43 h. ago HUGO DUNCAN: Millions of middle class families are in Chancellor's crosshairs

HUGO DUNCAN: Don't be fooled by the Chancellor ruling out a 'wealth tax' on Thursday - even if she quashed hopes among lefty Labour backbenchers of a full-blown attack on the rich.

Society

52 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

56 h. ago Stop 'bleating' and pay more tax! Rachel Reeves declares war on the 'rich' ahead of Budget as she dismisses 'scaremongering' about wealthy fleeing UK

Chancellor Rachel Reeves sounded defiance amid growing alarm that another massive raid is coming at the Budget next month.

Economics

4 d. ago Welsh Conservatives offer home tax deal to back Labour budget

Darren Millar, leader of the Welsh Conservatives, has written to First Minister Eluned Morgan, offering to discuss a budget agreement.

Economics

5 d. ago Desperate Reeves 'could combine monster Budget tax hikes with council tax overhaul'

The IFS think-tank said Rachel Reeves should make fundamental changes - such as abolishing council tax and replacing it with a property tax.

Economics

5 d. ago Desperate Reeves 'could wrap monster Budget raid into council tax overhaul'

The IFS think-tank said Rachel Reeves should make fundamental changes - such as abolishing council tax and replacing it with a property tax.

Economics

9 d. ago Labour 'considers bringing back mansion tax' in Reeves's Budget that could mean ordinary homeowners paying thousands of pounds every year

Kemi Badenoch put property taxes firmly on the agenda with the bold stamp duty pledge in her conference speech yesterday.

Economics

9 d. ago Half want to abolish inheritance tax, even though only 1 in 20 will pay it

It comes as pensions are set to be included in inheritance tax calculations from 2027 under Labour plans, with further changes possible in the upcoming Budget.

Economics

1 week ago The Tories have vowed to abolish stamp duty – what is it and what will Labour and Reform do?

Kemi Badenoch pledges to make wide cuts as part of her ‘blueprint for Britain’

Politics

1 week ago Tory plan to abolish stamp duty ‘will benefit London and the wealthiest the most’ – UK politics live

The Social Market Foundation thinktank says council tax reform and a property-based tax would be more sustainable and fairerVoting in the Labour deputy leadership election opens today. Lucy Powell, the former Commons leader, is seen as the favourite and, as Jessica Elgot reports, Powell told supporters yesterday that, if she is elected, she will use the post to argue for changes in the way the government is operating. “We can’t sugarcoat the fact that things aren’t going well,” she said.Powell is no longer a government minister and, if she is elected deputy leader, she will do the job from the backbenches. In an interview on Newsnight last night, Bridget Phillipson, the education secretary standing against Powell, said a Powell victory would be “destabilising” for the party. She said:[Electing Powell] risks destabilising the party we best achieve what we need to do together when we have those fierce conversations, including disagreements, behind closed doors.Members need to understa...

Politics

1 week ago Property industry welcomes Kemi Badenoch's "transformative" pledge to abolish stamp duty on homes

Tory leader tells Conservative conference "our housing market is not working as it should."

Society

1 week ago Boss of banking app Revolut joins Britain's billionaire exodus as he leaves London for Dubai after Labour's tax raids on the wealthy

Nikolay Storonsky's departure is embarrassing for Rachel Reeves, who just two weeks ago attended the opening of the Revolut's new London headquarters.

Economics

1 week ago Kemi Badenoch paves the way for £25billion in tax cuts with new 'Golden Rule' for the economy

The Conservative leader will pledge to 'bring down the taxes stifling our economy' and reverse Labour 's 'borrowing and tax doom loop'.

Economics

1 week ago Labour has ruined lives of farming communities with tax policy, Tories claim

Shadow environment secretary Victoria Atkins pledged to scrap the ‘family farm tax’ at the Conservative party conference in Manchester.

Events

2 w. ago London tax bombshell: 170,000 would be hit by stealth income threshold freeze extension

Rachel Reeves admitted during the Labour Party Conference that she no longer stands by her pledge last year not to raise taxes

Events

2 w. ago Brexit to blame for Rachel Reeves’ tax hikes, Labour MP claims

A Labour MP has said ‘not a single tax’ would have had to increase if Britain had not left the EU

Politics

2 w. ago Labour conference live: Burnham backs Starmer as he dampens leadership bid rumours

Manchester mayor suggests speculation has stemmed from ‘overwritten’ and ‘inaccurate’ reporting

Politics

2 w. ago Business gives wary welcome to Reeves and Starmer as tax rises loom large at Labour conference

Executives urge ministers to follow through on promises to cut red tape

Economics

2 w. ago Calls for wealth tax to fund public services supported at Labour conference

Labour delegates passed the public spending motion, which called for the wealthy to ‘pay their fair share’.

Economics

2 w. ago Labour members back Burnham over Starmer in new leadership poll by large majority: Live updates

Polling comes amid increasing speculation over Manchester mayor’s Westminster ambitions

Politics