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

US banks announce UK expansion projects hours after budget

JP Morgan and Goldman Sachs reveal plans for London and Birmingham as sector is spared tax rises

‘I don’t live in a mansion. It’s a 1930s house’: Richmond residents react to council tax rise

Rachel Reeves’s new council tax surcharge on homes worth £2m or more earns mixed reception in well-heeled London borough

Rachel Reeves’s budget has inflamed, not calmed, Britain’s febrile mood

The chancellor’s statement will be remembered for the many taxes it raised, rather than the big one – income tax – it did not, says Guardian columnist Martin Kettle

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

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

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

The Guardian view on Labour’s budget: real gains for children and struggling families are a welcome shift

Editorial: Rachel Reeves’s interventions will ease the cost of living and suggest a desire to revive growth and protect public services

Labour is still in a muddle on North Sea oil and gas

Maintaining existing drilling sites for longer is sensible but doesn’t square with plans to keep the energy profits levy

Labour MPs celebrate end of two-child benefit cap in Reeves’s budget

Abolition is popular with backbenchers and is expected to stabilise precarious positions of the PM and chancellor

A budget to save Britain’s finances? More like Operation Save Our Skins

Only 20% of tax rises will go towards making people better off. The vast majority will be spent meeting Labour’s fiscal rules and paying for U-turns, says Guardian columnist Aditya Chakrabortty

Budget 2025: Reeves claims freezing tax thresholds in budget does not breach manifesto pledge – as it happened

Chancellor says she will not ‘get into semantics’ when questioned on issue after her statement

‘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

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

Chancellor unveils action on energy bills, rail fares and two-child benefit cap as she reveals £26bn tax rises