The Pall Mall Budget was a weekly magazine published in London from 1868 until 1920. Priced at sixpence, equivalent to about £2.20 as at 2018,[a]Comparing the retail price index. it began as a weekly digest of articles from the Pall Mall GazetteEvening newspaper launched in London on 7 February 1865. It introduced investigative journalism into British journalism, along with other innovations., an evening newspaper launched three years earlier.
In 1893, under the ownership of Lord Astor, the magazine was revamped to become an illustrated weekly under the leadership of the journalist and art historian Charles Lewis Hind (1862–1927).