30 h. ago Reeves' climbdown on income tax proves Labour is now the puppet of Left

Rachel Reeves last night faced accusations that she ripped up her Budget to head off another revolt from Labour MPs who feared breaking the party's manifesto promise on tax would be electoral suicide.

Politics

41 h. ago Reeves dumps plan to raise income tax in screeching Budget U

Chancellor abandons plans to raise income tax over fears they could spark a huge backlash among voters and backbench Labour MPs

Economics

45 h. ago Rachel Reeves abandons plan to raise income tax in screeching Budget U

Chancellor abandons plans to raise income tax over fears they could spark a huge backlash among voters and backbench Labour MPs

Economics

50 h. ago Rich New Yorkers consider fleeing to London to escape mayor Zohran Mamdani's wealth tax

Becky Fatemi, an executive partner at Sotheby's International Realty in London, said she had seen enquiries for London properties rise by 28 per cent over the past month.

Economics

52 h. 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

60 h. ago Fears Labour's 'big tax' Budget will spark recession after economy stalls with GDP up just 0.1% in third quarter... but Reeves blames hackers

Analysts voiced alarm about the outlook after the UK eked out a paltry 0.1 per cent expansion of GDP in the third quarter of the year.

Economics

69 h. ago ‘Fragile’ London housing market buckles under Budget tax fears

‘Fragile’ London housing market buckles under Budget tax fears  The Telegraph

Economics

5 d. ago Please Rachel, put businesses out of their misery and get on with the Budget

Businesses are paralysed by fear about costs, tax and the future. The economy is in suspension.

Economics

8 d. ago Tax raid on UK partnerships to be less aggressive than feared

Senior City figures have been reassured that accountancy and law firms will not pay full national insurance rate

Politics

9 d. ago Sainsbury's 'doing everything' to win supermarket price war amid Budget tax raid fears

Sainsbury's is 'doing everything' to win a supermarket price war, the group's chief executive has said, as he cautioned the Chancellor against further tax rises.

Economics

1 week ago Labour set to hit middle class earners with £60BILLION tax bomb to plug Budget gaps, top economists predict... amid fears Rachel Reeves could send Britain into a fiscal 'doom loop'

In trying to meet her Budget targets, the Chancellor may face a £20billion to £30billion black hole, according to analysis by the National Institute of Economic and Social Research (NIESR).

Economics

1 week ago I expected the Budget to be bad... now, I fear it will be a horror that will devastate households across Britain. These are the tax rises coming

This month's Budget is going to be awful for households up and down the country.

Economics

1 week ago Income tax fears rise as Rachel Reeves gives clear sign she will break Labour manifesto pledge

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Politics

2 w. 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

2 w. ago Fresh tax hikes top Budget fears among London small businesses

The percentage of owners predicting growth falls to 36%, lowest level since first quarter of 2021.

Economics

2 w. 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

2 w. 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

2 w. ago London 'will avoid worst of Angela Rayner's council funding raid' after fears of huge tax rises and service cuts

Former deputy prime minister had proposed to channel funding away from the capital into more deprived areas of the country

Economics

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

Raising levies would go against party’s manifesto pledges

Politics

3 w. ago Household savings hit record £2.2trillion as sticky inflation and tax hike fears see cash stockpiled

Savers are sitting on a record £2.2trillion in cash savings despite the Chancellor's efforts to persuade more households to invest their wealth, new data shows.

Economics