Unveiled First Budget

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 - 6 hours ago

Reeves will not unveil new freeports in Budget, officials admit

One government figure says Downing Street announcement on Friday was ‘total cock-up with the comms’

Business - Financial Times - 3 days ago

Chris Mason: A change-making Budget and a moment of jeopardy

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

What to expect in Rachel Reeves’ first Budget

Chancellor is due to unveil tax and spend measures, but she may struggle to boost growth quickly

World - Financial Times - Yesterday

China unveils first diagnosis guidelines to battle escalating obesity crisis

Chinese officials published the country’s first set of guidelines to standardize the diagnosis and treatment of obesity amid a national health crisis.

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 - 2 hours ago

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 - 9 hours ago

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 - Yesterday

The Papers: Terror charge for Southport suspect and Reeves' first budget

New charges over the Southport attack in July and previews of Wednesday's Budget lead the papers.

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 - 17 hours ago

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 - 9 hours ago

Rachel Reeves’ first Budget leaves key economic challenges unresolved

OBR says announcements amount to one of the biggest fiscal loosenings of recent decades

Business - Financial Times - 7 hours ago

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

World - ABC News - 14 hours ago

First lady Jill Biden unveils revamped White House tour, talks legacy and more

The upgraded tour, now open to the public, includes interactive displays and 3D renderings.

UK borrowing costs hit post-election high on eve of Reeves’ first Budget

Chancellor will draw parallels with Tony Blair government’s efforts to repair country’s social fabric in late 1990s

Business - Financial Times - 18 hours ago

Reeves’s invidious choices in the Budget

As the FT’s chancellor game shows, the new ‘golden rule’ is her binding constraint. Meeting it could bolster fiscal credibility

World - Financial Times - October 16

Three tests for Britain’s Budget

Reeves must stabilise the economy, and pave the way for higher growth

Business - Financial Times - 3 days ago

How are investors preparing for the Budget?

Executives are seeking to minimise their exposure ahead of what could be the biggest tax-raising statement for a generation

Business - Financial Times - Yesterday

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - 19 hours ago

Zelensky unveils anticipated 'Victory Plan' for Ukraine war

Ukrainian President Volodymyr Zelensky on Wednesday publicly unveiled his “Victory Plan” for Ukraine’s defensive war against Russia, following closed-door pitches with world leaders and including ...

Politics - The Hill - October 16

US unveils sanctions targeting Hezbollah funding

The Biden administration announced new sanctions Wednesday against three individuals and four companies with alleged ties to revenue streams for the Lebanese militant group Hezbollah. A press ...

Politics - The Hill - October 16

Meta unveils features to combat teen ‘sextortion’

Meta is ramping up its efforts to fight sextortion on Instagram with the launch of new features that are designed to help prevent young users from getting blackmailed into sharing nude photos.