Tax Revenues without

Tax rises needed to avert austerity, Starmer says

The prime minister gives a gloomy economic picture as he set out his justifications for "tough decisions" in the Budget.

The government's fate will depend on whether it can make things better, says political editor Chris Mason.

Tory leader says Labour chancellor is ‘fiddling the fiscal rules’ in her first Budget

Business - Financial Times - October 30

UK chancellor Rachel Reeves has announced an immediate increase in her first Budget

Business - Financial Times - October 30

Increasing the burden on companies may not affect workers’ payslips today, but it won’t be long

World - Financial Times - October 30

Tax relief to be capped on assets worth more than £1mn

World - Financial Times - October 30

Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowing

World - Financial Times - October 31

Changes announced to inheritance tax rules could see the end of small family farms, warns the NFU.

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

The Scottish finance secretary has warned a rise in National Insurance could cost the government £500m.