39 m. 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

52 m. 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

57 m. ago DWP payment increases in full after PIP, UC and benefit Budget changes

Rachel Reeves announced £15 billion in benefits spending at Wednesday's Budget with increased payments for those receiving Universal Credit, PIP and child benefits

Economics

58 m. ago The expert guide to protecting your pension, retirement, property and savings from Labour's grasp. This Is Money guru Simon Lambert answers your Budget questions in our LIVE Q&A

Simon Lambert will be answering all of YOUR questions at 4pm on Thursday after Rachel Reeves announced the autumn budget.

Economics

78 m. ago Two farmers arrested and tractor seized by police at Westminster protest over Rachel Reeves' budget

Farmers from across the UK descended on central London yesterday to demonstrate against Rachel Reeves's plans on controversial UK inheritance tax reforms.

Events

98 m. 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

99 m. ago BBC's top presenter Amol Rajan forced to issue apology over 'benefit scroungers' comment

Amol Rajan has been a presenter on the Today programme since 2021 and today was discussing Rachel Reeves' budget, which was announced yesterday

Politics

1 hour ago Did Rachel Reeves break her manifesto pledge on tax? Her own words suggest she did

The chancellor is using semantics to argue she has not broken her pledge – which will be of little comfort to those whose income tax bill will soar, writes David Maddox

Politics

1 hour ago What does a 'mansion' look like in London? £2m homes that will be liable for Reeves' surcharge from 2028

Under Rachel Reeves’ new “mansion tax”, owners of properties worth more than £2 million will need to pay an annual surcharge on their homes. But what does a £2 million property look like in London today?

Economics

2 h. ago Watch: Reeves stumbles as she’s confronted over broken Labour manifesto promises

Susanna Reid left Rachel Reeves flustered after questioning her on accusations she broke Labour’s manifesto promises in the Budget.

Politics

2 h. ago How Rachel Reeves' Budget is killing the Scotch whisky golden goose

It seems inevitable that we will see more Scotch whisky companies close their doors over the next year

Events

2 h. ago US banks announce UK expansion in ‘commitment’ to economy post

The fresh commitments to their businesses in the UK come a day after the autumn Budget statement.

Economics

2 h. ago Martin Lewis shares three 'wins' among a 'lot of losses' from the Budget 2025

Money expert Martin Lewis breaks down Rachel Reeves' Budget moves affecting ISA savings, energy bills and telecom prices

Economics

2 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

2 h. ago All UK homes that will be hit hardest by new £7,500 tax hike

Rachel Reeves confirmed that many homes across the UK will be hit by new charges by the end of the year

Economics

2 h. ago Rachel Reeves rules out independence vote even if SNP wins Holyrood majority

Scottish Finance Secretary Shona Robison said the Chancellor had shown an ‘astonishing level of arrogance’ with the comment.

Politics

2 h. ago Rachel Reeves insists tax on working people kept at ‘absolute minimum’ at Budget

The Chancellor struck a defiant tone, saying: ‘You’re not going to write my obituary,’ a day after her statement.

Economics

2 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

2 h. ago OBR boss says he will RESIGN if he loses Chancellor's confidence over Budget leak fiasco

Richard Hughes said he was 'personally mortified' after the OBR's Budget assessment was made public before Rachel Reeves addressed the Commons.

Economics

3 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