£500mn and counting: companies reckon with UK Budget costs

Sainsbury’s, BT and Wetherspoons among those warning that changes may force price rises for customers

World - Financial Times - 7 hours ago

Companies curb UK advertising spending ahead of the Budget

Marketing budgets fail to grow for the first time in 14 quarters, trade body finds

Business - Financial Times - October 16

Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy

Treasury secretary speaks out to reassure the markets after a rise in the cost of government borrowing.

UK to slash overseas aid in Budget as asylum seeker costs rise

International development organisations warn country’s contribution could slump to its lowest level in 17 years

Business - Financial Times - October 22

UK borrowing costs hit highest level this year as gilt sell-off intensifies

Bond markets unnerved by scale of extra borrowing in chancellor Rachel Reeves’ Budget

Business - Financial Times - October 31

Surge in UK borrowing costs is not a repeat of the 'mini-budget' crisis, economists say

"It isn't anything like we saw with the Trussonomics mini-budget when that spike really was high after those unfunded tax cuts came in," one analyst said.

Business - CNBC - 6 days ago

JD Wetherspoon warns of near-£60mn jump in taxes and costs following UK Budget

Pub chain says rise from higher taxes and NI contributions will fuel inflation

World - Financial Times - Yesterday

BT says UK Budget will lift costs by £100mn as it lowers revenue guidance

Chief executive Allison Kirkby calls increase a ‘new inflationary pressure that we need to suffer in our business’

World - Financial Times - 13 hours ago

Mubadala and KKR among groups that have held talks with UK data firm 9fin

Investment valuing market information provider at about $500mn would be the sector’s latest high-profile deal

Business - Financial Times - 6 days ago

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s

Business - Financial Times - October 30

FirstFT: US consumers continue to spend, spend, spend

Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election result

World - Financial Times - October 31

UK borrowing costs soar day after Labour government unveiled tax-raising budget

U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.

Business - CNBC - October 31

UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely. . UK government borrowing costs have risen to their highest level ...

World - The Guardian - October 31

UK borrowing rises ahead of Budget

Official data shows borrowing - the difference between spending and tax take - reached £16.6bn last month.

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - October 30

UK Budget spooks bond markets

UK borrowing costs hit the highest level this year after Budget announcements sink in

World - Financial Times - 6 days ago

Arsenal left counting cost of naivety against Bournemouth, says Declan Rice

Arteta’s side lose first game of season at Bournemouth Suspended Saliba to miss showdown with Liverpool Declan Rice said Arsenal’s “naivety” cost them dearly as they sank to a first defeat of ...

World - The Guardian - October 19

Pubs hammered by ‘staggering extra costs’ from Budget

Shares in groups including JD Wetherspoon and Marston’s hit following national insurance and minimum wage increases

World - Financial Times - 6 days ago

Don’t bet on a taxing outcome for UK gambling companies

Fears that money would flow from the regulated sector has long deterred action against the industry

Business - Financial Times - October 14

Why the cost of insurance is driving UK motorists to distraction

This multi-faceted problem is not for the industry alone

World - Financial Times - October 19

UK government to launch HS2 review as costs spiral

Transport secretary Louise Haigh says delivery of rail link project has been ‘dire’

Business - Financial Times - October 20

Why are university tuition fees going up?

Tuition fees in England are to rise for the first time in eight years, to help universities.

The Budget Game: Can you do better than Rachel Reeves?

Step into the chancellor’s shoes and devise your fiscal plan

Business - Financial Times - October 15

The unexamined big question around the UK Budget

Ignore the details of how Labour will raise taxes, spending and borrowing, and ask instead how much

World - Financial Times - October 24

UK consumer and business confidence weaken ahead of Budget

Indices hit lowest levels this year as Britons ‘hold their breath’ for tax rises on October 30

Business - Financial Times - October 24

The unfair hole in next week’s UK Budget

Why will council tax remain decades out of date?

Business - Financial Times - October 25

Cash Isas popularity surges ahead of UK Budget

Investors shift into tax-sheltered accounts given uncertainty of Labour proposals

World - Financial Times - October 25

Chancellor to announce five new UK freeports in the Budget

Labour to expand tax-free import scheme in a bid to boost economic growth across the country

Business - Financial Times - October 25

UK’s long-awaited Budget Day arrives

Plus, tech, pharma and oil lead the earnings run, Bank of Japan makes a rate call and Britain’s opposition party picks a new leader

World - Financial Times - October 27

UK Budget: What to Know Before Labour’s Announcement

The new Labour Party government said it had inherited a challenging financial position and warned of tax increases and spending cuts when it reveals its budget this week.

Top stories - The New York Times - October 28

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

Extra £1.7bn for Welsh government in UK Budget

The chancellor also announces cash for coal tip safety and green hydrogen projects in Wales.

Latest in £500mn and counting: companies reckon with UK Budget costs