UK Treasury chief Rachel Reeves unveils budget with 40 billion pounds in tax hikes, says she'll “invest, invest, invest”

Watch: Budget choices are not easy but responsible, says Reeves

The UK's first female chancellor sums up her Budget speech claiming she has made the "right choices".

Rachel Reeves’ budget is like a long car journey, without a Fruit-tella in sight | Alison Phillips

Stopping to look ‘under the bonnet’ of the nation’s finances is all well and good, but how long does it take so see the engine’s knackered?. And still there’s another 10 days to go. After 15 bumpy ...

World - The Guardian - October 19

French Left’s Tax Hike Proposals ‘Unbearable,’ Premier Says

World - Yahoo News - October 20

Wealthy non-doms lobby UK for Italian-style tax regime

Push for Budget reforms to allow foreign residents to pay tiered charges amid fears of exodus of rich

Business - Financial Times - October 15

Rachel Reeves’ new rules

She learned this one simple trick… hopefully bond markets don’t HATE her

World - Financial Times - 6 days ago

Reeves Puts Bond Market Over UK Ministers in High-Risk Budget

World - Yahoo News - October 19

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 - 11 hours ago

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 - 5 hours ago

UK inflation falls below 2% for first time since 2021 in boost to Rachel Reeves

Surprise annual drop to 1.7% in September raises chance of interest rate cuts, increasing budget leeway. UK inflation surprise opens up wriggle room for lower rates and less painful budget ...

World - The Guardian - October 16

UK consumers in ‘a despondent mood’ ahead of the budget; pound on track for worst month in a year – business live

People holding ‘their breath’ to see what’s in store for them in Rachel Reeves’s first budget, reports GfK. Budget will reverse huge cuts in UK’s public investment, Reeves confirms Fewer ...

World - The Guardian - 5 days ago

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