The government has announced a budget that increases spending by £7 billion per year over the next five years, including tax hikes intended to address public finance challenges while boosting investment in the NHS and schools.

Scores of Palestinians, including women and children, have been killed in an Israeli airstrike on an apartment block in the northern Gaza town of Beit Lahiya, as Israel intensifies its military operations in the area.

The government has pledged a new budget to revitalise the NHS, focusing on modernising the infrastructure and ensuring better healthcare delivery for the public.

The Prime Minister is set to deliver a speech defending Labour’s approach to the economy, emphasising the need to embrace fiscal realism, and preparing the public for significant budgetary decisions including potential tax increases and public spending cuts.