73 m. ago Cheat the Week: Reeves admits she’s mulling tax rises and spending cuts

This week’s biggest news stories in review, and how the media has covered them

Economics

42 h. ago Gilts stage rally as Reeves looks at tax rises and spending cuts

UK 10-year government borrowing costs see biggest weekly fall since April

Economics

51 h. ago Raising VAT would cut spending power TWICE as much as raising income tax, Rachel Reeves is warned

The Chancellor has been warned that raising VAT in the Autumn Budget would have a more detrimental effect on the economy than income tax hikes.

Events

53 h. ago BBC warns more repeats will air in primetime slots if Ofcom cannot change rules

The BBC has been forced to cut spending on new shows as they battle an exodus of licence fee payers turning their backs on the channel.

Events

60 h. ago Labour tax pledge stands, says No 10, as Reeves rolls pitch for hikes on wealthy

The Chancellor has acknowledged she is looking at potential tax rises and spending cuts at her November 26 Budget.

Economics

61 h. ago Londoners in the firing line for tax rises as Reeves says levy on wealthy 'will be part of story' at Budget

Chancellor says higher taxes on the wealthy will be ‘part of the story’ when she delivers her Budget on November 26

Economics

63 h. ago 'I'm 27 with £77K saved and plan to retire by 40 thanks to 5 thrifty rules'

A money-savvy woman has opened up about how she manages to cut back on spending, invest, make extra money from side hustles, and save £27 every day and £10,000 a year

Economics

68 h. ago Rachel Reeves admits she is planning tax hikes and spending cuts in Budget

The Chancellor will have to fill a black hole estimated at around £50billion

Economics

3 d. ago UK and allies failing women as push for military spending sparks aid cuts, Oxfam says

Military spending rose by $1.5 trillion in 84 countries in 2024 as aid for gender equality fell, a report by Oxfam says

Events

3 d. 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

3 d. ago Politics latest: Reeves hints at tax rises and spending cuts to break out of Britain’s ‘doom loop’

The chancellor said ‘of course, we’re looking at tax and spending’ ahead of her November 26 statement

Politics

3 d. ago Rachel Reeves gives tax rises and cuts update and blames Brexit

Chancellor said 'of course, we’re looking at tax and spending' in new interview before November 26 Budget

Politics

3 d. ago Is ANY of it your fault, Rachel? Reeves blames Brexit, austerity, Farage and the Tories as she admits tax rises and spending cuts ARE coming in the Budget

Rachel Reeves tried to slough off responsibility as she gave the clearest indication yet that more pain is coming in the Budget.

Economics

3 d. 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

3 d. ago Rachel Reeves drops biggest hint yet on tax rises and spending cuts in Budget

Chancellor Rachel Reeves said 'of course, we're looking at tax and spending' as she scrambles to plug a black hole in the public finances estimated to be at around £50billion

Economics

4 d. 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

5 d. ago Nigel Farage vows no tax cuts before public spending is curbed by a Reform government as he 'ditches election manifesto' on the economy

In its 2024 election manifesto Reform unveiled plans for its first 100 days that included cuts to stamp duty, fuel duty and energy taxes, the abolition of IHT and changes to income tax thresholds.

Politics

5 d. ago Education cuts in prisons ultimately endanger the public, watchdog says

Charlie Taylor hits out at risk of real-terms spending cuts in prisons in England and Wales derailing work to break cycle of reoffendingCuts to education in prisons are derailing offenders’ work and training and ultimately endangering the public, the prisons watchdog has warned.Repeat offenders “cause mayhem” in their communities because of the failure of prisons to provide education, training and work that could help to break the cycle of offending, the chief inspector of prisons, Charlie Taylor, said. Continue reading...

Events

5 d. ago Farage to give up Reform’s manifesto pledge for £90bn in tax cuts

Reform UK leader Nigel Farage will promise not to reduce taxes before cutting spending and making savings in the civil service at a major speech next month

Economics

6 d. ago Reeves looks at bigger tax rises and spending cuts to build up UK fiscal buffer

Bond investors have urged chancellor to increase headroom to avoid breaking borrowing rule

Economics