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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 - Yesterday -
Workers warned Budget tax rises will hit their wages
Economists say tax rises in the Budget will mean employers have less to give as pay rises.Top stories - BBC News - Yesterday -
Bill Gates criticises Budget cut to overseas aid
Hidden in the Budget was a decision not to renew a Tory-era £2.5bn top-up to the UK's overseas aid budget.Top stories - BBC News - Yesterday -
'This catastrophic Budget will put up pint prices'
Hiking the amount employers pay in National Insurance, coupled with other cost rises, has sparked fury from businesses.Top stories - BBC News - Yesterday -
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 - Yesterday -
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 - Yesterday -
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 - 9 hours ago -
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 - Yesterday