45 m. ago £14,000 handouts to 18,000 families: Rachel Reeves's Budget will raise taxes to fund benefits windfall

Official figures show the Chancellor's Budget plan to scrap the two-child benefit cap will be worth more than £14,000 a year each to 18,000 low-income families with six or more children.

Economics

75 m. ago Supermarkets warn of higher food bills after Chancellor's business rates U

The country's biggest retailers, including Tesco and Sainsbury's, have been calling on the Chancellor to exempt grocers from her plans to raise taxes on about 4,000 shops.

Events

5 h. ago Reeves says she is ‘pushing ahead with biggest drive for growth’ ahead of Budget

The Chancellor is set to deliver her second Budget on Wednesday, when she has warned she will raise taxes to fill a black hole in the public finances.

Politics

6 h. ago National Insurance rise adds £8m to West Lothian Council wage bill

At a meeting of the full council, SNP opposition group leader Councillor Janet Campbell branded the increase a “jobs tax” and raised a motion demanding the council write to Rachel Reeves, the Chancellor of the Exchequer, asking for its revoke.

Economics

14 h. ago Fizzy drinks to go up in price as Labour 'milkshake tax' becomes the first money grab of the Budget

In the first salvo of the Budget raid on Britons, Wes Streeting announced that the exemption for pre-packaged milk-based drinks is being scrapped.

Economics

15 h. ago Labour ramps up 'sugar tax': Milkshakes, lattes and more soft drinks face price hikes to raise £100m

Wes Streeting announced that the exemption for pre-packaged milk-based drinks is being scrapped.

Economics

17 h. ago BMWs and Mercedes are removed from Motability scheme after Rachel Reeves said leasing luxury cars to disability claimants is 'unfair' to working families

Motability announced it will 'immediately' stop offering the luxury models, in addition to cars made by Audi, Alfa Romeo and Lexus.

Society

18 h. ago Milkshake and latte lovers brace for price hikes as Labour extends 'sugar tax' to raise £100m

Wes Streeting is poised to announce that the exemption for pre-packaged milk-based drinks is being scrapped.

Economics

30 h. ago Spare Brits a ‘hammer blow’ fuel duty hike in Budget, MPs and industry bosses beg Rachel Reeves

RACHEL Reeves is facing a last-ditch plea to spare drivers a fuel duty hike in her tax-raising Budget. The Chancellor is weighing up scrapping the 2022 temporary 5p cut while pressing ahead with a 3p-a-mile charge for EVs. MPs and industry chiefs warn the move would pile costs on families struggling with bills. The AA...

Economics

33 h. ago Ending tax breaks on private jets could raise £2.7bn, new analysis reveals

Charity calls to bring taxes in line with economy class flights, with many private jet passengers currently paying minimal air passenger duty, no VAT and no fuel duty on polluting aviation fuel

Economics

38 h. ago Disposable income falls for fourth month in a row with a fifth of Brits unable to pay bills ahead of Rachel Reeves' tax raising budget

Low and middle-income families who make up 60 per cent of households face a continued squeeze on discretionary incomes when compared with a year ago, according to Asda's income tracker.

Economics

42 h. ago Budget 'will revalue 2.4m homes' to raise council tax AND introduce a 'mansion tax' to fund £15bn benefits splurge including axing of two

Chancellor Rachel Reeves is putting the final touches to another grim package, despite promising just a year ago that she would not be back for more taxes.

Economics

51 h. ago Rachel Reeves 'can't tax her way to growth', warns head of CBI as Chancellor set to raise taxes to highest level in modern history

In a last-ditch plea ahead of Wednesday's Budget, the head of Britain's biggest business group will warn the Chancellor: 'You will never be able to tax your way to growth.'

Events

3 d. ago Rachel Reeves pledges to support working families and reduce waiting times with looming Budget

The chancellor is widely expected to raise levies on Wednesday to help close a multi-billion pound spending gap

Economics

4 d. ago Voters could abandon centrist parties if budget fails, warns former cabinet secretary

Simon Case says voters will look elsewhere if chancellor cannot find solutions to tax, spending and debt problemsVoters will look elsewhere if Rachel Reeves does not use next week’s pivotal budget to show that “centre-ground” politicians can fix the UK’s entrenched economic problems, the former head of the civil service, Simon Case, has said.Case told the Guardian that at the time of last year’s general election, when he was still cabinet secretary, he believed Labour would be forced to break its manifesto promise to not raise taxes because of the state of the public finances. Continue reading...

Events

4 d. ago Andy Burnham says how long it will take for £1bn fund to be felt across Greater Manchester

More than 30 projects - three in each borough - have been named as the first to benefit from the £1bn fund

Economics

5 d. ago Starmer says Budget ‘based on fairness’ with crackdown on illegal working

Chancellor Rachel Reeves is widely expected to raise taxes on November 26 in order to fill a multi-billion pound gap in her spending plans.

Economics

6 d. ago Labour ‘planning council tax hike of 10% for millions’ avoiding referendum as some regions in UK set to reap more cash

LABOUR MPs are looking at hiking council tax by 10 per cent for millions of Brits in regions of the UK without a referendum, The i Paper reports. This will mean local authorities in London could raise their council tax rates above the 5 per cent cap that is currently set without public vote. The...

Economics

6 d. ago Budget 2025: Is Rachel Reeves planning to raise income tax next week?

Rachel Reeves will announce the full extent of her plans for the economy at the Autumn Budget

Economics

6 d. ago Mapped: Where mansion tax could hit as Reeves looks at raising council tax rates

Around 310,000 high-value homeowners could be hit by proposals to tweak council tax bands

Events