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People deriving income solely from state pension won’t be taxed, says chancellor
Clarification creates prospect of two-tier system for retirees solely on new state pension and those on private schemes
People who rely only on their state pension for their income will not.. - source: The Guardian - 28.11.2025
‘The City can’t be taken for granted’: how banks won over Rachel Reeves
JP Morgan and Goldman Sachs to expand UK presence after sector was spared from higher taxes in budget
Over canapés of beef and stilton pie, bone marrow gravy and mushy peas, the.. - source: The Guardian - 28.11.2025
Downing Street brushes off claims that the chancellor misled voters about the state of the public finances ahead of the budget
The Office for Budget Responsibility has said that Rachel.. - source: The Guardian - 28.11.2025
Amid ‘instability and fear’ in Trump’s economy, Americans are cutting holiday spending
In addition to rising prices and tariffs, readers cite growing unemployment as a reason not to exchange gifts this year
Americans are feeling rattled about the state of the economy. Donald.. - source: The Guardian - 28.11.2025
Income tax threshold freeze will hit poorer households harder, experts say
Move will have greater impact on living standards of taxpayers in bottom half of income scale, thinktanks say
Rachel Reeves will punish poorer households more than the better off through.. - source: The Guardian - 27.11.2025
Keir Starmer says Labour ‘kept to our manifesto’ over budget tax rises
PM seeks to rebuff claims government broke its promises while conceding budget ‘asked everybody to contribute’
Keir Starmer has conceded that the budget “asked everybody to.. - source: The Guardian - 27.11.2025
‘Mortified’ OBR chair hopes inquiry into budget leak will report next week
Reuters news agency says it obtained document after visiting URL it predicted file would be uploaded to
How Rachel Reeves’s budget was leaked 40 minutes early
The chair of the.. - source: The Guardian - 27.11.2025
Rachel Reeves’s budget creates tax break for rich former non-doms
Cap on inheritance tax paid by their offshore trusts will only help those worth more than £83m, say experts
A tax break for rich former non-doms that slashes their potential inheritance.. - source: The Guardian - 27.11.2025
Scientists warn of severe climate-related risks to UK economy and security
Experts lay out scale of changes needed in ‘first-of-its-kind national emergency briefing’ in Westminster
A host of eminent scientists have warned politicians, business and community.. - source: The Guardian - 27.11.2025
Budget tax rises may be ‘fiscal fiction’ as pain delayed for election year, IFS warns
Thinktank predicts backloading may force Labour to abandon tax rises or spending cuts
Rachel Reeves has positioned Labour to fight the next general election with tax increases and spending.. - source: The Guardian - 27.11.2025
‘It was just … meh’: the voters who feel ‘tinkering’ budget let them down
Research group More in Common spoke to former ‘blue wall’ constituents unimpressed by ‘chaotic’ U-turns
“It’s all sort of stacked against you … The people that are working.. - source: The Guardian - 27.11.2025
The left-leaning Resolution Foundation says freezing income tax thresholds less progressive than raising income tax rates by 1p
Ask the Guardian your budget questions
Q: Why should.. - source: The Guardian - 27.11.2025
UK’s fiscal repair job ‘far from complete’ after budget as debt keeps rising – business live
Rolling coverage of the latest economic and financial news
Rachel Reeves targets UK’s wealthiest in £26bn tax-raising budget
We also have budget analysis from research.. - source: The Guardian - 27.11.2025
‘Struggling to pay the bills’: Britons under pressure react to budget 2025
As they struggle with the cost of living, people weigh up whether Rachel Reeves’s measures will help them
What the budget means for people on a range of incomes
Budget calculator:.. - source: The Guardian - 27.11.2025
Rachel Reeves targets UK’s wealthiest in £26bn tax-raising budget
Chancellor axes two-child benefit cap and cuts energy bills paid for by mansion tax and freezing tax thresholds
Analysis: ‘Tax-raising budget crash-lands on struggling.. - source: The Guardian - 26.11.2025
OBR warns Reeves’s budget still leaves public finances in ‘vulnerable’ position
Damaging events could knock finances off course, says Treasury’s independent forecaster as it downgrades growth outlook
Reeves says budget will cut living costs after shock OBR.. - source: The Guardian - 26.11.2025
How Rachel Reeves’s budget was leaked 40 minutes early
By the time the chancellor reached the dispatch box, the OBR had accidentally published its verdict in full online
At a glance: the key points from the budget
Shortly before midday on.. - source: The Guardian - 26.11.2025
Budget 2025: what it means for you
How Rachel Reeves’s measures on tax, NI and benefits affect single people, couples, families and those receiving pensions in England, Wales and Northern Ireland
Luke can’t get a.. - source: The Guardian - 26.11.2025
‘A bit of a relief’: a City trading floor reacts to Reeves’s budget
After initial chaos caused by OBR leak, London financial traders say markets do not appear to have been upset
Budget 2025 – live updates
Budget 2025: key points at a glance
As.. - source: The Guardian - 26.11.2025
Reeves’s tax-raising budget is crash landing on an economy that is struggling for growth
Bond vigilantes may be reassured but the jury is out for households and businesses
Rachel Reeves says budget will cut living costs after shock OBR leak
Budget 2025 – follow.. - source: The Guardian - 26.11.2025