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The Latest Breaking News from PA Graphics

Reeves to face scrutiny over Budget that raises taxes, borrowing and spending

The overall tax burden will reach a record 38.3% of gross domestic product (GDP) in 2027-28.

Evening Standard

Historical benchmarks and milestones in Rachel Reeves’ first Budget

Government investment is forecast to reach the highest sustained level since the 1970s.

The Independent UK

Reeves uses first Budget to hike taxes, increase borrowing and boost spending

Chancellor Rachel Reeves used Labour’s first budget since 2010 to put extra money into public services but sent taxes to a post-war high.

Evening Standard

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Firms ‘set to pass on most of higher tax costs to employees through lower wages’

The Office for Budget Responsibility said it assumes that firms will ‘pass on most but not all of their higher tax costs to employees’.

The Independent UK

Inflation and mortgage rates elevated by Chancellor’s spending plans, says OBR

Chancellor Rachel Reeves announced almost £70 billion of extra spending each year in her maiden budget.

The Independent UK

Chancellor: Budget gives Holyrood its largest ever real-terms funding settlement

Rachel Reeves said the Scottish Government will receive an additional £3.4 billion in 2025-26 due to her tax and spending decisions.

Evening Standard

The Budget: Winners and losers

Who are the winners and losers from the Budget?

Evening Standard

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UK economic growth upgraded this year amid ‘temporary boost’ from spending

The Office for Budget Responsibility has predicted that UK gross domestic product will grow by 1.1% in 2024.

Evening Standard

At a glance: How will the 2024 Autumn Budget affect me?

The main points from Chancellor Rachel Reeves’ Budget

The Independent UK

Taxes, borrowing and spending up in Rachel Reeves’ first Budget

Chancellor Rachel Reeves said she was ‘fixing the foundations of our economy’ but taxes will rise to their highest levels since the Second World War.

Evening Standard

At a glance: Key points from the 2024 Autumn Budget

Here are the main points from Chancellor Rachel Reeves’ Budget, the first by a Labour government since March 2010.

Evening Standard

Fuel duty frozen as Government maintains 5p cut

In her Budget speech to the Commons, Chancellor Rachel Reeves said this is a ‘substantial commitment’.

Evening Standard

Inflation set to stay above 2% for next four years, says OBR

The fiscal watchdog said inflation is expected to be 2.6% next year, significantly ahead of a previous prediction of 1.5%.

Evening Standard

Reeves increases taxes by £40bn to address ‘black hole’ in public finances

Chancellor Rachel Reeves will also increase investment as she promised to ‘fix the foundations’ of the economy.

The Independent UK

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Evening Standard

Reeves pledges ‘more pounds in people’s pockets’ after warnings of tough choices

The Chancellor’s Budget is expected to focus on fixing the NHS, growing the economy and making people feel better off.

Evening Standard

Minimum wage to rise 6.7% as Chancellor plots path to ‘genuine living wage’

Wages will rise for 3.5 million workers, but the Low Pay Commission warned businesses were beginning to struggle with large increases.

Evening Standard

Reeves: Budget will end ‘neglect’ of NHS but turnaround will take time

The Chancellor is expected to pump billions of pounds into the health service.

Evening Standard

Prison population dips 3% as inmates released early to cut overcrowding

there were 85,867 prisoners behind bars in England and Wales on Monday.

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The Independent UK

£2 bus fare cap to increase to £3 in Budget, Starmer announces

The increase will be announced at Rachel Reeves’ first Budget on Wednesday.

Evening Standard

Bus fare cap of £2 to increase to £3 in Budget, Starmer announces

The increase will be announced at Rachel Reeves’ first Budget on Wednesday.

The Independent UK

Fertility rate in England and Wales drops to new record low

The average age of mothers remained stable at 30.9, while fathers’ average age increased to 33.8.

The Independent UK

Lando Norris calls Max Verstappen’s driving ‘dangerous’ after title rivals clash

Verstappen received 20 seconds of penalties as Norris closed the gap in the title standings.

Evening Standard

UK woman aiming to be first to row solo from Europe to South America sets off

Zara Lachlan, 21, set off from Lagos in Portugal on Sunday morning.

Evening Standard

Man dies after migrant boat deflates in English Channel

The man, who was Indian and aged about 40, was in a boat which left from the town of Tardinghen in northern France, French authorities said.

The Independent UK

Migrant Channel crossings top 29,000 for year so far

More than 500 people made the journey on Thursday, Home Office figures show.

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