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Budget tax rises may be ‘fiscal fiction’ as pain delayed for election year, IFS warns

Labour MPs welcome scrapping of two-child benefit cap but worry about hefty future tax increases on constituents

Government to ditch day-one unfair dismissal policy from workers’ rights bill

Flagship Labour plan to be replaced with six-month threshold after Peter Kyle vows to not let businesses ‘lose’ under new law

The chancellor’s growth mission is missing in action

Businesses grumble about lack of ambition and urgency as Rachel Reeves continues to shy away from meaningful tax reform

Venezuela bans six international airlines as tensions with US escalate

Carriers accused of joining ‘actions of state terrorism promoted by US’ after they suspended flights to Venezuela

UK retailers urge faster end to tax break on low-value imported goods

Primark, Currys and Boohoo criticise government for waiting until 2029 to phase out exemption on customs duty

Ministers face calls to explain how £6bn Send funding hole will be paid for

Bridget Phillipson tells MPs that Send costs in England will not fall on core schools funding but on government budget

Starmer says budget did not break manifesto tax pledge – as it happened

PM says: ‘We kept to our manifesto in terms of what we’ve promised. But I accept the challenge that we’ve asked everybody to contribute’

Energy minister says UK must ‘do whatever it takes’ to avoid gas supply crisis

Official advisers urge government to address situation that could mean homes and businesses going without on coldest days

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

Economists warn budget built on ‘shaky foundations’; December UK interest rate cut looks more likely – as it happened

Experts question whether back-loaded tax rises outlined in Wednesday’s budget will really happen

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

Daily Mail’s parent company on ‘credit watch’ over Telegraph takeover

S&P Global Ratings warns Lord Rothermere’s RCHL could face credit downgrade as it seeks funding for £500m deal

Debenhams boss could receive almost £150m if he turns around struggling retailer

Incentive scheme for CEO of fashion group, which also includes Boohoo, comes as sales slump 23%

‘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

Freeze on student loan repayment threshold could leave graduates struggling, NUS warns

Graduates in relatively low-paid jobs earning close to minimum wage will have to repay ‘more, much sooner’

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  • ‘Tough market conditions’ hit UK half-year retail sales at Frasers Group
  • Versace creative director leaves shortly after fashion house’s $1.4bn sale to Prada
  • Dryrobe wins trademark case against rival waterproof changing coat D-Robe
  • Budget uncertainty triggers plunge in UK construction activity; Trustpilot shares slump after short-seller claims – as it happened
  • Rachel Reeves will not be investigated over pre-budget briefing, FCA says
  • What has gone wrong at Zipcar – and is UK car-sharing market dead?
  • Crypto investor gives £9m to Reform UK as donations exceed those to Tories
  • UK’s small brewers call for chancellor to think again on business rates
  • Water plant that caused Tunbridge Wells supply failure was given risk notice in 2024
  • Record numbers becoming billionaires through inheritance, UBS report finds
  • Fossil-fuel billionaires bought up millions of shares after meeting with top Trump officials
  • Households face higher energy bills as £28bn grid upgrade gets go-ahead
  • ‘People had forgotten about it’: onboard the 7am Manchester-London train service saved from axe
  • Refinancing is delayed at Thames Water. If Ofwat is playing hard, it should keep going
  • ‘I’m rapt!’: meatball chants but no mania as New Zealand assembles for first Ikea store
  • Advertising giant WPP relegated from FTSE 100 after nearly 30 years
  • Post Office avoids fine over leak of wrongfully convicted operators’ names
  • EU looks at legally forcing industries to reduce purchases from China
  • Historic Smithfield and Billingsgate markets find new home in Docklands
  • HSBC has a new chair but the succession process should have been slicker
  • UK using more wood to make electricity than ever, Drax figures show
  • Thames Water profits surge on higher bills; Prada buys Versace for $1.4bn – as it happened
  • Design boss behind new Jaguar leaves JLR weeks after change of CEO
  • Help to cut baby formula costs could save parents up to £500, Starmer says
  • HSBC appoints interim chair Brendan Nelson to permanent role
  • Thames Water faces collapse as crisis talks take ‘longer than expected’
  • There are two big drivers of Australia’s economic growth – but shape matters as much as size
  • UK temporary workers: tell us have you received less holiday pay than you are due?
  • ‘The Mamdani effect’: wealthy New Yorkers show renewed interest in Miami’s Billionaire’s Beach
  • Airbus cuts plane delivery target amid A320 fuselage problem

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