4 h. ago Labour minister hints at tax hikes for middle class – but rules out rises for people on ‘modest incomes’

Transport secretary says ministers have promised not to raise taxes for ‘people on modest incomes’

Politics

8 h. ago Chancellor guided by ‘fairness’, senior minister says of calls for wealth tax

Transport Secretary Heidi Alexander would not directly rule out tax rises in the next budget as she toured the broadcast studios on Sunday morning.

Politics

10 h. ago Labour's leader in Wales joins demands for 'wealth tax' as Rachel Reeves desperately tries to get a grip on '£30bn' hole in public finances

Baroness Morgan said 'those with the broadest shoulders should carry more of the burden' amid alarm that the Chancellor will have to raise another £30billion at the Budget.

Economics

23 h. ago Wales' Labour First Minister backs Wealth Tax and piles pressure on Keir Starmer

Eluned Morgan said those with the broadest shoulders pay more as ordinary people were desperately struggling with the cost of living

Politics

4 d. ago Starmer opens the door for stealth tax extension as he tries to balance books

During a fiery PMQs, the prime minister ruled out increases to income tax, VAT and national insurance but could not answer questions on wealth taxes or a freeze on tax thresholds

Events

4 d. ago Starmer opens the door for wealth tax raid as he ducks questions at PMQs

During a fiery PMQs, the prime minister ruled out increases to income tax, VAT and national insurance but could not answer questions on wealth taxes or a freeze on tax thresholds

Economics

4 d. ago Which tax rises could the government introduce to fill the black hole in Britain’s finances?

Labour’s pledge not to raise taxes on ‘working people’ leaves the chancellor with a limited number of workable options to fill the £5bn hole in the public finances left by last week’s welfare climbdown

Politics

4 d. ago Starmer declines to rule out wealth tax as Badenoch brands him ‘weak’

The Conservative leader claimed the Prime Minister had been ‘forced into a series of chaotic U-turns’ and failed to prevent doctors’ strikes.

Economics

4 d. ago Starmer says UK ‘can’t just tax our way to growth’ as he brushes off call for wealth tax – UK politics live

UK prime minister will have talks with Emmanuel Macron later todayThe BMA strike decision must be a tempting topic for Kemi Badenoch at PMQs, which is starting very soon. The Conservatives have repeatedly criticised the government for the way they swiftly settled public sector pay disputes when they took office; they argue that Labour was too generous to the unions, thereby encouraging them to threaten further strikes.Here is the list of MPs down to ask a question.Streeting says he is “disappointed” by the proposed strike, and he insists resident doctors have had a relatively good outcome on pay. He says:I remain disappointed that despite all that we have been able to achieve in this last year, and that the majority of resident doctors in the BMA did not vote to strike, the BMA is continuing to threaten strike action.I accepted the DDRB’s recommendation for resident doctors, awarding an average pay rise of 5.4%, the highest across the public sector. Accepting this above inflation re...

Politics

5 d. 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

5 d. ago Voices: Readers torn on wealth tax – from ‘the only counterbalance’ to ‘utterly counter

Discussion of a wealth tax has ignited a lively debate among our community, with some calling it a necessary step to tackle inequality and fund public services, while others warned it would drive away investment and harm the economy

Economics

5 d. ago Minister insists ‘those with broadest shoulders should carry greatest burden’ over wealth tax

Labour’s Transport Secretary Hedi Alexander has refused to rule out a wealth tax when pressed on whether it is being considered.

Politics

5 d. 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

5 d. ago Billionaire Labour backer John Caudwell says he's 'increasingly nervous' about Starmer

John Caudwell has warned that a wealth tax would be ‘very destructive’ to growth

Politics

5 d. ago Labour refuses to rule out wealth tax to fill gaping hole in finances after £5billion welfare retreat

Chancellor Rachel Reeves is under pressure from unions and Labour MPs to introduce a levy on the rich after the £5billion welfare retreat.

Economics

5 d. ago Labour refuses to rule out wealth tax to fill gaping hole in finances after £5billion welfare retreat

Chancellor Rachel Reeves is under pressure from unions and Labour MPs to introduce a levy on the rich after the £5billion welfare retreat.

Economics

6 d. 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

6 d. ago Panic over Labour 'wealth tax' to fill £30bn black hole in government finances

The prospect of a charge on the assets of the well-off has been mooted as the Chancellor scrambles to fill a potential £30billion black hole in the public finances.

Economics

6 d. 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

6 d. 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