3 h. ago SIMON LAMBERT: Why Rachel Reeves' Budget may spell bad news for your pay packet

The budget is coming up and the Chancellor, Rachel Reeves, needs to balance Britain's books. That could spell bad news for your pay packet.

Economics

12 h. ago Scots tycoons back 'temporary' income tax rise by Labour Government

Willie Haughey and Tom Hunter offered a measured assessment on speculation Chancellor Rachel Reeves is ready to raise tax.

Politics

18 h. ago The madness of fiscal rules: Reeves's obsession is holding business back, says ALEX BRUMMER

Rachel Reeves is so intent on being the Iron Chancellor that the whole focus of her troubled 17-months at the Treasury has been about fiscal policy.

Politics

19 h. ago Jet2 boss urges Chancellor against raising travel tax ahead of Budget

Exclusive: ‘People want to be looked after, forget about daily life, and just relax,’ says CEO Steve Heapy

Economics

19 h. ago Fury as four million Brits receive jobless benefits WITHOUT the need to look for work

FOUR million people are receiving jobless benefits without the need to look for work. The number is half the eight million who claim Universal Credit. The Department for Work and Pensions figures heap more pressure on Chancellor Rachel Reeves — months after a welfare shake-up to save £5billion was shelved. Reform UK’s Lee Anderson said:...

Economics

27 h. ago Majority of Brits want Rachel Reeves to 'resign' if she hikes income tax, poll claims

Chancellor Rachel Reeves will face a tidal wave of mass dissatisfaction from British voters if she goes back on Labour's promise not to increase taxes for working people

Politics

28 h. ago Use our calculator to check how a 2p income tax rise could hit YOUR finances

HOUSEHOLDS around the UK are bracing themselves for tax hikes in Rachel Reeves' Budget later this month. The Chancellor yesterday once again paved the way to hike income tax in a breach of her manifesto commitment to help plug the nation’s finances. It comes as Labour previously pledged not to increase taxes on "working people"....

Economics

30 h. ago Minister suggests BBC should apologise to Trump over documentary as president threatens $1bn lawsuit – UK politics live

Alison McGovern speaks to media about BBC crisis as culture secretary due to address MPs in attempt to contain falloutYesterday Rachel Reeves, the chancellor, gave an interview that indicated very strongly that she will get rid of the two-child benefit cap in full in the budget. It had been reported that the government was only going to partially remove it (by replacing the cap with a softer version, like a three-child benefit cap), but Reeves signalled that the cap will go in its entirety.If anyone did not get the message, Keir Starmer has signalled exactly the same intention – only even more strongly. In an interview with Amir Khan, a doctor and ITV broadcaster, the PM said he was determined to drive child poverty down. In the clip, recorded yesterday but broadcast this morning, Starmer said:I can tell you in no uncertain terms I’m determined to drive child poverty down. It is what the last Labour government did. And it’s one of the things we were proudest of. I am personally dete...

Politics

44 h. ago Rachel Reeves warned gambling tax hikes will 'hammer punters' and 'shut 3,400 bookies'

Chancellor Rachel Reeves is being urged by the IPPR think tank to more than double the tax rate on gaming machines in her Budget on November 26

Events

48 h. ago Income, pensions & property – how Rachel Reeves’ budget could hit Scots

IN a highly unusual pre Budget speech this week, Chancellor Rachel Reeves set the scene for painful tax rises. She warned that we “each must do our bit” — but what she really meant is “tax rises are on the way”. The most important thing from her speech was what she did NOT say, refusing...

Economics

49 h. ago Rachel Reeves drops strongest hint she will raise income tax and scrap two child benefit cap

The Chancellor said sticking to manifesto commitments on tax would lead to deep cuts.

Politics

49 h. ago Rachel Reeves gives strongest sign yet she WILL break Labour's manifesto vows on tax at Budget

Chancellor Rachel Reeves suggested the only way she could keep the promises not to increase income tax, national insurance or VAT was to cut investment - something she has ruled out.

Economics

49 h. ago Chancellor Rachel Reeves drops two major Budget hints on tax and benefits

Chancellor Rachel Reeves indicated the government will scrap the cruel two-child benefit limit at the Budget on November 26 to lift hundreds of thousands out of poverty

Economics

3 d. ago SNP minister gives strong signal Scottish Government 'revisiting' income tax hikes under 'nightmare scenario'

Shona Robison has suggested Labour will “pay a very high price” with voters in Scotland if Chancellor Rachel Reeves moves to “actively cut Scotland’s funding by £1bn”.

Politics

3 d. ago Shona Robison may ‘potentially revisit’ Scottish taxes in response to UK Budget

The Finance Secretary said the Scottish Government had a ‘very limited’ set of levers to respond.

Economics

3 d. ago Scottish Finance Secretary requests urgent meeting with Chancellor before Budget

Shona Robison has asked to meet Rachel Reeves where she will set out her three tests for the upcoming Budget.

Economics

4 d. ago Pensioners could pay £380 a year EXTRA in tax under Rachel Reeves’ Budget plot

MILLIONS of pensioners face paying an extra £380 a year in tax under Rachel Reeves' Budget plans. The Chancellor is expected to increase income tax by 2p in her Autumn Budget, while cutting National Insurance (NI) payments by 2p for earnings under £50,270. This would ease the burden on workers, as the income tax hike...

Economics

4 d. ago Pensioners face £2,500 tax bills under potential Income Tax plans

Chancellor Rachel Reeves is said to be considering raising income tax, in a move that would hit millions of pensioners - and some could face bills of up to 2,500

Economics

4 d. ago Why pensioners could be hardest hit in the Budget if Rachel Reeves gets her way and the poorest will feel it the most

I BELIEVE this could be the worst Budget in modern times for pensioners. Rumours are rife about Chancellor Rachel Reeves’ plans on November 24 when she delivers her Budget. But one thing is for sure, pensioners are in her sights. Earlier this week, the Chancellor said: “each of us must do our bit”. MPs repeatedly...

Economics

4 d. ago Reeves ‘targets tax raid on employee pension contributions at Budget’

Employees contributing more than £2,000 a year into work-based pensions could face additional tax, according to a report by The Times

Economics