28 h. ago 2025 Budget: Rachel Reeves hints at UK tax increases despite election promise

Millions of UK workers could see more of their wages taxed 💷

Politics

47 h. ago Rachel Reeves drops strongest hint she will raise income tax and scrap two child benefit cap

The Chancellor said sticking to manifesto commitments on tax would lead to deep cuts.

Politics

47 h. ago Chancellor Rachel Reeves drops two major Budget hints on tax and benefits

Chancellor Rachel Reeves indicated the government will scrap the cruel two-child benefit limit at the Budget on November 26 to lift hundreds of thousands out of poverty

Economics

52 h. ago Mutinous Labour MPs warn Rachel Reeves of electoral meltdown if she breaks manifesto pledge with 2p tax hike

Rachel Reeves has been dropping heavy hints that income tax could go up in the package on November 26 - despite the move being explicitly ruled out in the manifesto.

Events

3 d. ago Left bullied Starmer to back mansion tax: PM opposed levy on large homes but caved in to appease class warrriors in the Treasury

At last year's general election , Labour promised not to increase national insurance, income tax or VAT on those 'working people'.

Events

6 d. ago Labour MPs turn on Rachel Reeves as Chancellor hints at breaking manifesto pledge not to raise income tax

The Chancellor hinted this week that she is considering a manifesto-busting rise in income tax as she grapples with a black hole in the public finances estimated at up to £30 billion.

Politics

7 d. ago George Osborne issues stark warning to Reeves over tax hikes

The former chancellor described the government as ‘constrained by its promise’ after Labour’s general election manifesto pledged to not increase VAT, national insurance or income tax

Events

7 d. ago Watch live: Lammy faces PMQs grilling after Reeves hints at tax rises

Watch live as David Lammy, Britain’s deputy prime minister, faces Prime Minister’s Questions on Wednesday (5 November).

Politics

7 d. ago 2025 Budget: Rachel Reeves' November UK tax increases explained and what it could cost you

A £50bn gap in the public finances could leave ordinary Brits paying more tax 💸

Economics

7 d. ago Rachel Reeves asked resignation question on LBC after Budget tax rises hint

In a rare pre-Budget speech earlier today, Chancellor Rachel Reeves refused to stand by Labour's election promise not to hike income tax, VAT, or national insurance

Economics

8 d. ago Budget: Pound plummets after Reeves hints at tax rises – but government bonds rally

The chancellor refused to rule out tax hikes and said the upcoming Budget will focus on lowering inflation

Politics

8 d. ago Reeves refuses to say she will stick to manifesto pledge on tax rises and insists she must face world ‘as it is’ – UK politics live

Chancellor says she is focused on priorities for British people in pre-budget speech laying ground for expected tax risesBusiness live: UK borrowing costs fall and pound hits six-month lowReeves says welfare needs to be reformed.There is nothing progressive about refusing to reform a system that is leaving one in eight young people out of education, or employment. I put our public finances back on a firm footing, provided an urgent cash injection into a faltering public services and began rebuilding our economy.But since that budget, the world has thrown even more challenges our way. Continue reading...

Politics

8 d. ago Reeves says UK has suffered ‘years of economic mismanagement’ in speech preparing ground for tax rises – politics live

Chancellor says she is focused on priorities for British people and previous governments have limited UK’s potentialReeves says welfare needs to be reformed.There is nothing progressive about refusing to reform a system that is leaving one in eight young people out of education, or employment. I put our public finances back on a firm footing, provided an urgent cash injection into a faltering public services and began rebuilding our economy.But since that budget, the world has thrown even more challenges our way. Continue reading...

Economics

8 d. ago Reeves to lay groundwork for tax rises in ‘candid’ speech about budget

Chancellor to promise ‘fairness and opportunity’ but will not repeat manifesto pledge on tax, after PM’s hint at breachRachel Reeves will lay the groundwork for a tax-raising budget that could break Labour’s election promise on income tax, in a major speech in which she will be “candid” about the tough choices ahead.The chancellor will give the speech as the markets open on Tuesday, when she will promise to make fair choices at this month’s budget but decline to repeat her manifesto pledge of no rise in income tax, VAT or national insurance. Continue reading...

Economics

8 d. ago Rachel Reeves to set out Budget priorities as major think tank warns tax rises are ‘inevitable’

The chancellor’s address is set to come after weeks of expectation management and growing reports of planned tax rises as she scrambles to fill a black hole of up to £50bn in the public finances

Events

1 week ago Starmer to face cabinet backlash if he breaks manifesto pledge on income tax

Senior ministers fear rumoured plans could backfire significantly with already-weary voters

Politics

1 week ago 2025 Budget: 5 UK Autumn Budget and Rachel Reeves predictions I think will hit your wallet hard in November

A banking expert shares her insight into what could shape the nation’s finances this Autumn 🍂

Events

1 week ago Ministers can raise taxes if they come out fighting. But no one in this cowardly Labour government seems able | Aditya Chakrabortty

Ahead of the budget, Rachel Reeves should be out making her arguments. Instead, there is silence – and a huge opportunity for Labour’s opponentsScroll back three years. The person sitting opposite me is yet to take their place at the top of Keir Starmer’s government. Instead, they are a star of the Labour opposition, for whom power advances or recedes with every poll and front page. They have just done a spot of electoral marketing, a photo op at a supermarket 100 or so miles from Westminster, and what they’ve brought home is the politics of the staff.“They’d all voted for Boris.”Aditya Chakrabortty is a Guardian columnist Continue reading...

Politics

2 w. ago Rachel Reeves hints at tax rises in Budget as she heads to Riyadh in search of trade deal

The chancellor is widely expected to use the Budget to increase taxes once again, with the Institute for Fiscal Studies estimating she needs to find £22bn of tax rises or spending cuts to meet her self-imposed fiscal rule

Economics

2 w. ago Rachel Reeves 'considering breaking Labour manifesto pledge with income tax rise at Budget'

Treasury discussions to fill estimated £30billion gap include possibly adding 1p to basic rate or raising higher or additional tax rates

Economics