The Papers: 'Panic at No 10' and investors 'lose faith' in Budget

Investors 'lose faith' in UK Budget as Chancellor Rachel Reeves hints at tax U-turn, causing panic at No 10. The Treasury plans to extend freeze on income tax thresholds until 2030, potentially leading to pensioners paying tax for the first time. Property tax changes may impact the middle class, while market jitters blamed on rebel MPs by No 10.