23 h. ago Why breaking a manifesto promise on tax may be Labour's least

The government can raise taxes or make another possibly doomed attempt to cut spending, but what it cannot do is increase the national debt

Politics

34 h. 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

36 h. ago Just one in five voters approve of Reeves breaking manifesto tax pledge at Budget, new poll shows

Exclusive: The government needs to provide a positive vision for change if it wants to win the public’s backing for manifesto-breaking tax rises, a new report shows

Politics

38 h. ago Almost 9million pensioners to be hit by Rachel Reeves' 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

43 h. ago 2p or not 2p? Rachel Reeves 'tells Budget watchdog she plans to break Labour's manifesto' as Chancellor mulls 'putting 2p on income tax while cutting 2p from National Insurance'

The Chancellor is said to have told the Office for Budget Responsibility (OBR) that a rise in personal taxation is one of the 'major measures' she is planning to announce.

Economics

59 h. ago Labour's new deputy leader warns party not to break tax manifesto promise

Former Cabinet minister Lucy Powell says it is important for Keir Starmer's government to stand by the promises made before Labour's landslide election victory

Events

3 d. ago Reeves must slash tax again before next election if she breaks manifesto pledge, Tony Blair think tank warns

Labour chancellor told any tax hikes must be temporary in a bid to break Britain’s ‘tax-and-spend doom loop’

Events

3 d. ago Labour MPs turn on Rachel Reeves as Chancellor hints at breaking manifesto pledge not to raise income tax

The Chancellor hinted this week that she is considering a manifesto-busting rise in income tax as she grapples with a black hole in the public finances estimated at up to £30 billion.

Politics

4 d. ago Reeves pledges to build bigger cushion in Budget to ‘withstand global turbulence’

Opposition parties criticise chancellor over speech that opens door to manifesto-breaking income tax rise

Politics

5 d. ago My sources have told me about the catastrophic tax rises to come. Pensioners will be horrified... this is where Labour's going to strike and it's devastating: JEFF PRESTRIDGE

With every day that passes it becomes more apparent that the Chancellor will, later this month in the Budget , break Labour 's manifesto commitment not to increase income tax.

Economics

7 d. ago Starmer to face cabinet backlash if he breaks manifesto pledge on income tax

Senior ministers fear rumoured plans could backfire significantly with already-weary voters

Politics

8 d. ago Would Rachel Reeves dare to hike income tax? This is Money Podcast

Despite assurances that Labour would not break its election manifesto by hiking income tax , it appears it is under consideration for the Autumn Budget.

Economics

1 week 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

1 week ago £50BILLION black hole misery for Reeves: Productivity downgrade blow to Chancellor

The Chancellor is now increasingly likely to have to break Labour 's manifesto pledge not to put up income tax, National Insurance or VAT, said experts.

Economics

1 week ago KEN COSTA: We are still a month from Reeves' Budget... and it's already developing into a financial horror show

Having explored just about every other conceivable tax rise the Chancellor seems to have settled once again on the idea of breaking Labour's manifesto promise and raising rates of income tax.

Economics

2 w. ago Rachel Reeves under pressure to target high earners in Budget tax raid

Exclusive: The chancellor is being pushed to break Labour’s manifesto pledge on not raising income tax

Events

2 w. ago Rachel Reeves facing resignation calls as she's 'considering hiking income tax'

Doom-and-gloom chancellor Rachel Reeves is facing resignation calls after it emerged she is considering breaking Labour’s manifesto by hiking income tax.

Politics

2 w. ago Desperate Rachel Reeves is 'actively discussing' smashing Labour's manifesto by hiking income tax at Budget as she struggles to fill '£40bn' black hole

Increasing income tax is said to be a 'live debate' between the Chancellor and her aides amid fears she cannot bring in enough cash by solely targeting the 'rich'.

Economics

2 w. ago Chancellor Rachel Reeves 'is in active discussions about breaking Labour's manifesto pledge and putting a penny on income tax to fill £30billion budget gap'

The Chancellor is eyeing up a series of tax raids as she seeks to fill a £30billion black hole in the public finances next month.

Economics

2 w. ago Rachel Reeves ‘considering breaking Labour manifesto pledge with income tax raid’

Rachel Reeves is reportedly considering raising income tax to help fill an estimated shortfall of between £30bn and £50bn

Politics