25 m. ago Autumn Budget 2025 live: Labour to introduce new mileage tax on electric and plug

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.

Economics

25 m. ago Budget 2025 live: Income tax thresholds to be frozen for three years in budget, OBR leak indicates

Forecasts from the Office for Budget Responsibility were accidentally published before Rachel Reeves gives her statementUK borrowing costs fall after early release of budget forecasts – business liveCould you do better than Reeves? Play our gamePaul Nowak, the TUC general secretary, has rejected the concerns raised by the Resolution Foundation (see 9.54am) about the rise in the minimum wage rates. Asked about the thinktank’s comments, Nowak told Times Radio:I don’t accept those concerns ...First of all, that recommendation is based on the Low Pay Commission, which brings together employers, unions, independent experts, they’re tasked with making a recommendation on the minimum wage, which balances getting money into people’s pockets and the impact on unemployment. Continue reading...

Economics

27 m. ago Budget 2025 live: OBR error reveals Rachel Reeves’ full tax plans just minutes before speech

Chancellor to unveil series of tax hikes to fill black hole in public finances in addition to ditching two-child benefit cap and changes to ISAs

Economics

28 m. ago Huge pension salary sacrifice change confirmed in Rachel Reeves' Budget

Rachel Reeves will use her Budget to confirm a new £2,000 yearly cap on how much money can save into your pension through salary sacrifice schemes

Economics

30 m. ago Damned by her own words: All the promises Rachel Reeves made on tax as Chancellor breaks them in Budget hammering working people by an extra £26BILLION

The news emerged even before the Chancellor was on her feet as the Office for Budget Responsibility (OBR) incredibly published its analysis of the fiscal programme early by mistake.

Economics

30 m. ago Budget 2025: full details of Rachel Reeves tax and spending plans leaked

The incredible blunder came half an hour before the Chancellor was set to stand up.

Economics

33 m. ago Budget 2025 LIVE: Early release fiasco reveals income tax thresholds frozen for another THREE years in £26billion tax raid

Office for Budget Responsibility increases its forecast for economic growth this year from 1% to 1.5% but downgraded its forecasts for the following four years

Economics

33 m. ago Rachel Reeves handed phone as major budget details LEAK minutes before speech

This is a breaking news story and is being constantly updated by our reporters as the breaking news story develops

Politics

33 m. ago Financial markets in turmoil as Budget leak fiasco sends pound and gilts on rollercoaster ride

The pound and UK bonds swung wildly after a key Budget document was leaked ahead of Chancellor Rachel Reeves' speech.

Economics

34 m. ago UK Budget LIVE: OBR forecast leaked early in error as Scotland impact revealed

The UK Budget is set to be defining for Sir Keir Starmer and his Chancellor Rachel Reeves - but just how will it be received?

Politics

36 m. ago Live: Tax hiked and growth downgraded as Budget details released early

Ms Reeves is widely expected to pull the lever on tax hikes in order to fill a black hole in the public finances as she delivers her second budget.

Economics

40 m. ago Tax hiked and growth downgraded as details of Budget released early

The OBR confirmed Rachel Reeves’ Budget ‘raises taxes by amounts rising to £26 billion in 2029-30’.

Economics

41 m. ago Farmers are arrested by police and led away in handcuffs as they defy Westminster tractor ban to protest over Rachel Reeves' budget

Agriculturists were banned from bringing their tractors amid protest plans against controversial UK inheritance tax reforms, known as 'family farm tax' ahead of Rachel Reeves' Budget,

Events

48 m. ago Major Budget details leaked BEFORE Rachel Reeves announces them

The Budget watchdog has accidentally released its major documents on the Budget before Rachel Reeves has delivered it to the Commons. We'll be bringing you the latest updates on this Breaking Politics News story.

Politics

83 m. ago Budget 2025 live: Rachel Reeves appears with iconic red Budget briefcase ahead of unveiling tax rises and cuts

Chancellor to unveil series of tax hikes to fill black hole in public finances in addition to ditching two-child benefit cap and changes to ISAs in highly anticipated Budget on Wednesday

Economics

84 m. ago Red alert! Reeves heads for Commons as she braces to smash tax vows and ramp up benefits in Budget despite admitting Britain is 'angry'

Chancellor Rachel Reeves brandished her red box outside 11 Downing Street as she gears up to impose another scorching round of tax hikes in her big set-piece at 12.30pm.

Economics

92 m. ago Rachel Reeves mocked in fake 'Grand Theft Austerity' AI video game

The parody video depicts the AI chancellor beating up people, and even pigeons, to steal their coins and ‘feel the thrill of fiscal responsibility’

Politics

97 m. ago UK Budget LIVE: Scotland braces for impact as tax rises expected from Chancellor Rachel Reeves

The UK Budget is set to be defining for Sir Keir Starmer and his Chancellor Rachel Reeves - but just how will it be received?

Economics

98 m. ago UK Budget: Labour to water down North Sea oil and gas licensing ban vow with 'tie backs' compromise

Labour vowed to end all new oil and gas licences in a flagship manifesto commitment

Politics

1 hour ago Autumn Budget 2025 LIVE as Rachel Reeves set to announce major tax and spending changes

The Chancellor will finally reveal her plans after months of speculation

Economics