Latest in UK’s long awaited Budget Day arrives
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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 -
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 -
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 nextBusiness - Financial Times - October 30 -
Budget boost to UK economy forecast to fade after two years
The government's official forecaster raises its prediction for UK growth in 2024 and 2025 but reduces it for later years.Top stories - BBC News - October 30 -
UK hits wealthy with raids on non-doms, private equity and estates
Chancellor pressed ahead with contentious changes to offshore trusts used by rich foreignersBusiness - Financial Times - October 30 -
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’ BudgetBusiness - Financial Times - October 31 -
Budget poses new challenge for UK public finances, Moody’s warns
Assessment from rating agency comes as gilts steady after sell-off sparked by scale of extra borrowingBusiness - Financial Times - November 1 -
Charities, universities and GPs warn NI tax rise will hit jobs and services
Funding boost will be wiped out by cost of meeting higher employer levy, say contracted service providers and education bodiesBusiness - Financial Times - November 1 -
Rachel Reeves defiant after historic tax and spend Budget
Verdict of markets will be critical for UK chancellor’s plans to increase government borrowingBusiness - Financial Times - November 1 -
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 - November 1 -
Watch live: how will the UK secure growth after the Budget?
FT journalists answer subscribers’ questions from 13:00-14:00 GMT on the impact of Labour’s tax and spending plansBusiness - Financial Times - November 1 -
Investors warn of lasting ‘risk premium’ in gilts following UK Budget
Traders play down parallels with 2022 market crisis but say rise in borrowing costs will lingerBusiness - Financial Times - November 1 -
Financial market worries over the UK budget appear to ease
Worries about this week’s tax-raising U.K. budget within financial markets appear to have eased with the interest rates charged on British debt steadying and the pound rising against most other ...World - ABC News - November 1 -
UK's ultra-rich feel the pinch from Labour's tax-raising budget
Britain's wealthy are feeling the pinch following a slew of targeted tax hikes in the Labour government's budget, with many saying they are making good on plans to leave.Business - CNBC - November 5 -
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 inflationWorld - Financial Times - 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 -
UK landed estates warn Budget tax changes will ‘kill off’ business
Owners of historic houses hit out at changes to inheritance tax and national insuranceBusiness - Financial Times - November 9 -
Budget fallout will hit UK plc’s squeezed middle hardest
Smallest private sector employers will be protected from NI increase while big business can pass cost on to consumerWorld - Financial Times - November 11 -
UK Pizza Hut to raise funds after Budget tax hikes
The money could come from a sale of part of the business, or new investment from existing shareholders.Top stories - BBC News - 5 days ago -
UK retailers warn Reeves of £7bn hit from Budget changes
Changes to national insurance, national living wage and an existing packaging levy set to raise costs in the sectorBusiness - Financial Times - 2 days ago -
UK’s largest retailers warn Reeves her Budget makes job cuts ‘inevitable’
Retail firms have written to the chancellor to say they cannot manage rising costs and tax bills.Top stories - BBC News - 2 days ago -
Bitcoin rises 3% after topping $73,000 for the first time since March
Bitcoin has struggled to reclaim the $70,000 level this year after reaching a record of $73,797.68 in March.Business - CNBC - October 29 -
Mail-in ballots that arrive after Election Day in Mississippi shouldn't be counted, appeals court says
A federal appeals court ruled that a Mississippi law allowing mail-in ballots to be counted if they are postmarked before election day — but received up to five days after Election Day — is ...Politics - NBC News - October 25 -
FirstFT: Media groups prepare for election night disinformation
Also in today’s newsletter, bets on US election volatility rise, and UK borrowing costs soarWorld - Financial Times - November 1