38 m. ago Tax the rich more to fill black hole in public finances, Labour members tell Starmer

Exclusive: PM urged to conduct a ‘radical change of direction’ as the government attempts to plug gaps in the public finances

Economics

46 h. ago Major inheritance tax change talks as Sky News host grills minister on plan

Chancellor Rachel Reeves is reportedly exploring changes to inheritance tax - such as tightening the rules around gifting - as she battles to plug a hole in the public finances

Politics

6 d. ago Keir Starmer and Rachel Reeves 'lay the ground for massive tax hikes' with Chancellor 'needing to fill £50billion hole' at grim Budget

Keir Starmer and Rachel Reeves are said to have started holding meetings on how to fill a black hole in the public finances estimated at up to £50billion.

Economics

8 d. ago Keir Starmer REFUSES to rule out tax hikes in the Budget after economists warn Labour is facing a huge £50bn black hole in public finances

The Prime Minister said he didn't recognise 'some of the figures that are being put out' amid suggestions that Rachel Reeves is on track to miss one of her fiscal rules.

Economics

8 d. ago Sir Keir Starmer declines to rule out tax rises as he defends handling of economy

It comes after warnings that taxes may need to rise to plug a £51 billion black hole in public finances

Economics

8 d. ago Chancellor likely to raise taxes 'to fill £51bn black hole in public finances', experts warn

The Chancellor will have to find £51 billion at the autumn budget, according to experts

Economics

8 d. ago Reeves urged to consider replacing council tax as thinktank warns of ‘impossible trilemma’ for chancellor – UK politics live

The National Institute of Economic and Social Research says government’s spending gap is on course to reach more than £40bnThis is from Chris Giles, economics commentator at the Financial Times, on Bluesky on today’s NIESR report.I see NIESR is talking today about a £41.2bn hole in the UK public financesTwo things are newsworthy: Continue reading...

Events

8 d. ago Which tax rises could the government introduce to fill the £41bn 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 a massive black hole in the public finances

Economics

8 d. ago Chancellor warned ‘tax rises needed to fill £51bn black hole in public finances’

Niesr said Rachel Reeves is facing an ‘impossible trilemma’ and will likely need to resort to tax rises in the autumn budget.

Economics

3 w. ago Labour wealth tax war rages amid claims Reeves will reject calls for charge on assets

Chancellor Rachel Reeves is desperately hunting for options as she faces an estimated £30billion black hole in the public finances at the Autumn Budget .

Economics

4 w. ago Rather be on holiday already? Starmer is flanked by glum ministers at last PMQs before summer break as he dodges on fears of MORE tax hikes

Flanked by glum ministers including Rachel Reeves and Angela Rayner, Keir Starmer was pressed to spell out who will be protected from efforts to fill an estimated £30billion hole in the public finances.

Politics