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The Latest Breaking News from Budget

PM: Government is ‘for farmers’ and most will be unaffected by tax change

Farmers and supporters rallied in London over Budget measures which included imposing inheritance tax on farms worth more than £1 million.

The Independent UK

It makes sense to make winter fuel payment change, says Sir Keir Starmer

Chancellor Rachel Reeves limited access to the benefit, worth up to £300, in a cost-saving measure, as she sought to repair the nation’s finances.

Evening Standard

UK retail sales slide in October amid pre-Budget uncertainty

Retail sales volumes, which measure the quantity bought, decreased by 0.7% in October, the Office for National Statistics said.

The Independent UK

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Firms can use AI to help offset Budget tax hikes, says Google UK boss

Debbie Weinstein said AI can help boost company growth by increasing worker productivity, not replacing jobs.

The Independent UK

Russia-Ukraine escalation fears push oil and defence stocks higher

Energy majors Shell and BP tracked rising oil prices on Thursday, while defence-oriented firms Rolls-Royce and BAE Systems also made solid gains.

Evening Standard

Environment Secretary says he has ‘heard anguish of countryside’ after protests

Steve Reed announced plans for a 25-year farming road map to help agriculture move to a more environmentally and financially sustainable future.

Evening Standard

Haigh says affordability is a priority but refuses to rule out rail fare hikes

Speaking in the Commons, the Transport Secretary said the Government’s focus was on keeping public transport affordable.

Evening Standard

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Royal Mail owner says it cannot rule out job cuts after £120m Budget hit

It is the latest major business to caution that workers and customers could face an impact from the rise in business taxes.

The Independent UK

Labour Budget adds to uncertainty over inflation, says Bank policymaker

Dave Ramsden, deputy governor for markets and banking, was speaking after the Bank cut rates by a quarter point earlier in November.

Evening Standard

Tories claim economic approach of ‘Starmerism’ could further hit farmers

Deputy Prime Minister Angela Rayner said the ‘vast majority’ of estate owners will not be affected by the Government’s inheritance tax changes.

Evening Standard

Health Secretary urges Scottish Labour MSPs to back national insurance call

The UK Government announced an increase to employer contributions in the Budget last month.

The Independent UK

PM defends employer tax hike as retailers warn of ‘inevitable’ job losses

More than 70 businesses, including Tesco, Asda and Sainsbury’s, have told Rachel Reeves Budget tax hikes mean price rises are a ‘certainty’.

Evening Standard

More farmers seeking financial advice over inheritance tax changes, say experts

Thousands of farmers marched on Westminster on Tuesday in a protest against the Budget changes.

Evening Standard

Tories demand almost £1 billion in tax cuts from SNP's Scottish Budget

THE Conservatives have proposed almost £1 billion worth of tax cuts for the upcoming Scottish Budget ...

The National (Scotland)

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The Independent UK

Big name UK retailers warn Labour job losses ‘inevitable’ after National Insurance hike in Budget

Household names like Tesco and Amazon have issued a plea to the chancellor over Budget measures

Evening Standard

UK retail bosses warn of ‘inevitable’ job losses amid Budget changes

More than 70 businesses including Tesco, Asda and Sainsbury’s voiced their concerns in an open letter to Chancellor Rachel Reeves.

Evening Standard

Inheritance tax shake-up explained as farmers take to streets of London

Farmers are descending on Westminster to protest about the changes which they warn will be devastating for farming families

Evening Standard

No 10 dodges row over Elon Musk’s claims UK is ‘going full Stalin’ with farmers

Downing Street refused to be drawn into a row over the tech billionaire’s criticisms of its plans to reform inheritance tax for farms.

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The Independent UK

Farmers’ protest live: Police probe tractors breaking barrier as Clarkson says inheritance tax a ‘hammer blow’

Farmers from across the country have travelled to London this morning to join protests over changes to inheritance tax rules

Evening Standard

Farmers revolt: Hundreds of Met officers ready for big Westminster protest against Labour’s ‘tractor tax'

Jeremy Clarkson will join thousands of other farmers staging a rally to Parliament Square on Tuesday

Evening Standard

Jeremy Clarkson defies doctor's orders to join thousands of protesting farmers in central London today

Clarkson has previously accused the government of ‘ethnically cleansing’ the British countryside

Evening Standard

Farmers ‘betrayed’ over inheritance tax but should not withhold food – NFU chief

A row has erupted over the new taxes for farms worth more than £1 million.

The Independent UK

Haigh reveals where funding will go to boost bus services across country

Some rural areas will receive an ‘unprecedented’ amount of funding.

The Independent UK

Farmers protest outside Welsh Labour conference as Starmer defends Budget

The Prime Minister praised the election of 27 MPs in July, making Wales a ‘Tory-free zone’.

Evening Standard

Sir Keir Starmer defends Budget as furious farmers protest outside Welsh Labour conference

Mass tractor protest against inheritance tax during Keir Starmer’s speech

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