85 m. ago Watch live: Rachel Reeves delivers budget speech in parliament with raft of tax hikes expected

Watch live as Rachel Reeves delivers her Budget speech on Wednesday (26 November).

Politics

1 week ago Treasury won’t cut threshold for higher rate income tax, say sources – UK politics live

Fallout continues over budget income tax U-turn, with Treasury saying expected fiscal gap has dropped to £20bnThis is from Helen Miller, director of the Institute for Fiscal Studies thinktank, on the market reaction to the chancellor’s reported budget U-turn.Investors will have 2 broad concerns about news that Chancellor won’t increase income tax rates1. Does it signal less willingness to do politically difficult thingsBritain’s long-term borrowing costs were sent soaring as reports suggested the latest U-turn would leave Rachel Reeves scrambling to fill a gaping black hole in the nation’s finances just two weeks before the 26 November budget.Yields on 30-year UK government bonds, also known as gilts, jumped as much as 14 basis points in early trading, and the yield on 10-year gilts also shot up 12 basis points – rising the most since July. Continue reading...

Politics

1 week ago Streeting says striking doctors ‘extremely irresponsible’ in angry phone

Health secretary unhappy as resident doctors in England have started a five-day strike todayThis is from Helen Miller, director of the Institute for Fiscal Studies thinktank, on the market reaction to the chancellor’s reported budget U-turn.Investors will have 2 broad concerns about news that Chancellor won’t increase income tax rates1. Does it signal less willingness to do politically difficult thingsBritain’s long-term borrowing costs were sent soaring as reports suggested the latest U-turn would leave Rachel Reeves scrambling to fill a gaping black hole in the nation’s finances just two weeks before the 26 November budget.Yields on 30-year UK government bonds, also known as gilts, jumped as much as 14 basis points in early trading, and the yield on 10-year gilts also shot up 12 basis points – rising the most since July. Continue reading...

Events

2 w. ago Income, pensions & property – how Rachel Reeves’ budget could hit Scots

IN a highly unusual pre Budget speech this week, Chancellor Rachel Reeves set the scene for painful tax rises. She warned that we “each must do our bit” — but what she really meant is “tax rises are on the way”. The most important thing from her speech was what she did NOT say, refusing...

Economics

3 w. ago I listened to Rachel Reeves, these are the six groups I believe are Budget tax targets: JEFF PRESTRIDGE

The pre-Budget speech by Chancellor Rachel Reeves was a scary listen, not in terms of what was said but the whopping elephant in the room.

Economics

3 w. ago Rachel Reeves was a wan prophet of perdition, honking like a faulty cyborg: QUENTIN LETTS

Few of us are at our best before breakfast but Rachel Reeves' early-morning speech was a horror show.

Politics

3 w. ago These are the six groups of people I believe the Chancellor is targeting: JEFF PRESTRIDGE

The pre-Budget speech by Chancellor Rachel Reeves was a scary listen, not in terms of what was said but the whopping elephant in the room.

Events

3 w. ago Rachel Reeves asked resignation question on LBC after Budget tax rises hint

In a rare pre-Budget speech earlier today, Chancellor Rachel Reeves refused to stand by Labour's election promise not to hike income tax, VAT, or national insurance

Economics

3 w. ago All the hidden clues Rachel Reeves was not as calm as she tried to portray during her surprise pre

The Chancellor took the highly unusual step of teeing up her fiscal package in Downing Street today where she ominously paved the way for her broad tax assault.

Politics

3 w. ago Susanna Reid and Lorraine Kelly mock Rachel Reeves for 'bonkers' Downing Street Budget speech

Rachel Reeves put Britain on notice for higher taxes saying ‘we will all have to contribute’ to the country’s economic future in a speech on Tuesday

Politics

3 w. ago Reeves puts country on notice for tax hikes as ‘each of us must do our bit’

In a pre-Budget speech, Rachel Reeves said: ‘If we are to build the future of Britain together, we will all have to contribute to that effort.’

Politics

3 w. ago Threat of income tax rise grows as Rachel Reeves gives clear sign she will break Labour manifesto pledge

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Events

3 w. ago Rachel Reeves speech latest: Chancellor has ‘no regrets’ if Labour breaks promise not to raise taxes in Budget

In recent weeks No 10 has repeatedly refused to re-commit to Labour’s manifesto pledges

Economics

3 w. ago QUENTIN LETTS: Reeves was a wan prophet of perdition honking like a malfunctioning cyborg

Few of us are at our best before breakfast but Rachel Reeves's early-morning speech was a horror show.

Politics

3 w. ago Rachel Reeves speech latest: Chancellor has ‘no regrets’ if Labour break promise not to raise taxes in Budget

In recent weeks No 10 has repeatedly refused to re-commit to Labour’s manifesto pledges

Economics

3 w. ago 'She genuinely doesn't know what to do': Brutal verdict on Rachel Reeves from Labour ministers as insiders tell DAN HODGES the truth about Chancellor's speech

Rachel Reeves has just finished delivering her major speech framing this month's Budget. And it can be summed up in six words: 'Nothing to do with me, guv.'

Politics

3 w. ago ITV sparks more fury as Good Morning Britain star refuses to wear poppy

Kevin Maguire joined Susanna Reid and Ed Balls to discuss the latest news, as Chancellor Rachel Reeves addressed the nation with a pre-Budget speech.

Politics

3 w. ago ITV sparks more fury as 'disgraceful' Good Morning Britain star refuses to wear poppy

Kevin Maguire joined Susanna Reid and Ed Balls to discuss the latest news, as Chancellor Rachel Reeves addressed the nation with a pre-Budget speech.

Politics

3 w. ago Rachel Reeves speech latest: Pound plummets as chancellor signals income tax hikes in Budget

Chancellor breaks cover to set out Budget priorities in unusual move

Economics

3 w. ago Rachel Reeves speech LIVE: Chancellor accused of 'waffle bomb' as she rolls ground for Budget tax rises

Rachel Reeves has said the Budget will focus on ‘getting inflation falling’ and ‘creating the conditions for interest rate cuts’

Economics