News

'Grim picture' for family finances as Budget forecasts reveal years of pain - in blow to Burnham's 'breathing space'

Today

Families face getting poorer over the next two years as they are squeezed by the rising cost of living and higher taxes according to 'grim' Budget forecasts.

Lloyds urges Healey to keep bank tax raid temporary

Today

Britain's biggest lender has urged the Chancellor not to extend his £1.5billion surcharge on banks, arguing Britain needs a 'stable and predictable' tax regime.

Britain faces £850bn interest bill as towering debt drives up taxes and hurts public services

Today

Taxpayers will stump up more than £850billion in just six years to pay the interest on Britain's towering debt pile.

The key points from Chancellor John Healey's first Budget

Today

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

Two in five Junior Isas opened at launch now contain enough cash for a house deposit

Today

Another one in six have enough to fund three years of university, while one in ten already have a pot worth £100,000 or more.

Chancellor's numbers only add up because they were made up, warns leading economist

Today

John Healey was accused of using 'made up numbers' to balance the books as the OBR admitted soaring energy prices meant its figures were already out of date.

The laptop I sold on eBay and sent via Evri arrived dented and I refunded the buyer £40: Can I claim for damage?

Today

To keep the buyer happy, I offered to pay them £40. Should Evri pay me back for this? I think the parcel was damaged in transit.

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.

Struggling workers will pay an extra £17billion of income tax by the end of the decade through 'stealth raids'

Today

Chancellor John Healey failed to mention the tax grab in his Budget as he drove the tax burden towards a record high.

Benefits? The bill's UP by £5bn a year: As Tories say UK 'addiction to welfare spending is alive and kicking', Healey vows he'll cut cost 'in a Labour way'

Today

The Chancellor was accused of allowing Britain to drown in an 'out-of-control welfare system' as the fiscal watchdog warned costs will spiral over the next five years.

Victory for the Mail and This is Money as Healey axes Reeves' cash Isa raid

Today

The amount that can be funnelled into a tax-free cash Isa every year will now stay at £20,000 instead of being slashed to £12,000 from April.

Britain's most hated road turns 40: The M25 is despised for its delays, variable limits and poor condition... but Britain couldn't function without it

Today

The M25 has become synonymous with endless tailbacks, roadworks, variable speed limits and degrading condition, earning its reputation as the nation's most hated stretch of road.

Labour is killing aspiration and placing a block on recruitment, say small business owners on Healey's home patch days before the Budget

Today

The displays may be colourful but the pre-Budget mood is bleak at a garden centre in Chancellor John Healey's Yorkshire constituency.

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.

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.

Healey bought himself some breathing space but Britain faces a funding crisis: ALEX BRUMMER

Yesterday

Whatever else one might think about Chancellor John Healey's first Budget, he and his Treasury team managed expectations very well.

Glaxo shares slump amid concerns over its vaccine pipeline of new drugs as patent losses loom

Yesterday

The pharmaceutical giant reported beat third-quarter sales and profit expectations, driven by a 15% rise in demand for its specialty HIV and respiratory medicines.

Regulator urged to probe Budget bank tax raid leak: Share surge hours before Healey's speech sparks insider trading fears

Yesterday

In a letter to the FCA, the chairman of the Treasury select committee raised concerns about potential market abuse after a surge in share prices ahead of the Budget.

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

Yesterday

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

Yesterday

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

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