31 m. ago Autumn budget 2025: Live updates as Rachel Reeves insists tax hikes are 'fair and necessary' 

Follow the Daily Mail's liveblog for updates as Rachel Reeves delivers her Budget today and plans to raise taxes to fund handouts worth thousands of pounds to Britain's biggest jobless families.

Society

33 m. ago Budget 2025 LIVE: Chancellor Rachel Reeves to announce tax and spending plans in critical moment for Labour and UK economy

A ‘mansion tax’, income tax threshold freeze extension and pay-per-mile levy for electric vehicle drivers are among the measures the Chancellor is expected to announce today

Economics

92 m. ago Financial experts reveal whether increasing income tax or VAT will have ‘least damaging’ impact on economy

Economic analysis has revealed which tax rise will be the better option for the economy

Economics

1 hour ago Autumn Budget 2025: Live updates as Chancellor Rachel Reeves prepares to deliver Labour's money grab budget 

Follow the Daily Mail's live blog for updates as Rachel Reeves unveils her second budget today in a bid to fill a £35billion 'black hole' in Labour's finances.

Economics

1 hour ago Rachel Reeves has many problems. She’s realising that her Brexit bind may be the biggest of all | Rafael Behr

Brutal economic realities are prompting a shift in Labour’s tone on Europe. But will it dare tell the whole truth about Britain’s predicament? Rachel Reeves has approached this week’s budget like a reluctant swimmer inching into freezing water, trying to ease the unpleasantness by incremental exposure. The chancellor started paddling delicately around the problem of insufficient revenue at the end of the summer. First, she refused to stand by former insistence that tax rises in last year’s budget would be the last. “The world has changed,” she said.Then, earlier this month, she took a bigger stride into the icy waves. There was a speech promising to “do what is necessary” to fund public services and keep borrowing costs down. Downing Street did not discourage speculation that this meant reneging on Labour’s 2024 manifesto promise not to raise income tax. Too deep! Within 10 days the Treasury had retracted the hint. The manifesto commitment still stood after all. As any cold-water sw...

Politics

3 h. ago Rachel Reeves to announce UK Budget after weeks of speculation over tax rises

Reeves told Labour MPs the Budget was "a package, not a pick-and-mix. You can't say you like the cola bottles but you don't like the fruit salad".

Economics

7 h. ago Rachel Reeves makes 'fair' promise ahead of Budget despite tax rise fears

She has promised to push ahead and drive growth rather than lose control of public spending

Economics

8 h. ago Budget 2025 live: Rachel Reeves faces day of reckoning as she unveils billions in tax rises

Chancellor to unveil series of tax hikes to fill black hole in public finances in highly anticipated Budget on Wednesday

Economics

9 h. ago Reeves braced for major Budget clash with businesses over minimum wage and tax rises

The chancellor is set to use her Budget to pin Labour’s hopes on tackling the cost of living while balancing the books by targeting the wealthy

Economics

16 h. ago What is the ‘stealth’ rise in income tax and how will it affect me after the Budget?

The prime minister refused to rule out income tax thresholds being frozen – which could lead to people paying more

Economics

18 h. ago Budget 2025 latest: Sugar levy on milkshakes and lattes confirmed as first tax hike in Rachel Reeves’s Budget

Chancellor to unveil series of tax hikes to fill black hole in public finances in highly anticipated Budget on Wednesday

Economics

20 h. ago Budget 2025: Join live Q&A with Gabriel Nussbaum as he tackles everything from taxes to savings

How will the 2025 Budget affect your money? Personal finance expert Gabriel Nussbaum (aka That Money Guy) is here to answer your questions about the chancellor’s autumn Budget

Economics

20 h. ago Bank shares rise after reports they will be spared tax hike amid growth mission

Banks were thought to have been in the firing line through a potential increase to the bank levy.

Economics

23 h. ago Slash spending or risk bond market mayhem: Reeves warned lack of credible plan will spook investors

Fears are mounting Chancellor will rely on an array of tax rises rather than controls on public expenditure to make her numbers add up.

Events

31 h. ago UK economy is already reeling after months of Chancellor's chaos, economists warn as Rachel Reeves 'set to unveil series of badly designed tax rises' that will damage growth

Experts warned that months of speculation fuelled by Treasury leaks and the Chancellor herself has 'flatlined growth', with investors, consumers and homebuyers all delaying key decisions.

Events

36 h. ago Budget 2025 latest: Reeves drops mention of economic growth after dire forecasts ahead of Budget

Chancellor to unveil series of measures in highly anticipated Budget on Wednesday

Economics

43 h. ago Cabinet minister admits Labour’s tax rises have driven wealthy out of UK

It comes just days after the prime minister was urged to tackle a ‘dangerous brain drain’ that is harming the UK economy

Politics

43 h. ago Autumn Budget 2025: Live updates as Chancellor Rachel Reeves set to hit Londoners with tax rises

A ‘mansion tax’, income tax threshold freeze extension and pay-per-mile levy for electric vehicle drivers are among the measures the Chancellor is expected to announce

Economics

46 h. ago Budget 2025 latest: Rachel Reeves set to hit thousands of properties with new mansion tax

Chancellor to unveil series of measures in highly anticipated Budget on Wednesday

Economics

57 h. ago Warning 1.3m more people could pay higher income tax rate after Reeves Budget

Concerns over the impact of a ‘stealth tax’ have been highlighted as the chancellor confirms inflation busting rise in the state pension

Events