2 h. ago Reeves defends ‘fair and necessary’ £26bn tax raid after Budget backlash

The chancellor she had made choices to increase taxes and improve public infrastructure, and had ‘chosen to protect public spending’

Economics

11 h. ago From council tax discounts to energy bills and pension hacks – eight reprieves from Reeves’ £26bn Budget battering

CHANCELLOR Rachel Reeves may have hit us with £26billion of tax rises, but you can fight back by shielding your cash.  As a result of her Budget this week, average households face being £850 worse off in 2029-30 compared to this year, the Joseph Rowntree Foundation warns.  Lucy Andrews, Deputy Consumer Editor, presents her eight-step...

Economics

17 h. ago Reeves accused of misleading public on Budget black hole to justify £26bn tax raid

Badenoch claims chancellor ‘lied to the public’ and was ‘bribing Labour MPs to save her own skin’

Economics

20 h. ago Full breakdown confirmed after new Council Tax bands announced

The Government announced that, from April 2028, it plans to introduce a new High Value Council Tax Surcharge (HVCTS) on owners of residential property in England worth £2 million or more

Economics

28 h. ago SNP Government can NOW afford a council tax freeze thanks to Rachel Reeves’ budget

THE SNP Government can now afford a council tax freeze thanks to Rachel Reeves’ budget, it emerged yesterday. The Chancellor’s block grant increase could be used by John Swinney to announce tax cuts after Christmas — with around £307million freed up for next year. It means Labour’s latest hike to Scottish Government funding — now...

Politics

29 h. ago London’s most affordable family home hotspots for well below the new £2 million 'mansion tax' threshold

The government has confirmed plans to impose a "mansion tax" by doubling the council tax on homes worth more than £2 million across the country.

Economics

43 h. ago IFS responds to £150 cut to energy bills pledged in Rachel Reeves’ Budget – will it work?

Some climate campaigners have criticised the move by Rachel Reeves to cut green levies

Economics

43 h. ago Labour's new 'mansion tax' sparks fears of 'Big Brother snoopers' marauding the streets to spy on Brits' homes

In her Budget on Wednesday, Chancellor Rachel Reeves said she was introducing a 'high value council tax surcharge' in England for homes worth £2million or more.

Politics

58 h. ago Burst in AI bubble could blow £26bn hole in Rachel Reeve's hopes of balancing the books

It was the first time the Office for Budget Responsibility has outlined how public finances could be affected if the rally in tech stocks sparked by the boom in artificial intelligence crashes.

Economics

65 h. ago Millions more dragged into paying higher income tax in Reeves’s £26bn Budget squeeze

Chancellor admits ‘I am asking ordinary people to pay a little more’ as she unveils 43 tax rises, but finally scraps the much-criticised two-child benefit cap

Economics

66 h. ago Will the Budget slash £150 off my energy bill? Reeves makes bold pledge with cut to green levies

Some climate campaigners have criticised the move by Rachel Reeves to cut green levies

Economics

66 h. ago Rachel Reeves says budget will cut living costs after shock OBR leak

Chancellor unveils action on energy bills, rail fares and two-child benefit cap as she reveals £26bn tax risesHow does freezing tax thresholds affect your tax bill?Budget 2025: key points at a glanceRachel Reeves has declared her budget will slash living costs for millions including ending the two-child benefit limit and cutting energy bills, but taxes are set to soar by £26bn to plug a gaping shortfall in the public finances.Major measures in the budget leaked early in a shock accidental release by the Office for Budget Responsibility (OBR), triggering an instant bond market reaction an hour before the chancellor was on her feet in the House of Commons. After months of speculation, Reeves said her measures would put the public finances on a sustainable path while building “a fairer, a stronger, a more secure Britain” by tackling inflation and investing in large infrastructure projects. Continue reading...

Economics

67 h. ago Budget 2025 live: Rachel Reeves announces £26bn tax rises and scraps two

Tory leader Kemi Badenoch brands package of measures ‘a smorgasbord of misery’ and urges chancellor to resign

Economics

68 h. ago Government targets expensive homes and landlords with property taxes

Experts said the new high value council tax surcharge, dubbed a ‘mansion tax’, could have knock-on effects for the property market.

Politics

69 h. ago Budget 2025 live: Rachel Reeves announces £26bn plan for income tax, pensions and ISA cuts after OBR leak

Chancellor unveils series of tax hikes to fill black hole in public finances in addition to ditching two-child benefit cap and changes to ISAs

Economics

69 h. ago Huge change to council tax with four new categories and £7,500 annual charge

Chancellor Rachel Reeves announced the so-called 'mansion tax' measure during Wednesday's Budget speech

Economics

69 h. ago Watch live: Rachel Reeves announces £26bn tax rises as MPs react

Watch live from the Commons after Rachel Reeves delivered her Budget speech on Wednesday (26 November).

Economics

69 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

69 h. ago Rachel Reeves Budget's 10 key points as major benefit and ISA changes explained

Chancellor Rachel Reeves unveils £26bn tax rises including mansion tax on homes over £2m, scrapping the two-child benefit limit, rail fare freeze and minimum wage hike

Politics

2 d. ago Autumn Budget 2025 major 'mansion tax' announcement and how it could impact property market

The UK's most expensive homes are set to be hit with a new high value council tax surcharge

Economics