic department store firm Beales to close last remaining shop

The retailer blamed the closure on forthcoming Budget tax and wage increases.

Roll Call

House GOP preps all-in-one budget blueprint for committee vote - Roll Call

House Republicans are plowing ahead with a budget resolution markup on Thursday before the chamber’s scheduled one-week recess begins.

Evening Standard

Business hiring at its weakest since the pandemic following Budget tax raid on employers

Researchers warns there is unlikely to be any “significant improvement” in the near future

The Independent UK

UK politics live: Trump’s vice president backs Brexit voters in anti-immigration rant

It comes as Sir Keir Starmer said he will visit the US to meet with President Trump amid tensions between the two countries

The Independent UK

Millions to get £1,400 pay rise in April with inflation-busting boost

Workers of all ages can look forward to more money in their pockets

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