23 m. ago Good Morning Britain viewers fume over 'unacceptable' Rachel Reeves interview

The Chancellor of the Exchequer, Rachel Reeves, stopped by Good Morning Britain this morning to discuss yesterday's 2025 Budget - however, some viewers weren't happy

Politics

50 m. ago 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

3 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

6 h. ago ANDREW NEIL: This is a watershed moment in our economic history that will consign Britain to a Lost Decade

In the end it was the old-fashioned Labour tax-and-spend Budget. But it was even worse marked a new era for Britain in which taxes and public spending remain permanently elevated.

Economics

9 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

11 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

17 h. ago 'There's no reason to start a business in Britain': Budget delivers another hammer blow for small firms

The Chancellor said she wanted to grow the economy, but founders say the Budget is unlikely to encourage entrepreneurship.

Economics

22 h. 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

23 h. ago Heated Good Morning Britain budget chat interrupted as breaking news stirs up 'awful memories'

A discussion about the budget was rapidly descending into an argument when Susanna Reid was forced to interrupt Good Morning Britain to reveal some devastating news

Politics

25 h. ago Big tax or bust: Reeves admits Britain is 'angry' as she braces to smash vows to 'working people' and ramp up benefits in Budget TODAY

Chancellor Rachel Reeves is gearing up to impose another scorching round of tax hikes in her big set-piece at 12.30pm as she desperately tries to fill a black hole in the finances.

Economics

26 h. ago Rachel Reeves' secret talent, adorable childhood pic and family life

Rachel Reeves, Britain's first ever female Chancellor, will present Labour's second Budget of the parliament at the despatch box on November 26 - here's a rundown on who she is

Society

27 h. ago Rachel Reeves has many problems. She’s realising that her Brexit bind may be the biggest of all | Rafael Behr

Brutal economic realities are prompting a shift in Labour’s tone on Europe. But will it dare tell the whole truth about Britain’s predicament? Rachel Reeves has approached this week’s budget like a reluctant swimmer inching into freezing water, trying to ease the unpleasantness by incremental exposure. The chancellor started paddling delicately around the problem of insufficient revenue at the end of the summer. First, she refused to stand by former insistence that tax rises in last year’s budget would be the last. “The world has changed,” she said.Then, earlier this month, she took a bigger stride into the icy waves. There was a speech promising to “do what is necessary” to fund public services and keep borrowing costs down. Downing Street did not discourage speculation that this meant reneging on Labour’s 2024 manifesto promise not to raise income tax. Too deep! Within 10 days the Treasury had retracted the hint. The manifesto commitment still stood after all. As any cold-water sw...

Politics

47 h. ago GB gambling industry makes £16.8bn in year to March – up 7.3%

The Gambling Commission said the latest annual industry statistics showed the rise was largely driven by online gambling.

Economics

52 h. ago Britain’s Budget woes illustrate the threat to Europe’s social contract

Many governments have not come clean with voters about the growing fiscal strains on the welfare state

Events

55 h. ago The PM's at 6s and 7s... A day before his Chancellor batters Britain with her nightmare Budget, grinning Starmer does viral 6

The grinning Prime Minister executed the 6-7 trend alongside pupils at Welland Academy as he visited to meet youngsters who receive free meals.

Politics

59 h. ago Fury at 5m Brits paid NOT to work – as Reeves’s Budget will make 10m pensioners pay income tax

FIVE million people are now on benefits with no requirement to work — as Rachel Reeves gets ready to hike taxes to pay for even more welfare spending. The revelation ahead of tomorrow’s Budget sparked claims that Britain is in the grips of a welfare “crisis”. While benefits spiral, it emerged 10 million pensioners could...

Economics

67 h. ago People are leaving Britain in droves, we face a 'growth emergency' and Labour's tax bonanza IS driving wealth out of Britain, admits Business Secretary

Business Secretary Peter Kyle said he would not 'duck' the impact of the higher tax burden and decision to abolish non-dom status.

Economics

2 d. ago Cabinet minister admits Labour's tax bonanza IS driving wealth out of Britain

Business Secretary Peter Kyle said he would not 'duck' the impact of the higher tax burden and decision to abolish non-dom status.

Politics

3 d. ago Steel billionaire reportedly latest to leave UK ahead of proposed tax squeeze on ultra

Move marks the latest high-profile departure amid fears Rachel Reeves’s budget will drive Britain’s wealth overseas

Economics

3 d. ago Rachel Reeves 'can't tax her way to growth', warns head of CBI as Chancellor set to raise taxes to highest level in modern history

In a last-ditch plea ahead of Wednesday's Budget, the head of Britain's biggest business group will warn the Chancellor: 'You will never be able to tax your way to growth.'

Events