3 h. ago Rachel Reeves faces '£20billion Budget black hole' as downgrade fuels tax rise fears

The Chancellor is grappling with a big headache - the UK's woeful productivity - which could trigger the need for spending cuts and tax rises in the Budget

Economics

6 h. ago Fears grow over big tax rises in Budget as Rachel Reeves hit with £20 billion productivity blow

The Office for Budget Responsibility is set to downgrade its productivity forecasts by more than expected

Economics

21 h. ago Rachel Reeves told to target wealthy in Budget as tax rises and spending cuts on the table

Researchers argued that deepening wealth inequality was creating existential risks to society as they warned that the gap between the richest and poorest has widened

Economics

21 h. ago Reeves faces £20bn hit to UK public finances from productivity downgrade

Bigger than expected reduction in OBR forecast deals blow to chancellor ahead of Budget

Economics

28 h. ago Rachel Reeves hints at tax rises in Budget as she heads to Riyadh in search of trade deal

The chancellor is widely expected to use the Budget to increase taxes once again, with the Institute for Fiscal Studies estimating she needs to find £22bn of tax rises or spending cuts to meet her self-imposed fiscal rule

Economics

28 h. ago Millions of households to be hit with tax rises in the Budget, Chancellor Rachel Reeves signals

The Chancellor told an economic forum in Saudi Arabia that she would avoid growth-busting new levies on businesses

Economics

3 d. ago Labour fears of voter backlash grow as Reeves looks at income tax options

Raising levies would go against party’s manifesto pledges

Politics

4 d. ago Rachel Reeves 'considering breaking Labour manifesto pledge with income tax rise at Budget'

Treasury discussions to fill estimated £30billion gap include possibly adding 1p to basic rate or raising higher or additional tax rates

Economics

1 week ago Reeves plots tax raid on Middle England: Fears grow that Chancellor will target savings, pensions and property as she suggests Brits with the 'broadest shoulders' will pay billions more

As official figures showed the economy flatlined over the summer, the Chancellor laid the ground for a Budget that will target the better-off.

Economics

1 week ago Tax raid to fall on 'broadest shoulders': Fears grow that Rachel Reeves will target savings, pensions and property

As official figures showed the economy flatlined over the summer, the Chancellor laid the ground for a Budget that will target the better-off.

Economics

1 week ago Rachel Reeves urged to show 'restraint' as fears grow Scots face more tax rises

The Scottish Retail Consortium said Ms Reeves’ focus should be on restraint, while the Federation of Small Businesses called for the VAT threshold to be raised for small businesses

Politics

1 week ago Rachel Reeves hints taxes will rise at next Budget and blames cost of Brexit

The Chancellor said “of course, we’re looking at tax and spending” as she prepares for her November 26 statement.

Economics

1 week ago Chancellor Rachel Reeves hints she's looking for tax rises and spending cuts in upcoming Budget

Chancellor Reeves fails to accept responsibility for economic woes as she blames impact of Brexit, austerity policies and ex-PM Liz Truss's mini-budget

Economics

1 week ago Reeves admits she’s looking at tax rises and spending cuts in Budget

The chancellor blamed Brexit for the move, saying it has had a ‘severe’ impact on the public finances

Economics

2 w. ago Budget situation is ‘desperate’, Reeves warned as experts say she has no choice but to raise big taxes

Labour chancellor told a ‘Scrabble bag’ of smaller increases will not rejuvenate UK’s faltering economy

Events

4 w. ago Rachel Reeves warns of looming ‘harsh headwinds’ as she fails to dispel fears over major tax rises

The chancellor received ten standing ovations as she set out her pitch to Labour members ahead of what will be a difficult budget in November

Events

4 w. ago Rachel Reeves drops massive hint on Budget tax rises ahead of major speech

Chancellor Rachel Reeves said the 'world has changed' as she declined to repeat her pledge that she wouldn't carry out another round of tax hikes in the Budget

Economics

4 w. ago Rachel Reeves fuels fears over VAT raid and hints at tax rises AND spending cuts in Budget as she blames 'global headwinds' for economy stalling

Rachel Reeves said she had made a 'solemn promise' to stabilise the finances as she dodged on how she plans to fill an estimated £30billion gap in the government's books.

Economics