5 h. ago Fears of job losses and lower wages after Reeves' £4.7bn Budget tax raid on pensions

The Chancellor said salary sacrifice contributions, where workers forego wages in return for the money being paid directly into their retirement fund, will be capped at a fraction of their current rate.

Economics

7 h. ago Betting giants say Budget tax raid will hurt jobs, close bookies and boost black market

Britain's biggest gambling firms have warned the Budget tax raid on the sector will cost jobs, close high street bookies and strengthen illegal black market operators.

Economics

8 h. ago These home workers to lose up to £124 tax break as 300,000 brace for Budget raid

The move will hand the Treasury tens of millions of pounds a year, with higher-rate taxpayers facing a tax increase of up to £124

Economics

27 h. ago Budget 2025 LIVE: Rachel Reeves unveils £26bn tax raid but cuts energy bills amid leak fiasco

Rachel Reeves calls the blunder by the Office for Budget Responsibility ‘deeply disappointing’ as she delivers Budget

Economics

42 h. ago Farmers' fury as tractors banned from Budget day demonstration against Reeves' inheritance tax raid

Farmers planning a huge Budget day demonstration against the family farm tax tomorrow have been banned from bringing their tractors - prompting fury and accusations of two-tier policing.

Economics

59 h. ago Labour support in London at record low, new poll finds as Reeves Budget tax raid to hammer capital

Exclusive: Nigel Farage’s Reform UK surges to 23% in the capital, ahead of the Tories on 20%, with Labour on 32%

Economics

59 h. ago Labour support in London at record low, new poll finds as Reeves Budget tax raid to hammer the city

Exclusive: Nigel Farage’s Reform UK surges to 23% in the capital, ahead of the Tories on 20%, with Labour on 32%

Economics

66 h. ago 'Millionaire mandarins' revealed: the senior civil servants with as much as £2.5 MILLION to look forward to in taxpayer

Britain's top civil servants are in line for taxpayer-funded pension pots worth an average £1.3million, as private sector workers trying to save for retirement face a tax raid in the Budget.

Economics

68 h. ago Reeves asks banks to praise her plans as they escape Budget tax raid

Chancellor is under pressure from some Labour MPs to raise levies on business this week

Economics

3 d. ago 2.6 million people in London and South East to be hit by stealth income tax with Reeves Budget raid

The Chancellor is set to continue the income tax thresholds freeze, first introduced in 2022 by Rishi Sunak, until 2029/30

Economics

4 d. ago 1.3 million Londoners to be hit by stealth income tax with Reeves Budget raid

1.3 million Londoners to be hit by stealth income tax with Reeves Budget raid  London Evening Standard

Economics

5 d. ago Pension scheme used by 5 million 'to be hit with new threshold' in Budget tax raid

The Treasury is reportedly preparing a tax change on a scheme used by millions that Rachel Reeves is said to view as 'unfair' to some people

Economics

6 d. ago Use our income tax calculator to see how the Budget could affect YOU

HOUSEHOLDS may have been spared by an income tax hike, but there are still plenty of other ways YOUR pocket could be picked in the Budget. A stealth tax raid expected to be announced by Chancellor Rachel Reeves in her Budget next Wednesday is set to hammer households. Millions of workers and pensioners face being...

Economics

9 d. ago Bank stocks tumble as Rachel Reeves 'could raid profits' in Budget after abandoning income tax hike

Barclays, Lloyds and HSBC shares were all down more than 2 per cent this morning as they headed a wider sell-off on markets.

Economics

1 week ago Reeves Budget raid will see 260,000 more Londoners paying 40% income tax rate

Reeves Budget raid will see 260,000 more Londoners paying 40% income tax rate  London Evening Standard

Economics

1 week ago 500,000 more people in London and South East to pay income tax higher rate by 2029 with Reeves Budget raid

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

Economics

1 week ago How 1million will pay tax for the first time if Budget raid goes ahead – min wage and pensioners will be hit hardest

A MILLION extra people will be dragged into paying income tax if Rachel Reeves presses ahead with a punishing stealth rise, a new report reveals. Pensioners and minimum wage earners face being hit by tax thresholds being frozen for a further two years to help balance the books. Income tax thresholds are frozen until 2028, so...

Economics

2 w. ago Aston Martin job losses feared at Welsh site with reports 100 roles could be at risk

The manufacturing plant was proposed to build the world's first zero-emissions luxury vehicle

Events

2 w. 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

2 w. ago Almost 9million pensioners to be hit by Rachel Reeves's income tax raid as Chancellor 'tells Budget watchdog she will break Labour's manifesto pledge'

The Chancellor has paved the way for fresh levy hikes later this month after she used a Downing Street speech on Tuesday to warn Britons: 'Each of us must do our bit.'

Economics