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MYSTERIOUS: 18 | Mind Blowing Facts

Rachel Reeves bets on public spending increases in budget winning over voters

Chancellor hopes cash injection for NHS and extra money for public services will make public forgive higher taxes and slow growth

The Guardian - UK

Fact check: Budget 2024 claims about National Insurance, bus fares and growth

Round up of fact checks about the Autumn Budget 2024, compiled by Full Fact.

Evening Standard

Rachel Reeves didn’t scare the markets. But nor did she impress with a growth plan

Businesses adopt a wait-and-see response as it becomes clear the autumn budget is part of a long-term missionBusinesses react to

The Guardian - UK

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Rachel Reeves gambles on £40bn tax rise in her first Budget

With a £40bn hike, Rachel Reeves delivered the highest level of tax increases ever announced in a Budget, but questions remain as to whether her measures will deliver the economic growth she hopes for

The Independent UK

Historical benchmarks and milestones in Rachel Reeves’ first Budget

Government investment is forecast to reach the highest sustained level since the 1970s.

The Independent UK

Reeves uses first Budget to hike taxes, increase borrowing and boost spending

Chancellor Rachel Reeves used Labour’s first budget since 2010 to put extra money into public services but sent taxes to a post-war high.

Evening Standard

Firms ‘set to pass on most of higher tax costs to employees through lower wages’

The Office for Budget Responsibility said it assumes that firms will ‘pass on most but not all of their higher tax costs to employees’.

The Independent UK

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Inflation and mortgage rates elevated by Chancellor’s spending plans, says OBR

Chancellor Rachel Reeves announced almost £70 billion of extra spending each year in her maiden budget.

The Independent UK

Brexit continues to have 'devastating' effect on UK economy, OBR warn

BREXIT is continuing to have a “devastating” effect on the UK’s trade as a new report forecasts a long-term decrease in the economy due to…

The National (Scotland)

Budget watchdog finds £9.5bn shortfall in previous government’s spending plans

Rachel Reeves’ Budget on Wednesday afternoon sought to address a ‘black hole’ in finances.

The Independent UK

Rachel Reeves goes back to the future with a tax and spend budget

Chancellor heeds calls long made on the left for spending to match other European countries with rise of £70bn a year

The Guardian - UK

OBR says budget unlikely to lift economic growth over next five years

Forecaster says extra spending revealed by Rachel Reeves will give only a short-term lift to economy

The Guardian - UK

What Labour’s first budget means for wages, taxes, business, the NHS and plans to grow the economy – experts explain

For the first time in 14 years, it was a Labour chancellor who delivered the UK budget. And for the first time ever, that chancellor was a woman. But Rachel Reeves faces an almighty task: plugging a £40 billion spending gap in the knowledge that pre-election promises not to raise…

The Conversation

Catastrophic cost of Brexit on UK trade revealed in stark OBR warning

Exclusive: Figures published alongside Budget spark claims UK’s exit from EU is ‘elephant in chancellor’s study’

The Independent UK

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Evening Standard

UK economic growth upgraded this year amid ‘temporary boost’ from spending

The Office for Budget Responsibility has predicted that UK gross domestic product will grow by 1.1% in 2024.

The National (Scotland)

Stephen Flynn reacts to Labour Budget as 'Scots still paying the price'

LABOUR’S first Budget in 14 years “fails to deliver” the change Scots expected from Keir Starmer, the SNP have said.

Evening Standard

Mortgage rates to rise after Rachel Reeves' tax, borrow and spend Budget, says official forecaster

The Chancellor has clashed with the Tories over whether her Budget would push up mortgage bills

The Independent UK

Watch: Office for Budget Responsibility responds to Rachel Reeves’ £40bn tax hikes

Watch as chair of the Office for Budget Responsibility (OBR) Richard Hughes held a press conference after Labour's Budget was announced on Wednesday, 30 October.

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Evening Standard

Taxes, borrowing and spending up in Rachel Reeves’ first Budget

Chancellor Rachel Reeves said she was ‘fixing the foundations of our economy’ but taxes will rise to their highest levels since the Second World War.

The National (Scotland)

Economists react to the Budget with pay cut fears

LABOUR tax hikes on employers will cut pay for workers, according to a leading think tank.

The Guardian - UK

Budget 2024: Reeves reveals £40bn in tax rises as she promises to rebuild public services

Chancellor announces increases in taxation for businesses and the wealthy, and more money for the NHS and schools

Evening Standard

Inflation set to stay above 2% for next four years, says OBR

The fiscal watchdog said inflation is expected to be 2.6% next year, significantly ahead of a previous prediction of 1.5%.

The Independent UK

Live: Rachel Reeves delivers tax-raising Budget

In the first Labour Budget since 2010 – and the first delivered by a woman – Ms Reeves promised to ‘invest, invest, invest’.

The Guardian - UK

Autumn budget: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools – as it happened

Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties

The Guardian - UK

Five key charts: what will underpin 2024 budget statement by Rachel Reeves?

Labour chancellor to deliver budget after speculation over tax rises, debt rule changes and promised end to austerity

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