1 hour ago Benefits claimants in Britain's 'most deprived' seaside town are 'absolutely delighted' with Rachel Reeves' £16billion Budget giveaway

Unemployed people in Jaywick, Essex, are celebrating after the Chancellor ceded to Labour MPs' demands for more benefits handouts.

Economics

2 h. ago Want a $200,000 salary, world travel, free food and accommodation? The one career you might never have heard of

Recent graduates of the U.S. Merchant Marine Academy say many young students don’t know becoming a sailor is even an option

Economics

14 h. ago Better off on benefits under Labour: Salary of £71,000 needed to match handouts haul for bigger families after two

Calculations from the Centre for Social Justice have laid bare the impact of Labour's decision to axe the two-child cap.

Economics

62 h. ago Fury over Police Federation boss £700,000 salary and 100% bonus as he takes home more than any other union leader in Britain

Mukund Krishna, chief executive of the Police Federation of England and Wales, received a total annual remuneration of £701,100 for each of 2024 and 2025.

Economics

64 h. ago Working people DON'T like the Budget! Poll finds public think Labour's package is unaffordable and unfair

Chancellor Rachel Reeves' Budget package was widely regarded as unfair and unaffordable, according to a poll.

Economics

3 d. ago By ending a cruel Tory social experiment, this budget clearly set out how Labour will fight the battle to renew Britain | Lucy Powell

The two-child benefit cap was a totem of 14 years of failed ideology. Now it is goneLucy Powell is deputy leader of the Labour partyYesterday the chancellor, Rachel Reeves, delivered a Labour budget. People have been asking for Labour’s purpose and values to be more clearly expressed. Through the choices made – a shift to a fairer tax system, targeting wealth to pay for tackling child poverty, good public services and the cost of living – we have clearly set out what we stand for.That’s why Labour MPs cheered in the Commons, and it’s why we are up for the fights to come. And it’s why the cries from the right began immediately.Lucy Powell is MP for Manchester Central and deputy leader of the Labour partyDo you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...

Events

3 d. ago I earn £93,000 and salary sacrifice £620 a month in my pension, what will the cap cost me?

In the Budget the Chancellor announced a future restriction on the National Insurance benefit of salary sacrifice pension contributions. Here's what you need to know.

Economics

3 d. ago 'How can we believe anything you say?' Susanna Reid confronts Reeves over tax rise broken promises as Chancellor fails to rule out MORE taxes

Chancellor Rachel Reeves was challenged by Susanna Reid on how anyone could 'believe anything you say' as she toured broadcast studios defending her raid.

Events

3 d. ago Pull the other one, Chancellor! Reeves insists £30bn Budget tax hike was the 'absolute minimum'... despite OBR watchdog downgrade being just £6bn and huge sums going on benefits

Chancellor Rachel Reeves said she 'had' to impose more pain on the country even though the Treasury's own watchdog only told her there was a £6billion hole in the public finances.

Economics

4 d. ago Reeves has swung a huge sledgehammer that'll wipe £37,000 off your pension

The Chancellor has launched a stealth attack on 'salary sacrifice' company pensions, with a new £2,000 cap on the pension contributions that can be made with tax breaks.

Economics

4 d. ago Highest tax burden in history to fund Labour benefits splurge: One in four to pay higher rate tax, pensions whacked and new property levies

In scenes of high farce at Westminster, an ashen faced Chancellor was left scrambling after her crucial package was leaked before she even had a chance to deliver it to MPs.

Economics

4 d. ago Labour Government scrapped two child benefit cap after “personal campaign” by Anas Sarwar

Daily Record Political Editor Paul Hutcheon says the Budget was good for Scottish Labour and gives Anas Sarwar gains to take to voters.

Politics

4 d. ago Workers and businesses ‘will feel pain from £2,000 salary sacrifice cap’

Salary-sacrificed pension contributions above an annual £2,000 threshold will no longer be exempt from national insurance from April 2029.

Economics

4 d. ago What Reeves' devastating pensions raid means for you, the people who will be thousands worse off

The Chancellor has launched a stealth attack on 'salary sacrifice' company pensions, with a new £2,000 cap on the pension contributions that can be made with tax breaks.

Politics

4 d. ago Rachel Reeves confirms £2,000 cap on salary sacrifice pensions from April 2029

Rachel Reeves' Budget introduces a £2,000 annual cap on salary sacrifice pension contributions from April 2029, with amounts above this losing National Insurance exemption

Economics

4 d. ago Red alert! Reeves heads for Commons as she braces to smash tax vows and ramp up benefits in Budget despite admitting Britain is 'angry'

Chancellor Rachel Reeves brandished her red box outside 11 Downing Street as she gears up to impose another scorching round of tax hikes in her big set-piece at 12.30pm.

Economics

4 d. ago Big tax or bust: Reeves admits Britain is 'angry' as she braces to smash vows to 'working people' and ramp up benefits in Budget TODAY

Chancellor Rachel Reeves is gearing up to impose another scorching round of tax hikes in her big set-piece at 12.30pm as she desperately tries to fill a black hole in the finances.

Economics

5 d. ago Major airports cancel ALL flights tomorrow affecting hundreds of British passengers

ALL flights are being cancelled at two major European airports tomorrow and it affects Brits. A national strike is currently taking place across Belgium, affecting public transport. The walk out follows new laws that would change labour laws including benefits and pensions, put forward by Prime Minister Bart De Wever to tackle the country's growing...

Transport

7 d. ago 2.6 million people in London and South East to be hit by stealth income tax with Reeves Budget raid

The Chancellor is set to continue the income tax thresholds freeze, first introduced in 2022 by Rishi Sunak, until 2029/30

Economics

1 week ago Departing MPs were handed over £14MILLION in payoffs and 'winding up' salary after election

The Commons watchdog has given details of the costs of the huge political bloodbath that swept Keir Starmer to power.

Economics