8 h. ago Labour minister hints at tax hikes for middle class – but rules out rises for people on ‘modest incomes’

Transport secretary says ministers have promised not to raise taxes for ‘people on modest incomes’

Politics

10 h. ago Keir Starmer's ratings plunge to new record low after benefits shambles and Reeves' tears... with tax rise fears mounting

Just 18 per cent of Brits have a positive view of Keir Starmer's performance in Downing Street, according to a poll.

Politics

13 h. ago Labour's leader in Wales joins demands for 'wealth tax' as Rachel Reeves desperately tries to get a grip on '£30bn' hole in public finances

Baroness Morgan said 'those with the broadest shoulders should carry more of the burden' amid alarm that the Chancellor will have to raise another £30billion at the Budget.

Economics

49 h. ago The National Trust to axe 550 jobs after Rachel Reeves' tax raid budget added £10million to charity's annual wage bill

The conservation charity said rising costs were outstripping growth in visitors and donations and it needed to reduce the pay bill as well as finding savings worth £26 million

Economics

61 h. ago UK economy shrinks unexpectedly by 0.1% in blow to Rachel Reeves

May’s fall in GDP fuelled by sharp declines in manufacturing and constructionAnalysis: Fall in UK GDP puts focus back on expectations of tax rises in autumn budgetBusiness live – latest updatesBritain’s economy unexpectedly shrank in May, fuelled by sharp declines in manufacturing and construction, in a blow for the chancellor, Rachel Reeves, amid speculation over tax increases.The Office for National Statistics said gross domestic product fell by 0.1% in May, missing City predictions of a 0.1% monthly expansion. Continue reading...

Politics

62 h. ago Rachel Reeves tax grab to leave £4bn 'blackhole in public finances' and huge job losses

A study from the Centre for Economics and Business Research (CEBR) has found that non-doms who leave the UK instead of taking up Labour's less generous replacement will lead the tax take to be £4.6bn lower over five years.

Economics

3 d. ago A MILLION Brits face being dragged into higher tax rates costing £10bn amid fears Rachel Reeves will break her vow and extend hated 'stealth tax'

Fears are mounting that Chancellor Rachel Reeves will opt to extend the long-running stealth raid, as she faces an estimated £30billion hole in the government books.

Economics

4 d. ago Which tax rises could the government introduce to fill the black hole in Britain’s finances?

Labour’s pledge not to raise taxes on ‘working people’ leaves the chancellor with a limited number of workable options to fill the £5bn hole in the public finances left by last week’s welfare climbdown

Politics

4 d. ago How Labour is coming for YOUR money: Reeves is targeting wealth, pensions and Isas, warns JEFF PRESTRIDGE

Brace yourself for a summer of doom and gloom as Chancellor Rachel Reeves works out how to fill a gaping £40bn hole in the public finances.

Events

5 d. ago Brits demand cuts to spending as £30bn Rachel Reeves tax raid looms

The public is demanding spending is cut, not taxes hiked, with Chancellor Rachel Reeves facing a battle to balance the books, fresh polling has found

Economics

5 d. ago Rachel Reeves warned 'fantasy' wealth tax would drive away investors and fail like Spain's as desperate ministers refuse to rule out left

Alarm is growing about Labour targeting entrepreneurs as the government frantically tries to balance the books.

Events

6 d. ago Panic over Labour 'wealth tax' to fill £30bn black hole in government finances

The prospect of a charge on the assets of the well-off has been mooted as the Chancellor scrambles to fill a potential £30billion black hole in the public finances.

Economics

6 d. ago A wealth tax which would hit London hard is up to Chancellor Rachel Reeves, says minister

The Government is not ruling out new tax rises after a Labour revolt over welfare reforms blew a £5 billion hole in the Treasury’s spending plans

Politics

6 d. ago Imposing a wealth tax which would hit London hard is up to Chancellor Rachel Reeves, says minister

The Government is not ruling out new tax rises after a Labour revolt over welfare reforms blew a £5 billion hole in the Treasury’s spending plans

Politics

7 d. ago Even poorest OAPs face paying income tax in new stealth raid on state pension

Millions of Britain's poorest pensioners face being dragged into an 'old-age tax trap' as Chancellor Rachel Reeves desperately attempts to fill a growing black hole in the public finances.

Economics

8 d. ago Rachel Reeves refuses to rule out tax rises to cover scrapped welfare bill

Original welfare proposals had been part of a package expected to save up to £5 billion a year

Economics

8 d. ago Reeves refuses to rule out tax rises after ‘damaging’ welfare bill U

Original welfare proposals had been part of a package expected to save up to £5 billion a year

Economics

8 d. ago Raising a big tax is Rachel Reeves' only way of balancing the books to fill fiscal black hole, experts warn

It came as a damning new poll by YouGov showed that three-quarters of Britons believe Ms Reeves will smash Labour's vow by putting up one of the UK's main taxes.

Events

9 d. ago Rachel Reeves says she cannot rule out autumn tax rises after ‘damaging’ week

Exclusive: Chancellor says she never considered resigning and warns ‘there are costs’ to welfare bill U-turnRachel Reeves has said it is impossible for her to rule out tax rises in the autumn budget and insisted she never thought about quitting despite a turbulent week for her and the government.In an interview with the Guardian, the chancellor said “there are costs” to the watering down of the welfare bill and acknowledged it had been a “damaging” week for Downing Street. Continue reading...

Politics

1 week ago Voices: For crying out loud: are you ready for the ‘politics of pain’ about to hit us?

I once accused the PM and his chancellor of being too gloomy, writes John Rentoul. Turns out they were not gloomy enough – and they’ll have to lead the nation through another vale of tears

Politics