59 m. 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

3 h. ago Budget 2025: Which tax rises could hit you as Chancellor Rachel Reeves targets millions with new levies?

London and the South East are set to be most impact by a wave of tax changes to plug a shortfall of around £20 billion

Economics

28 h. ago Autumn Budget 2025: Could Rachel Reeves scrap stamp duty tax?

Property experts agree tax changes are needed to unblock the stagnant housing market, yet London’s high prices and dearth of affordable new homes are also significant barriers to buying

Economics

55 h. ago Budget 2025: Reeves set to drop tax hikes in favour of threshold freezes

Millions may face higher bills as frozen tax bands quietly push more income into taxation 💸

Economics

5 d. ago Treasury won’t cut threshold for higher rate income tax, say sources – UK politics live

Fallout continues over budget income tax U-turn, with Treasury saying expected fiscal gap has dropped to £20bnThis is from Helen Miller, director of the Institute for Fiscal Studies thinktank, on the market reaction to the chancellor’s reported budget U-turn.Investors will have 2 broad concerns about news that Chancellor won’t increase income tax rates1. Does it signal less willingness to do politically difficult thingsBritain’s long-term borrowing costs were sent soaring as reports suggested the latest U-turn would leave Rachel Reeves scrambling to fill a gaping black hole in the nation’s finances just two weeks before the 26 November budget.Yields on 30-year UK government bonds, also known as gilts, jumped as much as 14 basis points in early trading, and the yield on 10-year gilts also shot up 12 basis points – rising the most since July. Continue reading...

Politics

5 d. ago Streeting says striking doctors ‘extremely irresponsible’ in angry phone

Health secretary unhappy as resident doctors in England have started a five-day strike todayThis is from Helen Miller, director of the Institute for Fiscal Studies thinktank, on the market reaction to the chancellor’s reported budget U-turn.Investors will have 2 broad concerns about news that Chancellor won’t increase income tax rates1. Does it signal less willingness to do politically difficult thingsBritain’s long-term borrowing costs were sent soaring as reports suggested the latest U-turn would leave Rachel Reeves scrambling to fill a gaping black hole in the nation’s finances just two weeks before the 26 November budget.Yields on 30-year UK government bonds, also known as gilts, jumped as much as 14 basis points in early trading, and the yield on 10-year gilts also shot up 12 basis points – rising the most since July. Continue reading...

Events

6 d. ago Chancellor Rachel Reeves targets cost of living with Budget measures on energy and travel bills

The Chancellor is expected to outline measures to tackle the cost of living in her Budget by curbing energy, travel, and other household bills

Economics

7 d. ago Six big changes to expect from Reeves’ Budget and how they’ll impact your finances

Income tax, pensions, the cash ISA and more could all be set for notable alterations

Economics

8 d. 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

2 w. ago Motability PIP eligibility change calls update as government responds

There are concerns that Chancellor Rachel Reeves may target the Motability scheme in her November Budget

Politics

2 w. 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

2 w. 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

2 w. 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

2 w. 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

2 w. ago Death by a HUNDRED tax hikes? Reeves looking at blizzard of increases on 'wealthy' middle earners in Budget

Chancellor Rachel Reeves is considering a blizzard of measures targeting the 'wealthy' as she scrambles to drum up huge sums.

Economics

2 w. ago If you're on £46,000 you're in Reeves' sights: Chancellor vowed not to raise tax for 'working people' but wouldn't say what that meant...now we know

The Tories have seized on claims by Whitehall sources that Rachel Reeves is targeting workers earning £46,000 a year or more to fill a £40 billion hole in the public finances.

Economics

2 w. 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

3 w. ago Starmer refuses to rule out tax rises in budget after questioning by Badenoch

Prime minister fails to answer Tory leader’s questions about manifesto pledge not to raise income taxUK politics live –latest updatesKeir Starmer has refused to rule out tax rises in next month’s budget, which would breach Labour’s manifesto promises, boosting speculation that Rachel Reeves is considering raising income tax to reduce a shortfall.The prime minister pointedly ignored questions posed to him by Kemi Badenoch in the Commons about the manifesto pledge, something the Conservative leader said he had not done when asked before. Continue reading...

Economics

3 w. ago Housebuilders warn Labour will miss target of building 1.5m new homes in fresh Budget blow for Rachel Reeves

Developers are reported to have told the Office for Budget Responsibility (OBR) that its forecasts for economic growth from house building are too optimistic.

Events

3 w. ago Rachel Reeves told to target wealthy in Budget as tax rises and spending cuts on the table

Researchers argued that deepening wealth inequality was creating existential risks to society as they warned that the gap between the richest and poorest has widened

Economics