48 m. ago Rachel Reeves faces grilling over her 'spend now, pay later' Budget hitting millions with £26bn more in taxes

The Chancellor’s statement put Britain on course for a record tax burden as she hikes levies

Economics

52 m. ago Family to get £2,770 a month in benefits after Budget announcement

Rachel Reeves made the change in her statement on Wednesday

Economics

2 h. ago Rachel Reeves has badly failed to show mettle with the UK Budget

Rachel Reeves needed to be more upfront with the public - but she has failed, writes John McLaren

Events

2 h. ago Use our interactive calculator to work out how the Autumn Budget will affect you

Chancellor Rachel Reeves delivered her second Budget and laid out a series of tax rises as she aims to fill a black hole in the public finances

Economics

2 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

2 h. ago ‘Struggling to pay the bills’: Britons under pressure react to budget 2025

As they struggle with the cost of living, people weigh up whether Rachel Reeves’s measures will help themWhat the budget means for people on a range of incomesBudget calculator: find out if you are better or worse offFor Brett and Maria MacDonald, the cost of living has been biting this year, from rising mortgage payments to childcare fees. Living in London with two young children and no extended family nearby, the pair are juggling work with parenting. Continue reading...

Economics

3 h. ago Rachel Reeves made bold Budget spending commitments, better late than never

Record View says the Chancellor has done well to prop up public services as much as she has, while also increasing key benefits for those who need them most.

Economics

5 h. ago The strivers hit hardest: As Reeves' Budget clobbers workers, the Britons who say it's a 'kick in the teeth' and 'I wish I hadn't bought an EV'

The Chancellor bowed to Left-wing demands and shattered Labour's manifesto pledges on tax with a £13billion freeze on income tax and National Insurance thresholds lasting three years.

Economics

7 h. ago Burst in AI bubble could blow £26bn hole in Rachel Reeve's hopes of balancing the books

It was the first time the Office for Budget Responsibility has outlined how public finances could be affected if the rally in tech stocks sparked by the boom in artificial intelligence crashes.

Economics

8 h. ago Chancellor to face more questions after Budget overshadowed by major leak

The Chancellor’s decisions put Britain on course for a record tax burden as she hiked levies.

Politics

8 h. ago Autumn Budget 2025 recap: OBR boss apologises and promises probe after 'deeply disappointing' technical error saw Budget leaked early 

Follow the Daily Mail's recap as Rachel Reeves delivered her budget after the OBR apologised for 'deeply disappointing' error over Budget leak.

Economics

8 h. ago Stealth tax raid will see a MILLION more pensioners dragged into paying income tax

A million more pensioners will be dragged into paying income tax after Rachel Reeves confirmed she would extend the freeze on thresholds for another three years.

Economics

9 h. ago William Hill and 888 owner Evoke to slash thousands of jobs after £1.1bn budget raid on the gambling industry

Rachel Reeves raised remote gaming duty, levied on online casinos, from 21% to 40% from April. And she lifted the levy on online sports betting from 15% to 25%.

Economics

10 h. ago What does Britain think of the Budget? Brits weigh in on Reeves's raid and share their biggest worries

Electric vehicle owners, pub landlords and the average worker told the Daily Mail today they felt the hardest hit, while others said they were fed up of 'being taxed, taxed, taxed'.

Politics

10 h. ago Jeremy Corbyn slams Labour’s Budget as he issues tax warning

Jeremy Corbyn has accused Rachel Reeves of not going far enough to tax high earners in her Budget.

Events

11 h. ago Budget 2025 live: Rachel Reeves raises taxes to record high as economic growth forecast to weaken

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

Economics

12 h. ago 'Children should not suffer': Readers respond to Rachel Reeves scrapping two

Some have supported Rachel Reeves' change to the two-child benefit cap, while others claim it is "financial irresponsibility"

Politics

12 h. ago Rachel Reeves kicked Sadiq Khan out of office in major bust up over London funding

Rachel Reeves kicked Sadiq Khan out of office in major bust up over London funding  London Evening Standard

Politics

12 h. ago Budget ‘missed opportunity’ to tackle rising cost of living – O’Neill

Northern Ireland’s First Minister said instead of ‘real action’ to bring down bills, many will now face higher tax bills in the year ahead.

Economics

12 h. ago Martin Lewis reveals letter he was sent by Rachel Reeves after shock O2 price hike

Martin Lewis wrote to Chancellor Rachel Reeves as part of his campaign to clamp down on mid-contract price hikes on mobile phone bills after recent announcements by telecoms giants

Events