UK politics

UK politics

The Uncensored host then told Carlson he did not feel compelled to say derogatory stuff about gay people to make his points. Carlson said he agreed, but that f*ggot had become a magic word that people are not allowed to use anymore. Morgan then asked him if he would use it. F*ggot? I just did, Carlson said, before firing the word off several times. F*ggot, f*ggot, f*ggot. And I'm using it because you're not allowed to.

As she stood at the dispatch box, Reeves opens by saying it was deeply disappointing and a serious error on their part, meaning the OBR. We are rebuilding our economy, she says, pointing to trade deals with the US, India and the EU, planning reforms, an overhaul of the visa system and a change of fiscal rules to raise public investment to a four-decade high.

Reeves, who is facing the scrutiny of jittery backbench MPs and bond investors, has said her priorities are cutting NHS waiting lists, the national debt and the cost of living. Here are five charts that will underpin her decisions. Chart showing extent of factors Gsuch as disability benefit changes and lower tax revenues contributing to budget shortfall Reeves has committed to operate within an ironclad

Reeves confirmed that income tax and National Insurance thresholds will be frozen until 2031, extending the existing freeze by an additional three years. The move will gradually pull more earners into higher tax bands as wages rise. The annual cash ISA allowance for under-65s will be capped at £12,000, with the remaining portion of the £20,000 limit available only for investment ISAs. Dividend tax rates will rise by two percentage points from April, while all tax rates on savings income will increase from 2027.

Tractors have descended on London ahead of a Budget day protest by farmers despite a ban on the vehicles in Whitehall. Footage showed dozens of tractors rolling down the M4 on Wednesday, while another video showed a stream of the vehicles in the capital. Dozens of the farm vehicles, some draped in Union Flags and St George's Crosses, made their way to the capital despite Metropolitan Police restrictions banning tractors and agricultural machinery from Whitehall.

The 2% increase to dividend tax rates, property and savings (raising over £2 billion) presumably breaks Labour's manifesto pledge not to increase Income Tax. The reduction in the cash ISA limit to £12k will cost a higher rate taxpayer over £140 in income tax (assuming interest rate of 4.5% and no personal savings allowance). The ISA regime has just been made (even more) unnecessarily complicated by having a different regime for over-65s. I understand the logic but this is making a mess of ISAs

"It's truly astonishing that such a market-sensitive document could find its way online via official channels in advance of the Chancellor's speech," he said. "Basic compliance requirements should be in place to prevent this from happening. A complete review is required to understand how and why such a major breach occurred."

Online casinos and bookmakers will pay billions of pounds more in tax under a steep rise in duties levied on their takings from British gamblers. Shares in UK gambling firms began tumbling even before Rachel Reeves announced the change in her budget, after the Office for Budget Responsibility (OBR) which assesses the likely impact of tax changes accidentally published a document confirming that the industry had been singled out for higher taxes.

This budget brings another jobs tax on businesses that adds to the employment cost and will further hit hiring. Organisations have already seen the cost of employment rise with increased employer NICs, and the measures announced today will simply increase those costs further. With job creation well below pre-covid levels, this budget needed to incentivise businesses to hire - but this is simply adding more cost and risk.

Rachel Reeves' reckoning will come from gilt markets

To have my own niece beaten up in the street for being gay. I thought we'd moved on from that. I was absolutely furious, I thought the days of beating up people because they were gay were well behind us.

Pensioners, particularly those who are continuing to work after they have reached retirement age will be amongst the biggest losers from the various tax rises the Chancellor, Rachel Reeves is expected to announce. Many of the tax changes that have been rumoured in the run-up to this Budget could impact pensioners in particular. The so-called 'mansion tax', which might increase the council tax charges on people who own properties in council tax bands F to H,

There was no rise in the rate of income tax. Still, the Budget is likely to push up your tax bill before the end of this parliament. That's because the chancellor has opted to freeze tax thresholds - the point at which you start to pay tax, and the point where you tip into paying a higher rate of tax - for another three years. This is often dubbed a stealth tax because, unlike raising the headline rates, it is not obvious on your payslip.

Experts are warning that Rachel Reeves' decision to cap the National Insurance advantages of pension salary sacrifice at £2,000 a year risks dismantling one of the UK's most widely used workplace savings tools, and may force smaller employers to freeze hiring or scale back staff benefits. The Treasury expects the change to raise £4.7 billion in 2029/30, rising from workers and employers who currently benefit from unlimited NI relief when pension contributions are made via salary sacrifice.