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The Latest Breaking News from Budget

Don’t worry, Rachel Reeves – you’re not the only one with embarrassing relatives

IN FOCUS: Rachel Reeves’ Budget week from hell has just got worse, as her own uncle Terry has publicly criticised her policies. But she’s far from the only public figure with an embarrassingly vocal family member, as Katie Rosseinsky discovers

The Independent UK

Reeves defends Budget tax and spending choices as ‘fair and necessary’

The Chancellor she had made choices to increase taxes and improve public infrastructure, and had ‘chosen to protect public spending’.

Evening Standard

No 10 denies Reeves 'lied to public about £21bn black hole' before budget

Conservative leader Kemi Badenoch claimed the Chancellor ‘lied to the public’ and was ‘bribing Labour MPs to save her own skin’

Evening Standard

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Starmer’s employment rights U-turn is a sharp move few will cheer him for

THE INDEPENDENT VIEW: Editorial: The six-month qualifying period for protection from unfair dismissal is a step in the right direction, which should have been taken long ago – but this dangerous habit of breaking manifesto pledges is compounding a crisis of trust in politics

The Independent UK

Your Party or Our Party: Your Party reveals new name options after months of indecision

Members of the fledgling party will be able to vote between the four options

The Independent UK

Asda recovery ‘set back six months’ by botched IT upgrade

Disruption from the IT transition led to ‘inconsistent availability levels across stores and particularly online’, the supermarket chain said.

Evening Standard

Fury as London pubs, hotels, and shops hammered by business rates soaring by tens of thousands of pounds

Premier Inn expects its business rate bill to go up by between £40 million and £50 million a year

Evening Standard

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Frasers to give glimpse into retail conditions after ‘challenging’ year

The retail group, which owns brands including Sports Direct and House of Fraser, will publish its half-year financial results on Thursday.

Evening Standard

No 10 denies Reeves misled over black hole as OBR letter challenges warnings

The Chancellor was told in October by the Budget watchdog that her spending plans would no longer incur a black hole.

The Independent UK

No 10 denies Reeves misled public over the UK's finances ahead of Budget

Conservative leader Kemi Badenoch claimed the Chancellor had ‘lied to the public’ and should be sacked

Evening Standard

Reeves vows state pensioners won’t have to pay tax despite alarm over Budget changes

Chancellor says Treasury won’t go after ‘tiny amounts of money’ and pledges they won’t pay any tax in this parliament

The Independent UK

The Budget’s stealth tax phenomenon and how much it will cost you

Even when taxes don’t rise, your payments might as a result of what’s called fiscal drag

The Independent UK

Budget questions answered: Money expert Gabriel Nussbaum on pensions, ISAs and what it means for you

ASK ME ANYTHING: Financial expert Gabriel Nussbaum (aka That Money Guy) answers your questions on the Budget’s pension changes, ISA limits, family support, and what the announcements mean for your finances

The Independent UK

ICC judges to rule on provisional release of former Philippine President Rodrigo Duterte

Former Philippine President Rodrigo Duterte could be released from detention at the International Criminal Court on Friday

The Independent UK

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Evening Standard

Property market 'will bounce back into the new year' after London house prices drop

Zoopla said home buyers and sellers will ‘welcome the end of the uncertainty that has stalled housing market activity.’

The Independent UK

Housing market ‘will bounce back into the new year after Budget uncertainty’

Zoopla said home buyers and sellers will ‘welcome the end of the uncertainty that has stalled housing market activity.’

Evening Standard

Two-child benefit cap a ‘failed social experiment’ that had to go, PM says

Ditching the cap will cost about £3 billion by the end of this Parliament, according to the Office for Budget Responsibility.

The Independent UK

Starmer calls two-child benefit cap a ‘failed social experiment’ that had to go

Scrapping the benefit cap will cost around £3 billion by the end of this Parliament, according to the OBR

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The Independent UK

Is this the ‘change’ that Britain voted for?

THE INDEPENDENT VIEW: Editorial: Now that the dust has settled on the Budget, it becomes clearer that this government’s priorities are out of line with the national interest, insulting to many and corrosive to the public’s threadbare trust in politicians’ ability to deliver on promises

The Independent UK

Martin Lewis issues state pension warning after Budget

Martin Lewis has issued a key state pension update during his Budget special on Thursday, 27 November.

The Independent UK

‘Mortified’ OBR chief prepared to resign if Reeves loses confidence in him over Budget leak

Richard Hughes has written to the Chancellor and Commons Treasury Committee chair Dame Meg Hillier to apologise for the incident

Evening Standard

Race hate crime numbers in NI third highest on record

The figures relate to the 12 months from October 1 2024 to September 30 2025 and cover anti-immigration riots.

The Independent UK

Starmer forced to deny breaking Labour manifesto as experts sound dire warning over Budget plans

Damning assessment came as chancellor and prime minister forced to defend plans and insist they did not breach manifesto promises

Evening Standard

UK mid-caps outperform in calm post-Budget trade

‘UK assets continue to hold up well in the wake of the Budget,’ said IG analyst Chris Beauchamp.

Evening Standard

A shackled economy, no long-term vision for growth — and no help for London

Once again the capital did not get a single mention in the Chancellor’s speech

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