Saturday’s newspapers have focused heavily on Rachel Reeves’ budget plans, which include a freeze on income tax thresholds. The i’s headline warns of income tax rises for millions from 2028, while the Financial Times suggests an extension of the freeze on personal tax thresholds beyond 2028 could raise £7bn. The Times takes a similar stance, suggesting that one million people could be drawn into paying tax at higher rates. However, the paper also notes that the chancellor is expected to make a “cash injection” to the NHS.
On the international pages, the i analyses the significance of the death of Hamas leader Yahya Sinwar. Meanwhile, the Financial Times carries an image of unhappy Italian auto workers demanding more EU support for a “green transition.”
The Daily Telegraph has led with warnings of a “tax triple whammy” in Reeves’ budget plans, with potential targets on fuel duty, inheritance tax and frozen income tax thresholds. The paper also focuses on a new NHS gender service in its second lead, suggesting the recommendations of the Cass Review have been ignored.
Finally, the major story in the Daily Mail is Labour’s tax plans, described by the paper as a “raid on your holidays.” However, like many papers, it also focuses on One Direction star Liam Payne, following his untimely death.
Cheryl, Payne’s former partner, pays tribute to him in the aftermath of his fall from a hotel in Buenos Aires. The Daily Mirror leads on this story, with the headline “Cheryl’s heartache.” The Sun also leads on Payne’s death, with a report focusing on his medical issues in the past year
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