5 h. ago ‘The debasement trade’: is this what’s driving gold, bitcoin and shares to record highs?

Investors fear governments will not – or cannot – rein in borrowing so are putting their money elsewhereNils Pratley: the AI valuation bubble is now getting sillyInvestors are piling into assets such as gold, bitcoin and shares amid worries about government debt, central bank independence, and the weakness of major currencies such as the dollar. The trade has even been given a moniker: the “debasement trade”. But what does it mean? Continue reading...

Politics

11 h. ago High tax fears ahead of Budget sends business confidence to lowest level in three years

HIGH tax fears ahead of next month’s Budget have sent business confidence to its lowest level in three years, a survey shows.  Company bosses fear a Groundhog Day experience as concerns grow they will bear the brunt of another slew of punishing taxes.  Optimism levels appear to be in freefall as tax concerns hit profits growth, recruitment and investment plans.  Businesses have now...

Economics

40 h. ago BRIDGET PHILLIPSON: 'I guarantee child poverty will fall in this Parliament'

Labour deputy leadership hopeful Bridget Phillipson sets out her pitch for job in the Mirror as she pledges to put the party's soul in the heart of the Government

Politics

45 h. ago Three tax raids that Rachel Reeves could hit households with in the Autumn Budget, according to experts

WITH Chancellor Rachel Reeves set to announce her Autumn Budget next month, many will be wondering how it's going to hit their pockets. There are fears taxes will go up for households across the UK, as the government tries to fill a £30billion black hole in the public finances. Experts from Oxford Economists have this...

Economics

49 h. ago New plan for 'pension tax lock' as people rush to withdraw lump sum amid Rachel Reeves change fear

A new campaign is urging the Chancellor to introduce a Pension Tax Lock to help protect retirement savings and incentives

Economics

65 h. ago Starmer faces cabinet revolt over Budget tax rises that could drive wealthy away

‘The trouble is we have crossed a line in trying to encourage aspiration. The non-dom change and the VAT on school fees have sent the opposite message,’ minister tells The Independent

Economics

2 d. ago Andy Burnham drops 'wealth tax' bombshell with another huge demand

The Manchester Mayor Andy Burnham warned local government’s finances were on questionable 'foundations', and also urged the Chancellor Rachel Reeves to consider a wealth tax

Events

3 d. ago Reeves's Budget 'to loosen planning rules and mount £2bn tax raid on banks as well as raising VAT' in desperate attempt to balance the books

The Chancellor is scrambling to fill an estimated £30billion black hole in the public finances before she presents her next tax and spend package on 26 November.

Economics

4 d. ago Rachel Reeves 'would wipe £136bn off the economy' if she hikes property tax, experts warn

Treasury officials have been examining plans to impose capital gains tax on main residences and reverse changes the Tories made when they were in power last year.

Economics

5 d. ago Clear visions for tax reform exist — Reeves just needs to back one

Our system is a mess but experts have already set out what would make it coherent, efficient and equitable

Politics

6 d. ago TOM UTLEY: It's cruel and immoral of Reeves not to tell us whether she plans to snatch away tax

On the advice of my financial planners, this week I joined the stampede to grab a tax-free lump sum from my pension pot before next month's Budget , which so many of us dread.

Politics

7 d. ago 'Enough is enough!': Tesco boss urges Rachel Reeves to avoid tax hikes

The boss of Tesco has warned the Chancellor that 'enough is enough' amid fears of more tax rises as the supermarket upgraded its annual profits.

Economics

7 d. 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

7 d. ago Kicking out SNP would let Labour create thousands of jobs in Scotland, says Ed Miliband

Energy Secretary attacks Scottish Government for failing to embrace nuclear power

Politics

8 d. ago AO boss says Rachel Reeves' NI tax hike and new workers' rights bill make it tougher for UK firms to compete with China

John Roberts said last Autumn's budget had left his electrical company facing an extra £8m charge a year meaning it was 'unable to carry the costs' of competitors.

Economics

8 d. ago Exotic zoo owner blames Rachel Reeves' inheritance tax raid for having to sell his £2.75m wildlife park complete with zebras, American bison and capybaras

Steve Cardell built Cassiobury Farm on a derelict site in Watford, transforming a former tip into a 15-acre zoo, fishery and conservation project.

Economics

8 d. 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

9 d. ago Over 100 jobs to go at Lindsey oil refinery as union slams government

The owner Prax Group collapsed earlier this year

Politics

9 d. ago Streeting vetoes Treasury VAT raid on private health that could have hit millions of families as Rachel Reeves desperate struggles for ways to raise tax

Health Secretary Wes Streeting moved to crush the idea being mooted within government amid fears it would have hit eight million families.

Economics

9 d. ago DAILY MAIL COMMENT: Rachel's in Wonderland. The rest of us should be counting the spoons...

Artificial intelligence may be replacing entry-level jobs with alarming speed and firms are slashing recruitment because of swingeing business tax rises, but Rachel Reeves has the solution.

Politics