1 hour ago Martin Lewis' key 'wins' from Chancellor Rachel Reeves' Budget 2025

MoneySavingExpert (MSE) founder Martin Lewis has been among those to have delved into the announcement and what exactly its proposals mean in practice

Politics

20 h. ago Rachel Reeves accused of misleading voters over £20bn Budget black hole – live updates

The fiscal watchdog said the chancellor knew about its revised prediction well before she changed course to raise taxes

Economics

22 h. ago Rachel Reeves accused of ‘misleading’ UK over £20bn Budget black hole – live updates

The fiscal watchdog said the chancellor knew about its revised prediction well before she changed course to raise taxes

Economics

26 h. ago Rachel Reeves’ uncle blasts Budget as 'worst I’ve ever heard'

His comments come as the Chancellor is accused of breaking a Labour manifesto pledge amid £26billion of tax rises

Politics

31 h. ago NatWest issues 'important' call to customers after Rachel Reeves' Autumn Budget

NatWest has contacted its customers after Rachel Reeves delivered her 2025 Autumn Budget

Economics

45 h. ago Budget 2025 live: IFS warn Rachel Reeves she is ‘disincentivising growth’ after Starmer defends tax rises

Reeves admits Budget will mean working people will have to ‘contribute a bit more’ - but denies breaking manifesto pledge

Events

45 h. ago ‘You will be worse off’: Martin Lewis reveals what Rachel Reeves’s Budget will mean for your wallet

The chancellor unveiled £26 billion worth of tax hikes to close a large hole in the public finances

Politics

46 h. ago Tax calculator: Work out how Rachel Reeves’ Budget will affect your finances

Use our Budget calculator to determine whether Reeves’ package of measures will leave you better or worse off

Economics

47 h. ago Starmer says budget did not break manifesto tax pledge and scrapping two

PM says: ‘We kept to our manifesto in terms of what we’ve promised. But I accept the challenge that we’ve asked everybody to contribute’Ask the Guardian your budget questionsShare your views on the new ‘mansion tax’Budget calculator: find out if you are better or worse offThe Conservative party is attacking the budget on the grounds that Rachel Reeves is putting up taxes supposedly to fund more spending on benefit claimants. Even though the rationale for this claim is questionable, the Tories were making it before the budget was announced, and Kemi Badenoch firmed it up last night, claiming it was a “Benefits Street budget”.On LBC this morning, asked if the budget meant “alarm clock Britain paying for Benefits Street”, Reeves said she did not accept that. She said 60% of the families that would benefit from the removal of the two-child benefit cap (the most expensive welfare announcement in the budget) were in work.I don’t think children should be punished by this pernicious policy ...

Economics

47 h. ago Budget 2025 live: Starmer says ‘everyone must contribute’ as he defends Rachel Reeves’ tax rises

Reeves admits Budget will mean working people will have to ‘contribute a bit more’ - but denies breaking manifesto pledge

Economics

48 h. ago POLL OF THE DAY: Should Rachel Reeves apologise for raising taxes in the Budget despite promising not to?

Rachel Reeves has been berated for betraying her vows to working people as she insisted her monster £30billion Budget tax rise was the 'absolute minimum' possible.

Economics

49 h. ago Martin Lewis shares his '3 wins' from Chancellor Rachel Reeves' 2025 Budget

The money-saving expert outlined his thoughts on the Budget - including 'three wins'

Politics

49 h. ago Reeves should have included more tax reform in budget to help growth, IFS thinktank says – UK politics live

Institute for Fiscal Studies director says chancellors continue to ‘shy away from meaningful tax reform that could move the dial’Ask the Guardian your budget questionsShare your views on the new ‘mansion tax’ Budget calculator: find out if you are better or worse offThe Conservative party is attacking the budget on the grounds that Rachel Reeves is putting up taxes supposedly to fund more spending on benefit claimants. Even though the rationale for this claim is questionable, the Tories were making it before the budget was announced, and Kemi Badenoch firmed it up last night, claiming it was a “Benefits Street budget”.On LBC this morning, asked if the budget meant “alarm clock Britain paying for Benefits Street”, Reeves said she did not accept that. She said 60% of the families that would benefit from the removal of the two-child benefit cap (the most expensive welfare announcement in the budget) were in work.I don’t think children should be punished by this pernicious policy any lo...

Politics

50 h. ago Budget 2025 live: IFS accuses Rachel Reeves of breaking tax manifesto promise in damning Budget verdict

Reeves admits Budget will mean working people will have to ‘contribute a bit more’ - but denies breaking manifesto pledge

Economics

50 h. ago Reeves dismisses Tory claims of ‘Benefits Street budget’ – UK politics live

Chancellor says 60% of families that will be better off after the two-child limit is scrapped are in workAsk the Guardian your budget questionsBudget calculator: find out if you are better or worse offThe Conservative party is attacking the budget on the grounds that Rachel Reeves is putting up taxes supposedly to fund more spending on benefit claimants. Even though the rationale for this claim is questionable, the Tories were making it before the budget was announced, and Kemi Badenoch firmed it up last night, claiming it was a “Benefits Street budget”.On LBC this morning, asked if the budget meant “alarm clock Britain paying for Benefits Street”, Reeves said she did not accept that. She said 60% of the families that would benefit from the removal of the two-child benefit cap (the most expensive welfare announcement in the budget) were in work.I don’t think children should be punished by this pernicious policy any longer. And the cost to society of this is huge, the cost for counci...

Politics

51 h. ago Rachel Reeves 'told Sadiq Khan to 'get out of my office!' and kicked him out when London mayor demanded more cash for the capital'

Rachel Reeves allegedly kicked Sir Sadiq Khan out of her office in an extraordinary argument while he tried to negotiate more funding for London ahead of the Budget .

Politics

51 h. ago Budget 2025 live: OBR chief warns Rachel Reeves none of her measures boost growth as chancellor defends tax rises

Reeves admits Budget will mean working people will have to ‘contribute a bit more’ - but denies breaking manifesto pledge

Events

52 h. ago Budget 2025 live: Rachel Reeves admits ‘working people will pay more’ but denies breaking manifesto tax pledge

Tory leader Kemi Badenoch brands package of measures ‘a smorgasbord of misery’ and urges chancellor to resign

Economics

53 h. ago Budget 2025 use our gadget to work out how Rachel Reeves' plan hits your pocket

Analysis after the announcement shows income tax, benefits, pensions impact on normal families in UK

Economics

54 h. ago Rachel Reeves’s budget has inflamed, not calmed, Britain’s febrile mood | Martin Kettle

The chancellor’s statement will be remembered for the many taxes it raised, rather than the big one – income tax – it did notRachel Reeves’s chancellorship was already balanced on a knife-edge, even before the 2025 budget. After she delivered her second budget statement, it still is. Even more than usual, Wednesday’s speech was full of significant fiscal changes, altered spending commitments and adjusted economic forecasts, most of them accidentally (and, for journalists, conveniently) released a short while in advance by the obviously misnamed Office for Budget Responsibility. Politically, however, almost nothing has changed at all.Reeves arrived in the Treasury last year offering what she, like Keir Starmer, had promised as the Conservative years ebbed: competence, stability and, above all, a focus on economic growth. Her problem, despite her upbeat assessments, is that she has delivered none of them. Nothing about the 2025 budget guarantees any early change in that, however defia...

Politics