Category: Budget 2026

Would a gambling tax rise in the budget really shut shops and cost jobs?

Most of the betting industry is urging the chancellor not to double slot machine duty to raise up to £460m more a yearGambling industry kingpins are fuming about reports that the chancellor, John Healey, is considering...

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Labour figures uneasy about Healey’s ‘underpowered’ approach to budget

Chancellor faces challenge of volatile global headwinds and soaring energy costs at home as some insiders worry lack of clarity could trigger fresh market shockSenior Labour figures are privately voicing unease about John...

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Healey vows to stick to fiscal rules in budget built on hope

Chancellor tells Labour conference it’s ‘not progressive’ to fail to balance books amid rising welfare bill as borrowing costs climb to record highBusiness live – latest updatesPrice of diesel on UK forecourts reaches all-time...

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UK minister warns of impact of Trump’s Iran war on next month’s budget

Bridget Phillipson says Burnham’s past criticisms of US president not an issue as PM prepares to meet Trump at UNNext month’s budget will be made more difficult by Donald Trump’s war with Iran, one of Andy Burnham’s cabinet...

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Next month’s budget made harder by Trump’s war with Iran, says UK minister

Bridget Phillipson says Burnham’s past criticisms of US president not an issue as PM prepares to meet Trump at UNNext month’s budget will be made more difficult by Donald Trump’s war with Iran, one of Andy Burnham’s cabinet...

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Don’t discount Reform because it’s had a bad year. In our angry, fragile democracy, anything can happen | John Harris

Nigel Farage’s tactics are to play up the anxiety and resentment that people feel. Labour’s job is simple: to offer hope and changeDespite the energised start Andy Burnham has made as prime minister, plenty of his party’s MPs...

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‘Cost of housing’ crunch looms for low-income families, warns Resolution Foundation

Thinktank calls on chancellor to end housing allowance freeze with typical two-bedroom household facing £158 week shortfall amid rent risesMore than 1.1 million low-income families in rented homes face a “cost of housing” crunch...

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Khan addresses Polanski in Urdu at London assembly, mocking Green leader’s byelection video – as it happened

This blog is now closedAndrew Griffith has delivered his speech, and he is now taking questions.Q: You want the government to pause the making tax digital programme. Is that an admission that the last government got this wrong...

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Tax the middle earners! Will the PM do it? – podcast

Former Bank of England economist Andy Haldane said the markets regarded this government as ‘a pretty traditional tax and spend socialist government with better TikTok videos’. Harsh criticism or truth? As pressure mounts on the...

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