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EXPLAINED: 2 | Vintage Vibes

Rachel Reeves will not be investigated over pre-budget briefing, FCA says

Regulator leaves door open for follow-up as it rejects calls for formal inquiry into claims against Treasury officials

The Guardian - UK

Budget crisis engulfs Rachel Reeves as OBR watchdog slams Treasury briefings

The leading economists also predict that interest rates will fall from 4% to 3.5% by the second quarter of 2026

Evening Standard

Did Rachel Reeves lie to justify her £26billion Budget tax raid?

The Chancellor is facing calls to resign over misleading the public and Cabinet minister over the state of Britain’s finances

Evening Standard

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Rachel Reeves denies lying about Budget black hole to justify tax hikes – UK politics live

Rachel Reeves denies breaking Labour manifesto pledge not to raise taxes – but admits she is asking people to pay more

The Independent UK

Reeves accused of misleading public on Budget black hole to justify £26bn tax raid

Badenoch claims chancellor ‘lied to the public’ and was ‘bribing Labour MPs to save her own skin’

The Independent UK

Welcome to the half-real, half-fantasy world that is ‘the day after the budget’

This is the day when politicians and amateur commentators talk more doggybollox than on any other day of the year

The Guardian - UK

‘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

The Guardian - UK

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Budget 2025: Rachel Reeves to hammer London in tax grab on wealthy homeowners and millions of workers

The Chancellor’s plans will also see 260,000 children in the capital benefit from the lifting of the two-child welfare cap

Evening Standard

Tories and Reform spout imaginary numbers as they fight for attention

Back-of-an envelope calculations by Kemi Badenoch, Mel Stride and Nigel Farage are nothing but political fever dreams

The Guardian - UK

Stealth tax alert: Reeves Budget to make record 10m pay Income Tax higher rate if she freezes thresholds

A further two-year freeze on Income Tax thresholds would drag 790,000 more people into paying the 40% higher rate, according to the IFS

Evening Standard

Motorists 'to be slapped with pay-per-mile tax by Rachel Reeves'

The new scheme is intended to try to close the £30 billion financial black hole the Chancellor faces in the budget at the end of the month

Evening Standard

UK politics: MPs spar over response to Cambridgeshire train attack – as it happened

Lib Dem spokesperson says Reform ‘trying to exploit incident for political gain’ and shadow home secretary’s remarks are ‘beneath contempt’

The Guardian - UK

Tory patience wears thin as Badenoch’s critics count down to May elections

With the party adrift and Reform surging, Jenrick’s allies are sharpening their pitch for a post-election reset

The Guardian - UK

Kemi Badenoch smiles from the stump as she heads towards oblivion

The relaxed demeanour of the Tory leader suggests she is just relieved that things aren’t worse than they could be

The Guardian - UK

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Evening Standard

Treasury urged to set out plan to ‘un-gum’ housing amid call to axe stamp duty

Sir Mel Stride likened Chancellor Rachel Reeves to Captain Mainwaring from Dad’s Army.

Evening Standard

Fact check: National debt, fake wifi charges and the cost of rebuilding Gaza

Round-up of fact checks from the last week compiled by Full Fact.

The Independent UK

UK facing highest inflation in G7 in yet another pre-Budget blow for Reeves

IMF also trims growth forecast for 2026 in ‘grim’ news for chancellor weeks before Commons statement

The Independent UK

Farage to give up Reform’s manifesto pledge for £90bn in tax cuts

Reform UK leader Nigel Farage will promise not to reduce taxes before cutting spending and making savings in the civil service at a major speech next month

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The Guardian - UK

It’s Tory conference: Boriswave goodbye to a deluded party on its way to electoral annihilation

When both Reform and the Liberal Democrats are eating your lunch, and even Nadine Dorries has abandoned ship, it might just be time to call it, says Guardian columnist Marina Hyde

The Guardian - UK

Has Kemi Badenoch sounded the death knell for one nation Conservatism?

The Tory leader’s shift to the right has left its centrist wing wondering if its tradition still has a future

The Independent UK

Video shows empty seats during key Conservative party conference speech

There were several empty seats at the Conservative Party's conference on Monday, 6 October, as Sir Mel Stride laid out the opposition's economic plans if they win the next election.

The Independent UK

Labour must prove it can be trusted on the economy

THE INDEPENDENT VIEW: Editorial: As Keir Starmer and his chancellor Rachel Reeves face a cabinet revolt over their ‘anti-aspirational’ polices, they must get the country’s finances in order – before voters turn on them for good

The Guardian - UK

The Guardian view on the Tory conference: history’s revenge on Conservatism

Editorial: Speeches from the conference floor reveal a party out of ideas. Its leadership team is mistaking slogans for policy and nostalgia for purpose

The Guardian - UK

Humiliation upon humiliation for the Melster in front of half-full Tory crowd

At conference where the stench of decay is overpowering, the shadow chancellor’s speech was an act of desperation

The Guardian - UK

It’s Badenoch’s Tory show, 2025: like Britain seeing an old flame and remembering why we blocked their number

The conference offers a flailing leader, Trumpite policies and rivals jockeying for position. It is comical, but also worrying, says Guardian columnist Frances Ryan

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