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Latest in Extra £1.7bn for Welsh government in UK Budget

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  • Extra £1.7bn for Welsh government in UK Budget

    Extra £1.7bn for Welsh government in UK Budget

    The chancellor also announces cash for coal tip safety and green hydrogen projects in Wales.
    Top stories - BBC News - October 30
  • Scotland to receive extra £3.4bn from UK Budget, says chancellor

    Scotland to receive extra £3.4bn from UK Budget, says chancellor

    Rachel Reeves has announced several measures that will directly affect Scotland.
    Top stories - BBC News - October 30

  • 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 - November 1

  • 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

  • Why state governments are tightening their budgets

    State governments in the U.S. must tighten budgets or take on more debt to manage declining revenues, long-standing liabilities and emerging risks.
    Business - CNBC - November 6

  • 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 - November 7

  • Navantia seeks extra £300mn from UK to rescue Harland & Wolff

    Defence group wants boost in Navy contract as it plans to buy Titanic shipbuilder out of administration
    World - Financial Times - November 5
  • Business and wealthy bear brunt of £40bn tax increases in UK Budget

    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 - November 1
  • Reeves embarks on Budget that will define Labour government

    Reeves embarks on Budget that will define Labour government

    Prime minister and chancellor aim to convey sense of joint purpose ahead of long-awaited fiscal event on Wednesday
    Business - Financial Times - October 28
  • UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

    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

  • 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

    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 Autumn Budget 2024: the chancellor’s speech in full

    Rachel Reeves’ statement to the House of Commons
    World - Financial Times - October 30

  • Did Labour mislead UK public ahead of Budget?

    Rachel Reeves’ tax-raising measures come after she pledged not to be a levy-hiking chancellor
    World - Financial Times - October 31

  • UK Labour’s Budget borrows big, taxes more

    Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowing
    World - Financial Times - October 31
  • Investors' reaction to Budget 'very different' to Truss, says Reeves's deputy

    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.
    Top stories - BBC News - November 1

  • UK house price growth slowed ahead of Budget

    Rise in prices of just 0.1% between September and October fails to hit forecasts
    World - Financial Times - November 1

  • What the UK Budget means for green growth

    Government’s fiscal statement spooked bond market but cheered green groups
    World - Financial Times - November 1

  • Live Budget special: How will the UK secure growth?

    The FT’s top commentators answer your questions about the Budget’s impact
    World - Financial Times - November 1

  • £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 - November 7
  • UK economy barely grows with Budget fears blamed

    UK economy barely grows with Budget fears blamed

    The chancellor says she is "not satisfied" by the latest growth figures, which were weaker than expected.
    Top stories - BBC News - November 15

  • UK government borrowing for October exceeds forecasts at £17.4bn

    Data highlights challenges facing chancellor Rachel Reeves
    World - Financial Times - 3 days ago

  • Britain's Labour government to deliver debut Budget this week, settling weeks of uncertainty

    U.K. Finance Minister Rachel Reeves will deliver the government's hotly awaited debut budget on Wednesday, putting to bed weeks of uncertainty over potential tax hikes and spending cuts.
    Business - CNBC - October 28
  • Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

    Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

    British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...
    World - ABC News - October 30
  • BBC World Service secures Budget bump in government funding

    BBC World Service secures Budget bump in government funding

    Executives warned that previous cuts left the UK struggling to counter a rise in Russian and Chinese propaganda
    Business - Financial Times - October 31

  • Le Pen threatens to bring down French government over budget dispute

    National Rally hardens tone against PM Michel Barnier, warning that hit to citizens’ purchasing power is ‘red line’
    World - Financial Times - 3 days ago

  • ‘The storm before the storm’: UK lawyers race to deal with deluge of Budget enquiries

    Proposed changes to inheritance and capital gains taxes have led to frenzy of client activity
    World - Financial Times - October 28
  • Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality

    Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality

    British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environment
    World - ABC News - October 28

  • FirstFT: Harris calls on America to ‘turn the page’ on Trump

    Also in today’s newsletter, Ukraine and Russia hold secret talks, while Alphabet and Reddit shares rise after results
    World - Financial Times - October 30
  • UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds

    UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds

    Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.
    Business - The New York Times - October 30
  • The UK Budget in five charts: Reeves limits BoE space for rate cuts

    The UK Budget in five charts: Reeves limits BoE space for rate cuts

    Central bank is nevertheless still likely to ease policy this year and next
    Business - Financial Times - October 30
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