8 h. 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

17 h. ago Pensioners could pay £380 a year EXTRA in tax under Rachel Reeves’ Budget plot

MILLIONS of pensioners face paying an extra £380 a year in tax under Rachel Reeves' Budget plans. The Chancellor is expected to increase income tax by 2p in her Autumn Budget, while cutting National Insurance (NI) payments by 2p for earnings under £50,270. This would ease the burden on workers, as the income tax hike...

Economics

19 h. ago How does salary sacrifice work and is this handy pension perk under threat in the Budget?

Reeves looks set to cap the sum workers can pay into pensions via salary sacrifice without incurring national insurance contributions.

Economics

35 h. ago Almost 9million pensioners to be hit by Rachel Reeves's income tax raid as Chancellor 'tells Budget watchdog she will break Labour's manifesto pledge'

The Chancellor has paved the way for fresh levy hikes later this month after she used a Downing Street speech on Tuesday to warn Britons: 'Each of us must do our bit.'

Economics

39 h. ago Almost 9million pensioners to be hit by Rachel Reeves' income tax raid as Chancellor 'tells Budget watchdog she will break Labour's manifesto pledge'

The Chancellor has paved the way for fresh levy hikes later this month after she used a Downing Street speech on Tuesday to warn Britons: 'Each of us must do our bit.'

Economics

42 h. ago Tax raid on UK partnerships to be less aggressive than feared

Senior City figures have been reassured that accountancy and law firms will not pay full national insurance rate

Politics

44 h. ago 2p or not 2p? Rachel Reeves 'tells Budget watchdog she plans to break Labour's manifesto' as Chancellor mulls 'putting 2p on income tax while cutting 2p from National Insurance'

The Chancellor is said to have told the Office for Budget Responsibility (OBR) that a rise in personal taxation is one of the 'major measures' she is planning to announce.

Economics

44 h. ago Rachel Reeves reveals she's planning to increase income tax at the Budget

The move would break one of Labour’s core manifesto promises in an attempt to close the black hole in public finances Reeves’ government inherited

Economics

45 h. ago State Pension payment delays for older people set to retire before year ends

The first State Pension payment might also be higher or lower than expected even with full National Insurance Contributions.

Economics

46 h. ago Bombshell signal Rachel Reeves plans to increase income tax in Budget

Rachel Reeves has reportedly told the Budget watchdog that she is planning to hike income tax in her November 26 statement, in the clearest sign yet of the Chancellor's plans

Economics

60 h. ago Labour's new deputy leader warns party not to break tax manifesto promise

Former Cabinet minister Lucy Powell says it is important for Keir Starmer's government to stand by the promises made before Labour's landslide election victory

Events

60 h. ago Labour’s new deputy leader warns Rachel Reeves not to break manifesto pledge and raise taxes

Keir Starmer’s new deputy, who replaced Angela Rayner, also demanded urgent action on the controversial two child benefit cap in the Budget

Events

61 h. ago Lucy Powell says Labour must stand by promise not to raise key taxes

New deputy leader also calls on government to lift two-child benefit cap urgently and in full• UK politics live – latest updatesLucy Powell, Labour’s new deputy leader, has said the government should stand by its manifesto commitment not to raise income tax, national insurance or VAT, amid signs that it may be preparing to break that promise.Powell, who left Keir Starmer’s cabinet in the reshuffle before being elected deputy leader last month, said the budget needed to be about putting more money, not less, into ordinary people’s pockets. Continue reading...

Politics

62 h. ago Labour civil war as new deputy leader warns manifesto vow not to hike income tax MUST be kept

Rachel Reeves and Keir Starmer have been dropping heavy hints that the pledge not to increase income tax, national insurance or VAT might be jettisoned at the Budget .

Events

3 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

3 d. ago M&S profits dive 99% after cyber attack but cost is LESS than forecast

M&S profits have plunged in the fallout from a major cyber attack on top of a £50million hit from Rachel Reeves' national insurance hike.

Economics

3 d. ago Chancellor under rising pressure amid warning UK finance blackhole must be plugged ‘with 2p income tax hike’

Rachel Reeves has given strong indications she will break Labour’s manifesto promise not to raise taxes on “working people” at her Budget on November 26

Events

3 d. ago M&S profits dive after cyber attack but cost is LESS than forecast

M&S profits have plunged in the fallout from a major cyber attack on top of a £50million hit from Rachel Reeves' national insurance hike.

Economics

4 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

4 d. ago Brexit, Trump, Covid, the Tories: All the things Rachel Reeves blamed for breaking Labour's promise not to put up your taxes... and the one person she didn't!

The Chancellor refused to recommit to Labour 's manifesto promise not to increase income tax, National Insurance or VAT.

Politics