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Top 11 united kingdom budget News Today

#1
How Motability cuts went from a rightwing online campaign to Rachel Reeves’s budget
#1 out of 1199.06%
politics2h ago

How Motability cuts went from a rightwing online campaign to Rachel Reeves’s budget

https://www.theguardian.com/world/2025/nov/29/how-motability-cuts-went-from-a-rightwing-online-campaign-to-rachel-reevess-budget
Theguardian.com
  • The government targeted Motability in the budget as the year’s only significant welfare cut, ending £300m a year in tax breaks.
  • Treasury officials say ministers pressured for changes after long‑identified concerns about subsidizing luxury cars.
  • Disability groups and advocates say changes were made without proper consultation and could price some users out of the scheme.
  • Right‑wing social media memes and accounts were cited as fueling opposition to Motability ahead of the budget.
  • Labour leadership defended the reforms, with Reeves saying the changes would be welcomed and protect the scheme’s integrity.
  • The Times initially reported potential VAT changes on Motability, signaling early government considerations.
  • Disability groups warned that premium brand cars are often needed for accessibility and safety.
  • Officials emphasized the change aimed to shield taxpayers while maintaining access to Motability vehicles.
  • Media coverage linked Motability debates to wider welfare policy struggles and political messaging.
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#2
Reeves Scraps The Two-Child Benefit Cap And Delights Campaigners: 'We Won!'
#2 out of 1110.7K est. views
politics1d ago

Reeves Scraps The Two-Child Benefit Cap And Delights Campaigners: 'We Won!'

https://www.huffingtonpost.co.uk/entry/reeves-scraps-the-two-child-benefit-cap-and-delights-campaigners_uk_6926fc63e4b063285311cf59
Huffingtonpost.co.uk
  • Chancellor Reeves announced the two-child benefit cap will be scrapped, starting next April.
  • The policy reversal will be funded by raising taxes on the gambling industry.
  • Campaign groups praised the move as a blow against child poverty and a 'transformational' step.
  • Save the Children UK called the announcement a signal that all children’s lives are valued.
  • Labour MPs welcomed the move, saying it would lift hundreds of thousands of children from poverty.
  • Campaigns from cross-party committees and Greens welcomed the removal of the cap.
  • The Children’s Commissioner called the move a vital first step to transform lives.
  • Officials noted funding the reversal with gambling tax changes as part of the Budget.
  • The announcement drew praise from campaigners and charities focused on poverty.
  • The budget move followed Labour’s stance in the 2024 election, with support from backbenchers.
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#3
How the financial markets reacted to the UK budget (and why they matter)
#3 out of 11
politics1d ago

How the financial markets reacted to the UK budget (and why they matter)

https://theconversation.com/how-the-financial-markets-reacted-to-the-uk-budget-and-why-they-matter-270820
Theconversation.com
  • Markets largely held steady after the budget briefing, with gilts, the pound and stocks showing little movement.
  • A £26 billion tax package helped calm fears of fiscal giveaways, aiding market credibility.
  • Yields declined modestly, suggesting cheaper borrowing costs for the government at the margin.
  • A stable pound supported predictable import costs and inflation control.
  • Credibility remains key; markets reward plans that are coherent, deliverable and long-term aligned.
  • Investors viewed Reeves’s budget as meeting expectations rather than surprising the markets.
  • The report explains markets’ response helps gauge borrowing costs and monetary policy outlook.
  • Market reaction highlighted the importance of fiscal credibility for long-run stability.
  • The article notes the UK still faces a long path to genuine fiscal sustainability.
  • Markets’ muted reaction carries meaning for the broader economy, including inflation control.
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#4
How a 1p pay rise can now cost you £38,000... thanks to the Budget
#4 out of 11
politics1d ago

How a 1p pay rise can now cost you £38,000... thanks to the Budget

https://www.dailymail.co.uk/news/article-15333215/How-1p-pay-rise-cost-you-38-000-just-one-tax-cliff-edges-Budgets-worse.html
Dailymail.co.uk
  • The UK faces tax 'cliff edges' as threshold freezes raise marginal rates for pay rises.
  • For those earning £100,000 to £125,140, the personal allowance is tapered away, yielding a 60% effective rate.
  • A 1p salary rise could cost families up to £38,000 in childcare subsidies and reliefs.
  • Childcare support halves or disappears once income passes £100,000, worsening the squeeze for families with young children.
  • Additional rules, like the ‘high income child benefit charge’ and student loan repayments, push effective rates higher for some families.
  • Experts advise pension contributions or salary sacrifice to reduce taxable income and protect benefits.
  • The report notes England-specific rules, with Scotland applying different thresholds.
  • Rathbones and Quilter provide estimates on how many earners will be affected and by how much.
  • The piece suggests consulting financial planners to navigate thresholds and optimize take-home pay.
  • The analysis concludes the issue is systemic and tied to Budget policy rather than isolated incidents.
  • The article emphasizes the real-world impact on families facing delays in childcare support despite wage growth.
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#5
Northamptonshire business owners give mix reaction to the Budget
#5 out of 11
politics1d ago

Northamptonshire business owners give mix reaction to the Budget

https://www.bbc.com/news/articles/c98n3r716d2o
Bbc.com
  • Local pubs say wage rises and other budget changes will force adjustments in hours and pricing.
  • Small businesses face higher costs due to missing VAT relief, according to pub owners.
  • Two-child benefit cap changes are viewed as potentially easing pressure for large families by a food bank trustee.
  • Free apprenticeships for under-25s praised as a helpful step for British manufacturing.
  • Business owners warn that higher minimum wages may not translate into benefits if costs rise elsewhere.
  • Business owners report potential price increases as a consequence of wage and tax changes.
  • Some leaders welcome free apprenticeships but want more support for manufacturing and business relief.
  • Food bank leadership emphasises potential relief from cap removal but notes ongoing strain from costs.
  • Local business leaders see the Budget as a mixed bag with winners and losers across sectors.
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#6
Is this the ‘change’ that Britain voted for?
#6 out of 11
politics22h ago

Is this the ‘change’ that Britain voted for?

https://www.independent.co.uk/voices/editorials/budget-change-reeves-starmer-welfare-obr-b2873740.html
Independent.co.uk
  • Budget critics say Reeves and Starmer failed to align with the national interest, focusing on Labour MPs' concerns instead.
  • The article argues the Budget increased taxes and welfare spending rather than restraining growth, undermining support for working people.
  • The piece questions lifting the two-child limit and argues for a more balanced use of resources, referencing Sure Start and policy alternatives.
  • The analysis highlights the impact on youth, noting potential harm to future prospects through education funding cuts.
  • The editorial frames Labour and Reeves as encountering credibility issues over tax on working people and income tax rates.
  • The column concludes with a negative verdict on the Budget, labeling it a thumbs down for the nation’s future.
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#7
Bothered Brits
#7 out of 11
politics20h ago

Bothered Brits

https://www.bloomberg.com/news/newsletters/2025-11-28/rachel-reeves-struggles-to-win-over-britons-with-budget-after-raising-taxes
Bloomberg.com
  • Reeves unveils a budget raising taxes to fund public services amid political pressure.
  • She argues the measures are needed to reduce debt and support services.
  • The budget faces skepticism from voters amid economic challenges.
  • Reliefs are outlined for targeted groups within the budget.
  • Reeves aims to persuade Britons ahead of a politically sensitive period.
  • The budget is part of Reeves’ broader plan to chart fiscal path.
  • Public debate centers on the trade-off between taxes and services.
  • The administration emphasizes targeted reliefs within the tax framework.
  • Experts note the budget’s impact on debt reduction timing remains uncertain.
  • Close attention to how measures affect households and services.
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#8
Susanna Reid 'snaps at Good Morning Britain co-host Ed Balls'
#8 out of 11
celebrities19h ago

Susanna Reid 'snaps at Good Morning Britain co-host Ed Balls'

https://www.dailymail.co.uk/news/article-15334907/Susanna-Reid-snaps-Good-Morning-Britain-host-Ed-Balls-fiery-disagreement-not-shown-viewers.html
Dailymail.co.uk
  • Latest: Susanna Reid allegedly snapped at Ed Balls in a fiery off-screen exchange during Budget coverage.
  • The row allegedly occurred behind the scenes as they prepared for the next segment.
  • Sources say the pair usually have a good relationship but tensions allegedly surfaced this week.
  • The report notes Reid is an experienced journalist who has covered Budget week for decades.
  • ITV sources denied on-air tensions, stating the show worked perfectly well during Budget coverage.
  • The article includes background context on Balls’ past role and connection to politics.
  • Budget coverage discussed included Rachel Reeves’ budget announcements and reactions.
  • Viewers previously noted tensions between Reid and Balls in past episodes.
  • The Daily Mail article aggregates multiple related Budget coverage notes and off-air moments.
  • The report emphasizes this incident was not shown to viewers.
  • No official ITV statement has been released about the off-air clash.
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#9
Britain’s wealthy must shoulder burden of rebuilding ‘creaky’ public services, Rachel Reeves says
#9 out of 11
politics13h ago

Britain’s wealthy must shoulder burden of rebuilding ‘creaky’ public services, Rachel Reeves says

https://www.theguardian.com/politics/2025/nov/28/wealthy-shoulder-burden-creaky-public-services-rachel-reeves-chancellor-budget
Theguardian.com
  • Reeves says Britain’s wealthy must shoulder the burden to rebuild creaky public services and invest in productivity.
  • She confirms a £26 billion tax increase in this budget to fund schools, hospitals, and infrastructure.
  • Reeves defended keeping public investment despite the OBR downgrade, saying it protects growth.
  • Reeves says any future chancellor would face the same growth challenges and the ‘dire inheritance.’
  • She rejects the idea that taxes are raised to pay for welfare while lifting the two-child cap.
  • The interview notes ongoing Labour leadership speculation but Reeves downplays unsteadiness in the Parliamentary Labour Party.
  • Reeves defended the OBR as an independent forecaster despite criticism from some ministers.
  • Reeves says employment rights and worker reforms should support growth, not be rolled back.
  • Reeves indicates reforms to SEND funding are planned for early next year but not framed as cost-saving.
  • The Guardian interview discusses the OBR downgrade and its impact on policy and markets.
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#10
PM's rap battle with Sky's Beth Rigby goes viral - and one of the AI satirists behind it explains why
#10 out of 11
politics6h ago

PM's rap battle with Sky's Beth Rigby goes viral - and one of the AI satirists behind it explains why

https://news.sky.com/story/pms-rap-battle-with-skys-beth-rigby-goes-viral-and-one-of-the-ai-satirists-behind-it-explains-why-13476750
News.sky.com
  • The Crewkerne Gazette, a new page, has gone viral for AI-based videos satirising UK politicians amid the budget talks.
  • The team behind the viral clips says the project aims to be a modern, more engaging version of Spitting Image for younger audiences.
  • Creators insist their anonymity is deliberate and that the output, not individuals, drives the satire.
  • The videos spoof interviews and budget debates, including representations of Beth Rigby and the prime minister.
  • Sky News notes the satire aims to engage younger audiences, a shift from traditional political humor.
  • The piece frames AI satire as increasingly common in political content creation.
  • The interview with the anonymous creator discusses safety and the uncertainty about future policy directions.
  • The video content references Sir Keir Starmer and Rachel Reeves in satirical contexts related to the budget.
  • The piece notes the Crewkerne Gazette has been going viral in recent days for their satirical content.
  • The satire also pokes fun at budget items such as storage containers and tax measures.
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