21 h. ago Sadiq Khan eyes up £200MILLION windfall as Rachel Reeves prepares to approve 'tourist tax' in Budget

Chancellor Rachel Reeves is expected to give the go-ahead for mayors in England to impose the charges, adding costs to stays at hotels and bed and breakfasts.

Economics

24 h. ago Budget 2025: Reeves set to drop tax hikes in favour of threshold freezes

Millions may face higher bills as frozen tax bands quietly push more income into taxation 💸

Economics

24 h. ago Death by a thousand taxes: Reeves set to punish milkshake lovers and holidaymakers with £500m 'tourist tax' in brutal Budget

Chancellor Rachel Reeves is expected to signal that the so-called 'Sugar Tax' will be toughened up, removing the existing exemption for around 200 milk drinks.

Economics

27 h. ago Chancellor's Budget raid will make 500,000 more people in London and South East pay 40% income tax rate

Rachel Reeves is set to impose a ‘stealth tax’ in her Budget on November 26 with a further two-year freeze on income tax thresholds

Economics

37 h. ago Rachel Reeves 'is set to announce a milkshake tax' as millions of workers, savers and pensioners face brutal assault in Budget with Chancellor poised for 'stealth' raids

The Chancellor is believed to be gearing up to make sweeping changes to the Soft Drinks Industry Levy.

Economics

44 h. ago Millions of workers, savers and pensioners face brutal assault in Budget with Reeves poised for 'stealth' raids after ditching 'up

Chancellor Rachel Reeves looks set to keep the long-running freeze on thresholds in place for another two years, despite humiliatingly dropping plans to increase income tax.

Economics

3 d. ago This is how much more your favourite drink will cost if Rachel Reeves hikes booze tax in Budget

Bad news for cash-strapped boozers as the prices of drinks is set to take a hike from February after Reeves' brutal Budget, with a bottle of whisky planned to increase by 50p

Economics

3 d. ago Planned income tax rise now set to be scrapped by Rachel Reeves

Her initial plan was expected to see income tax rates increased by 2p but the plans have now reportedly been the subject of a U-turn

Politics

3 d. ago Rachel Reeves ditches plans to hike income tax as UK borrowing costs jump

Income tax levels in Scotland are set by Holyrood but spending decisions set by Reeves have a major impact on how much funding is available to the SNP Government.

Economics

4 d. ago Rachel Reeves to abandon plans to raise income tax rates in budget

Labour had laid the ground to break a manifesto pledge on taxes for working people but has now made a U-turnRachel Reeves is set to abandon a plan to raise income tax in her budget with the chancellor reportedly “ripping up” the main measures in the wake of turmoil in the party.A source told the Guardian that plans to break the manifesto pledge on income tax had been ditched by the prime minister, Keir Starmer, and the chancellor. Continue reading...

Economics

4 d. ago Rachel Reeves ‘set to ditch plan to raise income tax’ in Budget

Chancellor reportedly set to abandon income tax hike plan amid fears move could anger voters

Economics

7 d. 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

8 d. ago Fury as Reeves set to increase dividend tax in ‘hammer blow’ for investors in nightmare Budget

RACHEL Reeves is set to increase dividend tax in a "hammer blow" to investors in the upcoming Budget. In a move that has sparked fury, the Chancellor will reportedly increase the tax rate on earnings from shares in her Autumn budget this month. Brits are bracing for a raft of tax hikes on November 26...

Economics

9 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

9 d. ago How does salary sacrifice work and is this handy pension perk under threat in the Budget?

Reeves looks set to cap the sum workers can pay into pensions via salary sacrifice without incurring national insurance contributions.

Economics

1 week ago Rachel Reeves set to hit drivers with road charging tax in the Budget as Chancellor chases fuel duty shortfall

Rachel Reeves is expected to announce that EVs will be charged 3p per mile on top of other road taxes, as Treasury sources disclosed to the Mail yesterday.

Economics

1 week ago Reeves warned that economy faces 'death by a thousand taxes' as Britain's boardrooms and households shudder ahead of Budget

Rachel Reeves has been warned that the economy faces 'death by a thousand taxes' as the City and middle Britain shudder over the prospect of Budget pain.

Events

1 week ago Rachel Reeves ‘to slap 6 million drivers with NEW tax in Budget as motorists will face £250 hike just for using road’

RACHEL Reeves is set to hit Electric Vehicle drivers with a new pay-per-mile tax. The Chancellor is due to reveal the controversial levies at the Budget on November 26, as reported by The Telegraph. It is understood plans have been drawn up to see EV drivers charged 3p per mile, in addition to other road...

Economics

1 week ago UK's Reeves set to spare banks from budget tax raid, FT reports

UK's Reeves set to spare banks from budget tax raid, FT reports  Reuters

Economics

1 week ago I won't quit even if I break my promise not to raise tax, Rachel Reeves says

The Chancellor hinted she is considering the first rise in the basic rate of income tax for half a century, saying 'we will all have to contribute' at the November 26 Budget.

Politics