85 m. ago Labour Left's £120BILLION tax menu: MPs tell Reeves to hike NICs again, target banks and hammer shareholders to fund 'unsustainable' spending splurge

Keir Starmer has urged to raise up to £120billion from Brits by increasing national insurance again, targeting banks and hammering shareholders.

Economics

20 h. ago Brits demand cuts to spending as £30bn Rachel Reeves tax raid looms

The public is demanding spending is cut, not taxes hiked, with Chancellor Rachel Reeves facing a battle to balance the books, fresh polling has found

Economics

23 h. ago ‘Naive and arrogant’: Why a wealth tax in the UK would fail, according to experts

The UK government needs to raise funds – but experts say trying to take more from the rich simply won’t work

Economics

29 h. ago UK finances in ‘vulnerable’ position after reversed spending cuts, says OBR

The Office for Budget Responsibility said the state finances were facing ‘mounting risks’ in the face of growing debts.

Economics

31 h. ago Rachel Reeves warned 'fantasy' wealth tax would drive away investors and fail like Spain's as desperate ministers refuse to rule out left

Alarm is growing about Labour targeting entrepreneurs as the government frantically tries to balance the books.

Events

49 h. ago Voices: The bottom line? Britain simply can’t afford to impose a wealth tax

As battle lines are drawn within Labour over taxing the super-rich, Chris Blackhurst says that the government must resist Lord Kinnock’s siren call to take a 2 per cent slice of asset values above £10 million – because the country’s economic prosperity depends on it

Economics

53 h. ago A wealth tax which would hit London hard is up to Chancellor Rachel Reeves, says minister

The Government is not ruling out new tax rises after a Labour revolt over welfare reforms blew a £5 billion hole in the Treasury’s spending plans

Politics

55 h. ago Imposing a wealth tax which would hit London hard is up to Chancellor Rachel Reeves, says minister

The Government is not ruling out new tax rises after a Labour revolt over welfare reforms blew a £5 billion hole in the Treasury’s spending plans

Politics

3 d. ago Even poorest OAPs face paying income tax in new stealth raid on state pension

Millions of Britain's poorest pensioners face being dragged into an 'old-age tax trap' as Chancellor Rachel Reeves desperately attempts to fill a growing black hole in the public finances.

Economics

3 d. ago Raise taxes or this government will fail, Rachel Reeves’s former top adviser warns

Exclusive: Ex-Treasury minister Jim O’Neill has warned Reeves will have to raise income tax, national insurance or VAT to fill the £5bn black hole left by the welfare climbdown

Events

4 d. ago Rachel Reeves refuses to rule out tax rises to cover scrapped welfare bill

Original welfare proposals had been part of a package expected to save up to £5 billion a year

Economics

4 d. ago Trump news at a glance: President rings in Independence Day by signing his ‘big, beautiful’ bill into law

Democrats warn the major changes will benefit the wealthy and hit low-income earners hardest – key US politics stories from Friday 4 July at a glanceDonald Trump kicked off Independence Day by signing into law his sweeping tax and spending bill during a Fourth of July picnic at the White House.The president’s signature legislation, which he called the “big, beautiful bill”, introduces major changes including tax cuts, spending boosts for defence and more aggressive funding for an immigration crackdown. Continue reading...

Politics

4 d. ago Reeves refuses to rule out tax rises after ‘damaging’ welfare bill U

Original welfare proposals had been part of a package expected to save up to £5 billion a year

Economics

4 d. ago Raising a big tax is Rachel Reeves' only way of balancing the books to fill fiscal black hole, experts warn

It came as a damning new poll by YouGov showed that three-quarters of Britons believe Ms Reeves will smash Labour's vow by putting up one of the UK's main taxes.

Events

4 d. ago Reeves says welfare fallout ‘damaging’ and declines to rule out tax hikes

The Chancellor warned there would be ‘costs to what happened’ as she faced questions about how she would cover the shortfall left by concessions.

Economics

4 d. ago Rachel Reeves says she cannot rule out autumn tax rises after ‘damaging’ week

Exclusive: Chancellor says she never considered resigning and warns ‘there are costs’ to welfare bill U-turnRachel Reeves has said it is impossible for her to rule out tax rises in the autumn budget and insisted she never thought about quitting despite a turbulent week for her and the government.In an interview with the Guardian, the chancellor said “there are costs” to the watering down of the welfare bill and acknowledged it had been a “damaging” week for Downing Street. Continue reading...

Politics

5 d. ago Celtic cut losses on £4m man as Nicolas Kuhn to turbocharge transfer spending spree – Parkhead news bulletin

The Hoops are set to lose two first-teamers but are on the verge of clinching their fifth summer signing

Economics

5 d. ago UNAids chief ‘shaken and disgusted’ by US cuts that will mean millions more deaths

Winnie Byanyima tells the Guardian she considered resigning when Donald Trump cancelled Pepfar fundingThe head of the global agency tackling Aids says she expects HIV rates to soar and deaths to multiply in the next four years as a direct impact of the “seismic” US cuts to aid spending.Winnie Byanyima, the executive director of UNAids, said that if the funding permanently disappeared, the world faced an additional 6 million HIV infections and 4 million Aids-related deaths by 2029. Continue reading...

Events

5 d. ago What to know about buying electric vehicles after the federal tax incentives end

The massive tax and spending cut bill that Congress passed Thursday ends federal tax incentives for electric vehicles

Economics

5 d. ago Trump's 'Big, Beautiful Bill' PASSES despite Republican rebels... here are the crucial tax cuts YOU need to know about

Congress has passed President Donald Trump's 'Big, Beautiful Bill,' a landmark piece of tax cuts and spending legislation containing many of the Republican's campaign promises.

Politics