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Chancellor begins to deliver his first Budget
The chancellor begins his speech by calling it a Budget for the "working people of Britain, for British businesses big and small."
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‘A pretty grim picture’: outlook for UK living standards slashed despite Healey’s budget
OBR cautions about Middle East war dragging down growth and triggering a fresh cost of living crisis
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Business secretary writes to Poundland owner as administration fears build
Jonathan Reynolds has written to Gordon Brothers, which bought retailer for £1 last summer, to ‘establish the facts’
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Remit for the Monetary Policy Committee - October 2026
Good morning. There was a time when Bank of England interest rate announcements passed (most of us) by entirely unnoticed. A small rise here; a minor dip there: until May 2022, rates hadn’t climbed above 1% for 13 years.
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Income tax: Healey’s budget leaves thresholds frozen again. How much more will you pay?
Income tax thresholds are set to remain frozen after John Healey’s first budget as chancellor.
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Budget 2026 live: Healey delivers first budget of Burnham’s government
Martin Lewis said that, when he met John Healey this morning, the chancellor said that, having removed standing charges from gas bills, he would also like to get rid of them from electricity bills. Lewis said:
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Fed set to hold interest rates steady in last decision before midterms
US central bank last month raised rates for first time since 2023, in move that infuriated Donald Trump
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Former Conservative chancellor unsure Budget will 'fix big problems'
Any chancellor’s first budget is a big moment. But Rachel Reeves’s October 2024 event – the first from a Labour-run Treasury in almost 25 years – was particularly so, as she announced a big expansion in day-to-day spend…
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Octopus Energy boss on standing charges
Up Next. What do we know about Chancellor John Healey? Video, 00:01:00What do we know about Chancellor John Healey?
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‘Elonville’: US residents say Musk’s xAI offered to buy homes if they don’t sue over datacenter noise
Several Mississippi homes have been purchased near datacenters and one resident said realtor outlined target to buy more than 400
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Budget 2026: key points at a glance
John Healey starts by saying that his budget is “delivered at a time when global uncertainties and pressures are swirling worldwide and hitting people here at home”.
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What is in the iconic red box?
Up Next. Watch: What happens now after close vote in Israeli election? Video, 00:00:44Watch: What happens now after close vote in Israeli election?
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What do people in the South want from the Budget?
For small businesses hit by soaring fuel prices, and first-time buyers struggling to get on the housing ladder, there is a lot riding on it.
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What do you want from the Budget?
Up Next. Watch: What happens now after close vote in Israeli election? Video, 00:00:44Watch: What happens now after close vote in Israeli election?
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Stormont ministers set to find out Budget allocation
Stormont ministers will find out later how much extra money they will have to spend as a result of the Westminster Budget.
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RBNZ unexpectedly holds rates at 2.75% in split vote, signals further hikes likely
Oil sits at the centre of the call: the RBNZ expects fuel to lift inflation to 4.4% in the December quarter, but the majority chose to look through the direct effects for now, betting that weak demand will limit pass-th…
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Plan for multibillion-pound Sizewell nuclear plant a ‘terrible deal’ for UK taxpayers, MPs say
The public accounts committee has said the risk to billpayers is ‘extraordinary’
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Budget 2026: six charts that reveal the economic realities facing the chancellor
From tackling the youth jobs crisis to repairing Brexit’s economic damage, John Healey has his work cut out for him
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Homes across UK to get low- or no-interest loans to fund solar panels and heat pumps
Government-backed Warm Home Loans scheme to help households cut energy bills by hundreds of pounds
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‘Meaningless as a laptop screensaver’: reviewers slate Musk’s AI-made Odyssey film
Elon Musk has released an AI-generated rival to Christopher Nolan’s The Odyssey after pledging to make a version “true to the art of Homer”.
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Bottled water and tinned food sales surge after UK government issues emergency stockpile advice
Retailers also report jump in purchases of wind-up radios and torches to deal with extreme weather and cyber-attacks
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Bullseye Financial Ltd enters administration
On 23 October 2026, Bullseye Financial Ltd (Bullseye Financial) entered administration. Robert Young of Azets Holdings Limited and Matthew Haw of RSM UK Restructuring Advisory LLP were appointed as joint administrators.
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Kylian Mbappé apologises after being dropped by Chinese brands for Mao Zedong comment
Kylian Mbappé has apologised after the Real Madrid forward was dropped by major Chinese brands for apparently joking about Mao Zedong in a video that has gone viral. There were also signs of broader repercussions, with …