11 h. ago Builders downed tools amid fears over Reeves Budget in fresh blow to new homes for London

Housing, civil engineering and commercial activity ‘tanked’ last month, say economists

Politics

8 d. ago UK Budget 2025: Why Chancellor Rachel Reeves' surprisingly confident performance offers fresh hope for Labour

Rachel Reeves performed stolidly but well, and may have laid the groundwork for feel-good Budgets ahead of the next election

Politics

1 week ago Reeves to launch crackdown on benefit fraud alongside lifting two

Move aims to bring in extra £1.2bn of savings as government seeks to head off criticism over welfare spendingYou be the chancellor: play our budget gameRachel Reeves will launch a fresh crackdown on benefit fraud at the same time as lifting the two-child limit for universal credit at a cost of £3bn, as ministers seek to head off criticism over rising welfare spending in the budget.The chancellor has made the decision to scrap the two-child limit in full, a move that will be welcomed by Labour MPs who have long highlighted its effect on increasing child poverty.Freezing income tax thresholds for an extra two years to 2030, bringing more people into higher tax bands as wages rise.Making salary sacrifice schemes less generous, including those for pension contributions.A pay-per-mile scheme on electric cars to help fill the tax gap from petrol duty as more people opt for green vehicles.Bringing in higher tax on the most expensive properties, including a surcharge on the highest-value ho...

Politics

1 week ago Reeves facing fresh pressure to axe farm inheritance tax changes in Budget

The National Farmers’ Union said Ms Reeves ‘cannot keep taxing businesses into the ground’.

Economics

1 week ago Britain's broken finances get WORSE: Government borrowing balloons ahead of Budget leaving Rachel Reeves under even more pressure

The Chancellor was urged to get a tighter grip on spending after the Office for National Statistics revealed public sector borrowing stood at £17.4billion in October.

Politics

3 w. ago TV expert Kirstie Allsopp warns Brits are 'in a panic' amid rumours of fresh property taxes at Rachel Reeves' Budget

The TV presenter, who fronts Location, Location, Location, warned speculation about new measures the Chancellor might bring in was having a profound impact.

Events