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Bank and gambling shares jump after Budget tax raid was 'not as bad as feared'

Today

Bank and gambling shares jumped today as John Healey's tax raids on the sectors were not as punishing as feared.

How much more tax will you pay on YOUR savings? What's your total tax hit? Calculate your Budget damage wih DEEP DIVE

Today

Income tax thresholds will remain frozen until 2031, adding to the growing tax burden on millions of workers and pensioners.

'Go further, faster': High Street urges Labour to tackle soaring costs after Budget rates boost

Today

Businesses said Labour must go 'faster and further' to tackle fundamental problems with how they are taxed or help with mounting costs.

Healey has launched yet another spiteful attack on the prudent - why I fear this is just the calm before the storm, says JEFF PRESTRIDGE

Today

Compared to the two previous (damaging) tax raising Budgets, today's Budget was somewhat gentler on our household finances and our long-term wealth.

Rolls-Royce hails 'landmark moment' for UK aerospace after £2.5bn Budget deal to develop new engines in Britain - not overseas

Today

Rolls-Royce hailed a 'landmark moment' for the UK aerospace industry after the government backed a £2.5billion programme to develop new jet engines.

Healey accused of 'robbing Peter to pay Paul' as he launches £300m raid on entrepreneurs to fund fresh tax break for founders

Today

Healey announced a lower rate of capital gains tax for creators of start-ups, while increasing how much is paid by owners of established businesses who cash out.

The key points from Chancellor John Healey's first Budget

Today

Chancellor John Healey is delivering his first Budget against a challenging economic backdrop.

Chancellor ditches Rachel Reeves' cash Isa raid and keeps savings limit at £20,000

Today

John Healey has abandoned his predecessor Rachel Reeves' 'car crash' plans to cut the cash Isa allowance in his first Budget this afternoon.

Savers and landlords hammered with income tax raid in Budget as Healey ratchets up Reeves' hike by another 2%

Today

From April 2027, both will pay an extra 4% in income tax on money they receive as savings interest above their personal allowance, and rent they receive from tenants.

Poorest pensioners will be let off income tax under new rules revealed in Budget - but some face a 53% sting

Today

John Healey plans to create a new Pension Tax Allowance of £13,036, the same as the full new state pension rate from next April, instead of the £12,570 for everyone else.

Poundland set to appoint administrators as union warns of job losses before Christmas

Today

Thousands of Poundland staff could lose their jobs before Christmas as it teeters on the brink of collapse. Company bosses are preparing to file a notice to appoint administrators.

Side hustle boost: Vinted and eBay sellers see tax-free trading allowance trebled to £3,000

Today

The amount of money people can earn in 'side hustle' jobs before paying tax has trebled from £1,000 to £3,000 in the Budget.

How to check your council band and find out if you will get Labour's £100 payment for energy bills

Today

If you are not in council tax bands A to D, you will be left out in the cold and not receive Labour's £100 payment to help with energy bills. Check your council tax band now.

Will Your First Home scheme get you on the ladder quicker? We explain everything you need to know

Today

Like Help to Buy before it, the scheme comes with various hoops for buyers to jump through. We explain everything you need to know.

Housebuilders suffer £1bn share price slump as Help to Buy revamp falls flat

Today

Britain's leading housebuilders saw £1billion wiped off their value yesterday as Labour's revamp of Help to Buy fell flat.

Chancellor's bid to tackle higher public EV charging costs fails to plug a £1,000-a-year 'driveway divide'

Today

John Healey in his first Autumn Budget pledged £100m towards reducing the cost burden for EV owners who are unable to plug in at home by £150 a year.

Investing starter Isa inbound? Government reveals plans to turn savers into investors in the Budget

Today

The Government has announced an investment Isa 'incentive'. Details are scarce but what could this look like - and will it encourage Britons to start investing?

Government scraps standing charges on gas bills - what will it mean for your energy bills?

Today

This is Money examines what standing charges are, how much they cost households and how the scrapping of them on gas bills will affect you.

How much will frozen income tax thresholds cost you? Our salary calculator reveals the pain

Today

The Chancellor confirmed income tax thresholds will remain frozen until 2031, adding to the growing tax burden on millions of workers and pensioners.

Best cash Isa rates: Our pick of the five top deals

Today

We pick our five favourite cash Isas for savers. This is essential reading to help you choose a top savings account for your money that can also protect you from tax.

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