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Autumn Budget 2024: When it is and what experts predict will happen - from tax rises to

Sir Keir Starmer has laid the groundwork for an increase in taxes after warning the Autumn Budget on 30 October will be 'painful'. Increases to income tax, national insurance and VAT have already been ruled out, making it harder to balance Britain's books. With the Chancellor delivering her first Budget today, we look at what Rachel Reeves could unveil, who might pay more tax and whether their plans will work.

The number of heat pumps in the UK has been increasing, as households attempt to reduce their emissions and cut bills - but the upfront cost is a barrier.

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BUSINESS LIVE: Markets brace for Budget; Next profits to top £1bn; GSK vaccine sales fall

Among the companies with reports and trading updates today are Next, GSK, Aston Martin Lagonda and CAB Payments. Read the 30 October Business Live blog below. Chancellor Rachel Reeves will later today announce what is expected to mark the  biggest round of tax hikes in 30 years, as well as billions of pound of extra borrowing.

The Chancellor will hit corporate Britain with an increase in employer NI contributions of up to 2p having previously branded the levy a 'tax on jobs'.

The luxury automaker reported pre-tax losses of £12.2million for the three months ending September, compared to £117.6million over the same period last year.

Online trading platforms such as CMC Markets and IG Group were hit by speculation over what might happen to capital gains tax.

Chancellor Rachel Reeves (pictured) and colleagues see building more houses and better infrastructure as keys to economic expansion.

The German sportswear company said it enjoyed a better-than-expected third quarter thanks to both clothing and footwear divisions doing well.

My laptop died when I fell in a canal, but Currys won't fix it for free: SALLY SORTS IT

In August I had an unfortunate accident and fell into a canal along with my rucksack containing my laptop, which unsurprisingly was damaged by the water. Since I have a Currys' Knowhow Care Plan purchased at the same time as my laptop in 2015, I thought my device would be covered. I took it to a store in London to have it repaired for free. However, Currys refused to properly honour the contract. This has worsened my already traumatic experience. Can you help? Sally Hamilton replies...

I want to share my father's inheritance with my son and husband: Do we have to pay tax?

I am waiting for an inheritance from my father who passed away a while ago and his estate is going through Probate at the moment. I would like to give our son a third of what I receive. My husband will receive the other third. Can I give my son this money, and will either of us be taxed? What can we do to mitigate this if so?

The house price at which home buyers start paying the tax will revert to the level set before temporary changes were made in 2022, so more will be drawn into the net.

2024's most controversial car: Ford caused uproar by announcing its new electric SUV is

The controversial new Ford Capri - which has garnered a lot of online outrage - has finally launched. The EV coupe-SUV is a.£48k family car with 389 miles of range. We went to Marseille to give it its global first drive to see if it is worthy of carrying one of the greatest British car nameplates of all time.

Owning a home is once again much cheaper than renting, as falling mortgage rates widen gap

The monthly cost of owning a home is once again much cheaper than renting, as lower mortgage rates tip the balance further in favour of first-time buyers. Research by the property website Zoopla found that the average monthly mortgage cost for a typical first-time buyer home is now 17% cheaper than the average rent - though of course buyers may need to save a substantial deposit.

China has been plunged into a major financial crisis - this is how it could damage the

China is in a major economic crisis - perhaps the most serious since it set out on its dizzying trajectory of economic growth more than four decades ago. Millions of consumers and investors are anxiously waiting to see how the authorities will respond. This is not just a debacle unfolding thousands of miles away. If you own one of a number of major China-linked stocks or a FTSE 100 tracker, then you should be paying attention. And even if your portfolio is not exposed, you should still care about China. The sheer scale of the Chinese economy means it matters to us all.

It seems Treasury civil servants tasked with steering the Chancellor through the Budget have been whispering ideas into her ear that she should exclude their pensions from her tax raid.

I will be 66 on 1 April 2026. Under the changes that the Government are about to make will I get my pension or will I have to wait another year?

Why millions of letters could soon take even longer to arrive via Royal Mail

Royal Mail will take longer to deliver millions of business letters as part of a trial ahead of official changes to regulations. The Ofcom watchdog will consult on an overhaul of postal services next year, including plans to cut second-class deliveries to every other working day.

Employers currently pay National Insurance of 13.8% on a worker's earnings above £175 a week, but this is expected to rise in the Budget.

Autumn Budget 2024: How to protect YOUR savings, investments and pension as Chancellor

Financial experts say it is important not to panic, but there are a few simple tweaks you could still make to protect your cash from a tax grab. We look at what potential changes might be in store and some of the changes that you can make ahead of the Autumn Budget.

As we wait with bated breath to see what financial rabbits Rachel Reeves pulls out of her Budget hat, many people are making provisions for scenarios that might never happen.

My wife insists that we should combine our bank accounts now we are married - but I'm

My wife insists we should combine our bank accounts now we are married. We are both on our second marriage and didn't really talk about how we wanted to handle finances as we've been quite relaxed about our lives ahead, and with our kids almost grown-up. I feel resistant to the idea, but I am not sure why. She hasn't been irresponsible with money or anything like that. It's more about the timing of her demand that's making me uncomfortable. Money psychotherapist Vicky Reynal has the answer...

Public sector defined benefit pension schemes are far more generous, yet surely the answer isn't to drag the former down too? Plus, sneaky tax, rate forecasts and lifetime Isas.

We explain what you need to know about income tax, how fiscal drag is making us all pay more - and how top earners end up paying a huge chunk.

Next profits to top £1bn for first time ever after cold weather boost

Next has said it is on track to make over £1billion in profit this year after upping its outlook for the third time in three months. Tesco, Marks & Spencer and B&Q owner Kingfisher are the only other listed UK store chains to have raked in £1billion in profits in a single year. Next cheered a colder weather boost to sales of its autumn and winter ranges, with full-price sales rising 7.6 per cent in its third quarter to 26 October.

Chief exec Elhedery (pictured) pushed back against speculation that his major overhaul of HSBC was a step towards spinning off parts of the bank.

The conflicts in the Middle East and Ukraine have underlined the importance to all our lives of energy security and put fossil fuels back on the agenda.

Hargreaves said it brought in £500 million in net new business in the three months to September 30, compared with £600m in the previous quarter.

The US group's revenues dropped 1.5% over the three months to September 30, held back by weak demand in the UK and France.

Volkswagen to lay off tens of thousands of staff, cut salaries and close three factories

Europe's biggest car maker has been negotiating for weeks with unions over intentions to revamp its operations and slash costs as the manufacturer responds to headwinds in the motor industry. A recent slowdown in uptake of electric vehicles and the emerging popularity of cheaper Chinese brands in Europe has forced the German powerhouse to consider factory closures on home soil for the first time.

The US, in contrast to most of the rest of the wealthy Group of Seven economies, is doing fine - but for ordinary folks the scars of the cost of living still live on.

Analysts at investment banks across the City expect the Treasury to announce plans to take on some £300billion of new debt this year through the sale of gilts.

Rumoured plans to axe a lucrative tax break for investors in small firms could further diminish London's shrinking small-cap market, a fund manager has warned.

Chancellor Rachel Reeves is expected to hike charges on passenger air travel in tomorrow's Budget, with some decrying the move as a 'holiday tax'.

Banks now offer coffee bars and 'work hubs' but will it help them stay open? TOBY WALNE

Banks are offering coffee bars and free work spaces in a bid to attract customers to branches. And you don't even have to be a customer to use them. More than 6,000 bank and building society branches have closed since January 2015, reports consumer group Which? Growing numbers of those remaining are reinventing spaces to stay relevant and secure survival. Could fresh coffee save struggling high street outlets or just delay the inevitable? Toby Walne visits three to find out.

Hayes starred in three Cliff Richard films as well as It Ain't Half Hot Mum - but says that today he doesn't make a penny from the hit Summer Holiday.

The 20 per cent increase in fees - which typically range from £6,000 to £13,000 a term - is affecting negotiations of 'school fees orders', explain lawyers.

Voucher giant Buyagift has 8,000 unhappy customers: TONY HETHERINGTON investigates

Buyagift has taken £200 from my banked vouchers. There is no way of contacting anyone except online and they are not answering. We have saved these gift vouchers so my 81-year-old husband and I can have a few days away. I don't know where to turn if Buyagift won't even speak to me.

Leading high street retailers have been accused of excluding millions of customers from lower prices due to loyalty scheme restrictions.

EXCLUSIVE

Criminals are using secret channels to sell Nectar card balances to defraud unsuspecting customers, This Is Money can reveal.

House prices to rise in 2025 as buyers could get bigger mortgages

House prices could rise significantly next year, according to one mortgage lender, as buyers' borrowing power will get a boost from falling interest rates. Experts at MPowered Mortgages think that if the base rate falls as low as 3.5% - like some analysts are predicting - some mortgage borrowers could find themselves able to borrow up to 18% more. Landlords would also benefit from the combination of lower interest rates and higher rents, meaning their profits could be set to increase.

Mortgage preferences have shifted from five to two years, as borrowers predict rates will fall by 2026 - but experts say they could remain static.

EXCLUSIVE

Landlords are bracing themselves for being targeted by Chancellor Rachel Reeves in the Budget next week after the Prime Minister suggested the group are not 'working' people.

Trump victory would be good for shares - but bad for bonds, says HAMISH MCRAE

The markets here are nervous - and understandably so - about Chancellor Rachel Reeves's Budget on Wednesday. On a global level, one would naturally expect markets to be jittery about another event that is also just a few days away, namely the outcome of the US election. That's more important for us too, not just our American cousins. So what should we think about that?

JEFF PRESTRIDGE: Rachel Reeves's Budget is going to be a horror show of Frankenstein proportion. For those of you with delicate constitutions, I advise you not to watch it

Chancellor Rachel Reeves may not be the UK's most popular person later this week, but to her credit she has always been vocal about what she believes this country needs.

PETER HAMBRO: How to buy gold at a discount

At today's gold price of $2,733/Oz, just a single 400 Troy Ounce 'Large Bar' will cost you $1 million, or £840,000. The gold mining companies whose shares are traded on the world's stock exchanges can be valued by measuring their published resource and reserve ounces of gold and the Stock Exchanges have specific ways in which these can be measured and published.

My wife and I are in our mid 50s and currently have two houses. Can we gift our sons £3,000 worth of equity in the house each year until it is theirs?

Boss Stephen Burns said revenues for the year to September 30 will exceed £230 million, fuelled by a strong performance from Canada.

RAY MASSEY: Jaguar in last-chance saloon with 'jaw-dropping' new electric car

Legend has it that cats have nine lives. Well Jaguar may now be risking its ninth and final life in an all-or-nothing gamble for its existence. Many seasoned motor industry observers believe so. It is one of three new EV models on which the leaping cat firm is staking its entire future as a fully electric-only and more upmarket brand, with prices starting from just under £100,000 - or double that of the average current Jaguar - up to £120,000.

The Mercedes is one of 29 lightweight aluminium-bodies examples of the German marque's most famous sports cars, but it's not had the cherished life it arguably deserved.

The Treasury is raking in more than £43billion a year from motorists, it has been revealed ahead of this week's Budget and the expectation for drivers to suffer hiked outgoings.

How nostalgia for 90s toys like Furbys could mean you're sitting on a small fortune

If you have a load of these toys lying around from when you were a kid in the 90s, you could sell them for much more than you bought them for. Ebay says some toys can sell for over £50, notably the Star Wars lego job lot which has an average selling price of £52.

Pensions are treated generously by the taxman when people die, especially before age 75 but even afterwards. What are the rules and how might they change?

Britain's biggest building society is offering the loan to its mortgage customers as an incentive to improve their home's eco credentials. Is it a good deal?

Best stocks & shares Isas: Pick the right investment account

Choosing the right DIY platform is crucial but a wealth of choice and a variety of charges can leave investors scratching their heads. We pick some of the best. We pick some of the best. We also highlight why investing in an Isa makes sense, as it should protect your hopefully growing investments from tax forever.

Fixed mortgage rates are continuing to fall back from their summer peak, with a number of fixed rates deals now less than 5 per cent.

If you are planning on investing, or just want to know more, we tell you the 10 essential things to consider for a successful buy-to-let investment

We pick our five favourite cash Isas for savers. This is essential reading to help you choose a top savings account for your money that can also protect you from tax.

We asked trusted experts to recommend the best funds that cover different investment sectors - and included This is Money's selection of active and passive options too.

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