Labour

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Government to Cut Departmental Capital Budgets by £3 Billion to Close Defence Funding Gap

The Treasury will reduce departmental capital budgets by a further £3 billion and use £1.7 billion from its reserve to close the outstanding Defence Investment Plan funding gap.

By Staff member • 29 October 2026 • 3 min read

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Labour

Britain Announces More Than £10 Billion in Additional Ukraine Support, Including £500 Million for Air Defences

The Treasury has announced more than £10 billion in additional support for Ukraine, including £500 million for air defences, World Bank-backed economic support and expanded export-finance capacity.

Staff member • 29 Oct 2026 • 3 min read

Labour

UK-Wide Vaping Crackdown Comes into Force as Government Bans Under-18 Sales, Giveaways and Vending Machines

New UK-wide rules ban under-18 sales of all vaping and nicotine products, promotional giveaways and customer-accessible vending machines from 29 October 2026.

Staff member • 29 Oct 2026 • 3 min read

Labour

Government Ends Two-Year Tax Deadline on Inherited Pension Payments Following Civil Service Pensions Crisis

The Government is removing the two-year tax deadline for qualifying pension death benefits after parliamentary concern over delays in Civil Service Pensions payments.

Staff member • 29 Oct 2026 • 3 min read

Labour

Chancellor Scraps Planned Cash ISA Cut as £20,000 Tax-Free Allowance Retained

The Chancellor has cancelled plans to reduce the Cash ISA limit to £12,000 for under-65s, keeping the £20,000 annual allowance for all adult savers from April 2027.

James Ashcroft • 29 Oct 2026 • 2 min read

Labour

Government Confirms National Living Wage Will Rise to £13.21 an Hour from April 2027

The National Living Wage will rise by 3.9% to £13.21 an hour from April 2027, with increases also confirmed for younger workers and apprentices.

Staff member • 29 Oct 2026 • 2 min read

Labour

Government Confirms English Mayors Will Retain 20% of Business Rates from April 2027

English mayors will receive a 20% share of business rates revenues from April 2027 as ministers unveil a fiscal devolution roadmap for local government funding.

Staff member • 29 Oct 2026 • 3 min read

Labour

Government and Rolls-Royce Announce £2.5 Billion Jet Engine Programme to Strengthen British Aerospace Industry

Government and Rolls-Royce announce a proposed £2.5bn, ten-year jet engine technology programme to support 3,300 jobs, with future funding subject to approvals.

James Ashcroft • 29 Oct 2026 • 4 min read

Labour

OBR Cuts UK Growth Forecast for 2027 to Just 1% as Household Living Standards Face Further Pressure

The OBR forecasts UK growth of just 1% in 2027, with inflation set to peak at 3.8% and real household disposable income per person falling in 2026–27.

Charlotte Mercer • 29 Oct 2026 • 3 min read

Labour

Government Announces £100 Million Fund to Cut Public Electric Vehicle Charging Costs

The Government will provide £100 million over two years from spring 2027 to lower the cost of local, lower-powered public EV charging, with estimated savings of £150 a year for affected drivers.

Staff member • 29 Oct 2026 • 2 min read

Labour

Government Confirms 20% Cut to Whitehall Administration Budgets as £595 Million in Additional Savings Targeted

The Government has increased its planned real-terms reduction in departmental administration budgets from 16% to 20% by 2029–30, targeting an extra £595 million in annual savings.

Charlotte Mercer • 29 Oct 2026 • 2 min read

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Government to Cut Departmental Capital Budgets by £3 Billion to Close Defence Funding Gap

Latest articles

Britain Announces More Than £10 Billion in Additional Ukraine Support, Including £500 Million for Air Defences

UK-Wide Vaping Crackdown Comes into Force as Government Bans Under-18 Sales, Giveaways and Vending Machines

Government Ends Two-Year Tax Deadline on Inherited Pension Payments Following Civil Service Pensions Crisis

Chancellor Scraps Planned Cash ISA Cut as £20,000 Tax-Free Allowance Retained

Government Confirms National Living Wage Will Rise to £13.21 an Hour from April 2027

Government Confirms English Mayors Will Retain 20% of Business Rates from April 2027

Government and Rolls-Royce Announce £2.5 Billion Jet Engine Programme to Strengthen British Aerospace Industry

OBR Cuts UK Growth Forecast for 2027 to Just 1% as Household Living Standards Face Further Pressure

Government Announces £100 Million Fund to Cut Public Electric Vehicle Charging Costs

Government Confirms 20% Cut to Whitehall Administration Budgets as £595 Million in Additional Savings Targeted

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Follow the stories that matter to you.

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