5 h. 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

7 h. ago Rachel Reeves speech latest: Pound plummets as chancellor signals income tax hikes in Budget

Chancellor breaks cover to set out Budget priorities in unusual move

Economics

18 h. 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 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 Chancellor Rachel Reeves hints she's looking for tax rises and spending cuts in upcoming Budget

Chancellor Reeves fails to accept responsibility for economic woes as she blames impact of Brexit, austerity policies and ex-PM Liz Truss's mini-budget

Economics

2 w. ago Politics latest: Reeves hints at tax rises and spending cuts to break out of Britain’s ‘doom loop’

The chancellor said ‘of course, we’re looking at tax and spending’ ahead of her November 26 statement

Politics

2 w. ago Rachel Reeves drops biggest hint yet on tax rises and spending cuts in Budget

Chancellor Rachel Reeves said 'of course, we're looking at tax and spending' as she scrambles to plug a black hole in the public finances estimated to be at around £50billion

Economics