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RARE PHOTOS: 19 | Rare Historical Photos

Kemi Badenoch becomes first black woman to lead major European party

The MP is also the fourth woman to lead the Conservative Party after Margaret Thatcher, Theresa May and Liz Truss.

Evening Standard

Kemi Badenoch elected new Conservative leader – as it happened

Badenoch says Tories need ‘a clear plan to change this country by changing the way that government works’

The Guardian - UK

OBR error cut £18bn of headroom from Rachel Reeves’ Budget

The error may have contributed to the market jitters that were seen in the wake of the Budget

The Independent UK

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Big, bold and risky, but Rachel Reeves has still presented a continuity budget

In the long line of UK government budgets, this first one from Labour in 14 years will be remembered as one of the more significant. Perhaps not like those of Geoffrey Howe in 1981, which controversially cut spending in the middle of a recession, or Hugh Dalton in 1946, which…

The Conversation

Two-thirds of bosses feel negatively about budget, Reeves is told

Warning from Institute of Directors comes as ratings agency Moody’s says budget will do little to improve growth

The Guardian - UK

Voices: ‘The new Thatcher or the new Truss?’ 10 of your burning Tory leadership questions answered

ASK ME ANYTHING: In this exclusive Q&A session, The Independent’s political commentator Andrew Grice addresses key dynamics in the Tory leadership race, and what we can expect when Kemi Badenoch or Robert Jenrick takes the helm

The Independent UK

Why it’s unfair to compare the current market movement to catastrophic Truss mini-Budget

ANALYSIS : Ignore the comparisons, writes Howard Mustoe – any suggestions that market concerns over Rachel Reeves’s Budget bear any similarity to the chaos that followed Liz Truss’s economic disaster are wide of the mark

The Independent UK

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We’ve all got Liz Truss PTSD, says minister as he defends market reaction to Budget

Treasury minister says situation after Truss’ mini-Budget ‘completely different in contrast to now’

The Independent UK

UK politics: Budget’s ‘clean bill of health’ from watchdogs should reassure investors, says Reeves – as it happened

Chancellor, on a post-budget visit to Newcastle, says ‘markets move all the time’

The Guardian - UK

UK still suffering from trauma of Liz Truss, says Treasury minister

Darren Jones says ‘we’ve all got PTSD’ from Truss’s 2022 mini-budget, amid market jitters after this week’s budget

The Guardian - UK

Budget market reaction ‘very different’ from Liz Truss turmoil, minister insists

Treasury minister Darren Jones suggested the UK had ‘PTSD’ from Liz Truss’s mini budget, amid jitters from markets.

Evening Standard

Jittery markets hold their nerve on Budget £32b borrowing as minister reassures: We've all got PTSD from Truss

Chief Secretary to the Treasury Darren said on borrowing the Government does not ‘think that we are pushing it to the limit’

Evening Standard

Head of government’s new value for money office ‘to be paid £950 a day’

David Goldstone to advise chancellor and chief secretary to the Treasury on ways to cut public spending

The Guardian - UK

Labour’s first budget: redistribution away from the rich after over a decade of Conservative rule

Labour’s first budget in 14 years appears to have avoided the Halloween nightmares that many predicted. Yes, the overall tax burden is at its highest level since 1948, but this budget’s tax and spend distribution is such that it spreads both the pain and the benefit. Most of the pain…

The Conversation

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The Independent UK

Voting closes in contest to lead UK Conservative Party as it seeks to rebound from defeat

Voting has closed in contest to lead Britain’s Conservative Party after its crushing election defeat

The Guardian - UK

UK’s borrowing costs rise as Reeves’s budget prompts fears of slower interest rate cuts

Markets conclude higher level of public spending could lead to higher inflation, making cuts in Bank of England rate less likely

Evening Standard

Budget ‘biggest-ever assault’ on competitiveness, says former chancellor Hunt

The Conservative shadow chancellor opened a Commons Budget debate on Thursday.

The Independent UK

Taxes will have to rise further despite Reeves’ £40bn tax grab, IFS director warns

Rachel Reeves has hit back at criticism of her Budget after the chancellor received backing from the International Monetary

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The Guardian - UK

Post-budget sell-off of government bonds by worried City traders intensifies, pushing up UK borrowing costs – as it happened

Institute for Fiscal Studies says increasing borrowing to fund investment ‘right thing to do’

The Independent UK

Budget 2024: What will it mean for my mortgage?

The general recent trend for mortgage rates has been downward following the highs experienced two years ago in the wake of former prime minister Liz Truss’s disastrous mini-Budget

The Independent UK

Hunt accused of trying to ‘blame the referee’ over OBR ‘black hole’ review

Tory former chancellor Jeremy Hunt has written to the UK’s top civil servant about an Office for Budget Responsibility review of his spending plans.

The Guardian - UK

Hard-hit Defra to have budget slashed further despite warnings

Department’s finances were slashed during austerity and campaigners say more cuts will stall progress to meet nature and climate targets

The Guardian - UK

Farage and Reform ‘not the cause of Tory problems, but a symptom’, says Badenoch – as it happened

The Tory leadership candidate says the party churned out a laundry-list of promises instead of listening to members

The Guardian - UK

Will bond vigilantes punish Rachel Reeves with a Truss-style market meltdown?

10-year gilt yields have risen in the past month but are within the range of other pre-budget periods

The Independent UK

Keir Starmer warns the UK budget this week will reflect 'harsh' economic reality

British Prime Minister Keir Starmer says fixing Britain’s troubled economy will be a long haul in a “harsh” fiscal environment

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