33 m. ago ‘More than a hundred tax and spending plans’ being considered by Reeves ahead of Budget

Around a hundred tax and spending measures are said to be on the table at the Budget, including an increase in income tax

Economics

3 h. ago Scrap tourist tax, university foreign students levy and cut stamp duty on shares to boost London, Reeves urged

The Chancellor could also create new jobs and more homes by supporting new transport schemes for the city, say London bosses

Society

7 h. ago £1.3MILLION: That's the staggering amount of tax paid by the average UK family over a lifetime... and still Reeves isn't satisfied

It comes ahead of the Budget later this month in which Rachel Reeves is widely expected to push up income tax yet further.

Economics

10 h. ago Families will pay nearly £600,000 in income tax over their lifetimes, new figures reveal

FAMILIES will pay nearly £600,000 in income tax over their lifetimes, new figures reveal.  They will cough up £571,740 — part of a £1.28million lifetime tax bill once VAT, national insurance and other levies are included.  TaxPayers’ Alliance chief executive, John O’Connell, claimed most households were now “tax millionaires” after unveiling his group’s research findings....

Economics

40 h. ago Starmer to face cabinet backlash if he breaks manifesto pledge on income tax

Senior ministers fear rumoured plans could backfire significantly with already-weary voters

Politics

64 h. ago Would Rachel Reeves dare to hike income tax? This is Money Podcast

Despite assurances that Labour would not break its election manifesto by hiking income tax , it appears it is under consideration for the Autumn Budget.

Economics

67 h. ago Finance expert warns income tax rise at Autumn Budget could hit pensioners and self

Speculation is growing that changes to income tax and National Insurance will be announced in November.

Events

3 d. ago Military families feel forgotten as uncertainty around being paid fuels resentment during government shutdown

Many active duty troops live paycheck to paycheck and survive on only one income

Events

3 d. ago Voices: ‘Tax the wealthy, not the workers’: Readers divided on how Reeves should tackle £20bn Budget blackhole

Our community is divided over reports Rachel Reeves’ is set to hike income tax by 2p, with some supporting higher taxes on the wealthy as fair and necessary, while others warn it could harm low-income earners, pensioners, and overall economic growth

Economics

3 d. ago How Rachel Reeves is plotting a £50billion tax raid on YOUR pension pot

A PENSIONS shake-up being considered in next month's Budget would shrink pots by £50billion, Rachel Reeves has been warned. The Chancellor is said to be considering slashing tax relief for pensions in her Autumn statement on November 26th. Currently, when you save into a pension, the government adds back the income tax you paid on...

Economics

3 d. ago Panicking Reeves 'could cripple economy with 2p income tax hike'

Chancellor Rachel Reeves could effectively torch the Labour manifesto as analysts warn that she needs to fill a black hole in the public finances of up to £50billion.

Economics

4 d. ago Chancellor considering tax cut for Scots ahead of pivotal Holyrood election

EXCLUSIVE: Rachel Reeves is looking at a plan which would shield Scots from an income tax rise, but give them an NI cut.

Politics

4 d. ago Reeves could raise income tax by 2p: Starmer lays the ground for tax raid as Tories insist Chancellor must be sacked if she breaks election vow

During Prime Minister's Questions yesterday, Sir Keir failed to repeat his mantra that the promise made to voters at last year's election still 'stands'.

Politics

4 d. ago Meta reports mixed financial results amid spree of AI hiring and spending

Tech company brings in record quarterly revenue but major tax bill dampens earnings per shareMeta reported mixed financial results for the third quarter of 2025. The company brought in record quarterly revenue but reported a major tax bill that dampened earnings per share, the company announced on Wednesday. The financial results come as Meta ends a multibillion-dollar hiring spree focused on artificial intelligence talent.The tech giant earned $51.24bn in quarterly revenue, beating Wall Street expectations and the company’s own projections for third-quarter sales. However, it reported earnings per share (EPS) of $1.05, far below Wall Street expectations of $6.70 in EPS. The major drop was due to a one-time non-cash income tax charge of $15.93bn. The EPS would have been $7.25 without this one-time charge, the company said. Continue reading...

Economics

4 d. ago See how much Income Tax hike could cost YOU as Starmer refuses to rule out rises

You currently pay the basic 20% rate of Income Tax when you earn above £12,570, then the higher rate of 40% income tax kicks in on earnings above £50,270

Economics

4 d. ago Keir Starmer refuses to say if he stands by pledge not to raise taxes

Conservative leader Kemi Badenoch asked the prime minister on Wednesday whether he stuck by his pledge not to raise income tax, national insurance or VAT

Politics

4 d. ago Starmer refuses to rule out tax rises in budget after questioning by Badenoch

Prime minister fails to answer Tory leader’s questions about manifesto pledge not to raise income taxUK politics live –latest updatesKeir Starmer has refused to rule out tax rises in next month’s budget, which would breach Labour’s manifesto promises, boosting speculation that Rachel Reeves is considering raising income tax to reduce a shortfall.The prime minister pointedly ignored questions posed to him by Kemi Badenoch in the Commons about the manifesto pledge, something the Conservative leader said he had not done when asked before. Continue reading...

Economics

4 d. ago Keir Starmer REFUSES to rule out breaking Labour's manifesto pledge on tax rises as PM fuels fears of huge Budget raid on workers

The Prime Minister failed to commit to keeping his pre-election vow to not increase National Insurance, income tax, or VAT .

Economics

4 d. ago Income tax rise not ruled out by Keir Starmer in PMQs clash on Budget with Kemi Badenoch

Millions of households are set to be hit with tax rises as Rachel Reeves seeks to plug a hole in the public finances

Economics

4 d. ago John Swinney rules out income tax hike in upcoming Scottish Budget

The First Minister restated his commitment not to increase the tax

Economics