11 h. ago Rachel Reeves hit with headache after economy shrinks amid fresh fears of tax hikes

The Office for National Statistics said the UK economy shrank by 0.3% in April. Meanwhile, experts are warning that council tax bills will rise following Chancellor Rachel Reeves's spending review

Economics

12 h. ago Poorest Brits to benefit most from Rachel Reeves's Spending Review

The poorest Brits will benefit most from Rachel Reeves’s public sector spending spree but tax rises look likely in the autumn, think tank the Resolution Foundation has said

Politics

15 h. ago Britain on track to become a ‘National Health State’, says thinktank

Resolution Foundation says half of all public spending will be allocated to the NHS and social care by the end of the decadeBusiness live – latest updatesBritain is on track to become a “National Health State” where half of all public spending is allocated to the NHS and social care by the end of the decade, according to a leading thinktank.Rachel Reeves used her spending review on Wednesday to prioritise billions of pounds for the NHS as she outlined Labour’s priorities up to the next general election, while squeezing funding for other areas. Continue reading...

Events

15 h. ago Tax rises will come if economy shrinks further, IFS warns Rachel Reeves after Spending Review

The Spending Review delivered by Chancellor Rachel Reeves has had a mixed response.

Events

15 h. ago How much could YOUR council tax be going up? The pain looming for households as they face the 'fastest bill rises in 20 years' under Rachel Reeves' plans

As part of the Chancellor's spending plans, the Treasury suggested that local authorities would hike bills by 4.99 per cent a year for the rest of this Parliament.

Economics

15 h. ago Tax rises 'almost inevitable' as IFS torches Rachel Reeves' spending plans warning NHS and defence will need topping up and cost

IFS director Paul Johnson said he would be 'very surprised indeed' if heath and defence funding did not need topping up before the next election.

Events

16 h. ago Tax hikes will come if economy shrinks any further, IFS warns Rachel Reeves

In a scathing assessment, the Institute for Fiscal Studies (IFS) suggested the Treasury was at times ‘making up the numbers’

Events

16 h. ago Voices: Yes, ‘Renewal’ Reeves needs to raise taxes – but how will she pull it off?

The chancellor’s fiscal headroom is already compromised by her commitment to tackle child poverty, writes Sean O’Grady. So she needs luck – and to be more boring than ever – to raise the revenue she desperately needs

Politics

18 h. ago Rachel Reeves fails to rule out future tax rises as economy shrinks

However, the Chancellor repeated her promise that she would not need to increase taxes on the same scale as last year.

Economics

19 h. ago Rachel Reeves refuses to rule out Autumn Budget tax rises as economy shrinks 0.3% in April

Latest GDP estimate worse than the 0.1% fall expected by economists

Economics

28 h. ago A reckless splurge we (and our children) will be paying off for years: Voters brace for tax hikes as Rachel Reeves embarks on unprecedented spending spree

In a return to Labour's tax-and-spend approach, the Chancellor set out plans to 'invest' a staggering £4 trillion to fund 'the renewal of Britain'.

Economics

31 h. ago Rachel Reeves warned tax rises are 'inevitable' as billions pledged for NHS and housing

Chancellor Rachel Reeves has pledged to put billions into the NHA and housing in hopes of "renewing Britain” but critics have said it was “almost inevitable” that their will be further tax rises

Events

31 h. ago Rachel Reeves has given the Starmer administration a new narrative: Investment, growth and expansion

Editorial: Alongside the Brexit reset, new trade deals and planning reforms, the chancellor’s spending review should result in a stronger economy with a better long-term growth rate. But it will take time

Politics

31 h. ago There may be trouble ahead, but Labour should stick to the plan for national renewal

Editorial: With the Brexit reset, new trade deals and planning reforms, the chancellor’s spending review could result in a stronger economy with a better long-term growth rate. But it will take time

Events

32 h. ago 'Bombshell' council tax rise warning over Rachel Reeves' police funding plans

Chancellor accused of ‘relying on a hidden council tax bombshell to fund a half-hearted rise in police funding’ as she outlines Spending Review

Events

34 h. ago Reeves unveils record spending plans but experts warn of tax rises ahead

Chancellor announces £39bn boost for social housing, £29bn for NHS and £11bn for defence – and promises to close all asylum hotels as she takes a swipe at Farage and dismisses Tory warnings of a ‘cruel summer’ of tax rise

Events

34 h. ago Council tax 'bombshell' warning over Chancellor's police funding plans

The government was accused of ‘relying on a hidden council tax bombshell to fund a half-hearted rise in police funding’

Events

37 h. ago DAN HODGES: Rachel Reeves has opted to spend like a drunken sailor on shore leave in the Chagos Islands. It's now a matter of 'when' not 'if' she comes back to pick our pockets with tax rises

After the statement Rachel Reeves just delivered to unveil the Government's Spending Review, it appears she is actually cosplaying at being the new Liz Truss, says DAN HODGES.

Economics

38 h. ago Spend now, tax later! Rachel Reeves splurges on NHS and Net Zero... despite fears she has no idea where the money is coming from

Unveiling the Spending Review in the Commons, Chancellor Rachel Reeves claimed she is 'renewing Britain'.

Economics

39 h. ago Brits on high alert for tax hikes as Rachel Reeves unveils spending plans: Chancellor splurges on NHS and Net Zero... despite fears she has no idea where the money is coming from

Unveiling the Spending Review in the Commons, Chancellor Rachel Reeves claimed she is 'renewing Britain'.

Economics