Latest in Labour's Big Budget
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UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - October 31 -
Labour wants to reverse decline – but with a big budget comes a big risk
The government knows cynical voters will need to see tangible change in public services and to feel better off. At the final political cabinet before Rachel Reeves delivered her first budget this ...World - The Guardian - October 30 -
In U.K. Budget, Labour’s First Big Political Moment Offers Risk and Reward
British Prime Minister Keir Starmer’s government has stumbled since his party won a landslide victory, but the financial plan to be announced on Wednesday offers a possible relaunch.World - The New York Times - October 29 -
Badenoch's win and Labour's big Budget mean we now have sharper left-right divide
With the government announcing big spending and tax, the differences between the two main parties feel sharper, writes Laura Kuenssberg.Top stories - BBC News - November 2 -
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 WednesdayBusiness - Financial Times - October 28 -
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 -
Britain’s Labour Budget: bold ambition, uncertain prospects
Rachel Reeves must now deliver on her investment plans, or taxes will rise even furtherWorld - 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 chancellorWorld - Financial Times - October 31 -
Labour budget sets the scene for 2026 Holyrood election
The devolved Scottish government will have had an extra £3.4bn to spend - including more money than SNP ministers anticipated for public building projects.Top stories - BBC News - October 31 -
Reeves: ‘My budget will match greatest economic moments in Labour history’
The chancellor says she will invest to reverse Tory decline, but stands accused of breaking party manifesto promises . Labour will launch a new era of public and private investment in hospitals, ...World - The Guardian - October 26 -
The Papers: Budget 'to match Labour best' and King back to full duties
Rachel Reeves promising to keep Labour's promises and King Charles's health, lead the papers.Top stories - BBC News - October 26 -
Budget watchdog will break impartiality, claims Hunt
The former chancellor says the publication of a review which could criticise the Conservatives on Budget day would "cross a line".Top stories - BBC News - October 28 -
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 -
Budget will end neglect of ‘broken not beaten’ NHS, say Labour ministers
Funding for more surgical hubs and radiotherapy machines planned in what PM says will be budget to ‘fix foundations’. The budget will revive a “broken but not beaten” NHS, Labour ministers have ...World - The Guardian - October 28 -
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 -
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 -
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 -
Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools
Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties. Budget 2024: key points at a glance Full report: Reeves raises ...World - The Guardian - October 30 -
Chris Mason: Chancellor will set agenda for years to come
Rachel Reeves' historic first Budget will set the agenda for the Labour government for years to come.Top stories - BBC News - October 29 -
UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing
Taxes rise as chancellor delivers the first Labour budget since 2010Business - Financial Times - October 30 -
The Budget should not be a big deal for interest rates
Bank of England has already had plenty of time to react to the chancellor’s thinkingBusiness - Financial Times - October 31 -
U.K. Budget Makes a Big Bet on Spending for Growth
The Labour Party is betting that extra spending on public services and more investment will eventually revitalize the country’s stagnant economy.Business - The New York Times - October 31 -
Rachel Reeves: The chess fanatic playing Labour's first big gambit
Profile of the UK's first female chancellor as she prepares to deliver first Labour Budget in 14 years.Top stories - BBC News - October 25 -
Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy
The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.World - The Wall Street Journal - October 30 -
Closure of UK inheritance tax ‘loophole’ to penalise estates of wealthy pensioners
Experts say big tax bills could result from Rachel Reeves’ move in the BudgetBusiness - Financial Times - October 30 -
Seven memorable moments in the life of John Prescott
Lord Prescott spent a decade as Tony Blair's deputy and was seen as a custodian of traditional Labour values.Top stories - BBC News - 2 days ago -
UK’s Labour just unveiled its first budget in 14 years – what is in it and will it work?
Chancellor’s solutions to improving economy and public services will be a radical change for country. Britain’s new government delivered its first budget on Wednesday setting out its plans for ...World - The Guardian - October 30 -
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 -
The UK was crying out for a new kind of budget. Labour has given it repackaged Tory ideas | David Edgerton
A fairer, happier and more equal country is possible – but only if the party in power actually wants to make it happen. Has Labour got a radical economic programme, on a par with 1945 or 1964? Has ...World - The Guardian - November 6