43 m. ago More than 500,000 people in London and South East to be dragged into paying 40% income tax after Reeves Budget

The Chancellor was facing criticism that she was hitting workers with tax rises to pay for more benefits

Economics

2 h. ago Rachel Reeves faces grilling over her 'spend now, pay later' Budget hitting millions with £26bn more in taxes

The Chancellor’s statement put Britain on course for a record tax burden as she hikes levies

Economics

10 h. ago Stealth tax raid will see a MILLION more pensioners dragged into paying income tax

A million more pensioners will be dragged into paying income tax after Rachel Reeves confirmed she would extend the freeze on thresholds for another three years.

Economics

15 h. ago Millions more dragged into paying higher income tax in Reeves’s £26bn Budget squeeze

Chancellor admits ‘I am asking ordinary people to pay a little more’ as she unveils 43 tax rises, but finally scraps the much-criticised two-child benefit cap

Economics

16 h. ago Rachel Reeves dodges question on her future after Budget unveiled

Rachel Reeves dodged a question about whether she would still be chancellor at the next general election after unveiling a package of £26bn tax hikes in the Budget.

Politics

16 h. ago Rachel Reeves says budget will cut living costs after shock OBR leak

Chancellor unveils action on energy bills, rail fares and two-child benefit cap as she reveals £26bn tax risesHow does freezing tax thresholds affect your tax bill?Budget 2025: key points at a glanceRachel Reeves has declared her budget will slash living costs for millions including ending the two-child benefit limit and cutting energy bills, but taxes are set to soar by £26bn to plug a gaping shortfall in the public finances.Major measures in the budget leaked early in a shock accidental release by the Office for Budget Responsibility (OBR), triggering an instant bond market reaction an hour before the chancellor was on her feet in the House of Commons. After months of speculation, Reeves said her measures would put the public finances on a sustainable path while building “a fairer, a stronger, a more secure Britain” by tackling inflation and investing in large infrastructure projects. Continue reading...

Economics

16 h. ago Budget 2025: 1.7 million workers to pay more income tax due to Reeves’s ‘stealth tax’

It will mean £140 more in tax for hundreds of thousands of earners

Economics

17 h. ago Budget 2025 live: Rachel Reeves announces £26bn tax rises and scraps two

Tory leader Kemi Badenoch brands package of measures ‘a smorgasbord of misery’ and urges chancellor to resign

Economics

17 h. ago Budget 2025: Renters braced for price hikes after Rachel Reeves hits landlords with tax increase

The Conservative leader says Rachel Reeves’s plan to increase taxes on rental income will force landlords out of the market and leave tenants paying the price

Economics

18 h. ago Reeves launches £26 billion tax raid as welfare spending rises

Chancellor Rachel Reeves’s announcements will leave 1.7 million people paying more income tax.

Economics

19 h. ago Budget 2025: 1.7 million workers to pay higher income tax rates due to Reeves’s ‘stealth tax’

It will mean £140 more in tax for hundreds of thousands of earners

Economics

19 h. ago Budget 2025 live: Rachel Reeves announces £26bn plan for income tax, pensions and ISA cuts after OBR leak

Chancellor unveils series of tax hikes to fill black hole in public finances in addition to ditching two-child benefit cap and changes to ISAs

Economics

19 h. ago Budget 2025 LIVE: Rachel Reeves unveils £26bn tax raid but cuts energy bills amid leak fiasco

Rachel Reeves calls the blunder by the Office for Budget Responsibility ‘deeply disappointing’ as she delivers Budget

Economics

20 h. ago Budget 2025 live: Rachel Reeves delivers £26bn tax rises after OBR leaks plan early

Chancellor unveils series of tax hikes to fill black hole in public finances in addition to ditching two-child benefit cap and changes to ISAs

Economics

20 h. ago Criminal inquiry demanded as ‘unprecedented’ leak of Chancellor's Budget reveals £26bn tax rises

Rachel Reeves condemns ‘deeply disappointing’ accidental release of Budget details ahead of her Commons statement

Economics

23 h. ago Budget 2025 LIVE: Chancellor Rachel Reeves admits people are 'angry' over economy ahead of tax raid statement

A ‘mansion tax’, income tax threshold freeze extension and pay-per-mile levy for electric vehicle drivers are among the measures the Chancellor is expected to announce today

Economics

26 h. ago Budget 2025 LIVE: Chancellor Rachel Reeves to announce tax and spending plans in critical moment for Labour and UK economy

A ‘mansion tax’, income tax threshold freeze extension and pay-per-mile levy for electric vehicle drivers are among the measures the Chancellor is expected to announce today

Economics

42 h. ago What is the ‘stealth’ rise in income tax and how will it affect me after the Budget?

The prime minister refused to rule out income tax thresholds being frozen – which could lead to people paying more

Economics

49 h. ago State pension £561 boost from April – but there's one tax catch for this reason

From April next year, the state pension is set to increase by 4.7% due to the triple lock, but the frozen personal allowance could mean more pensioners paying income tax

Economics

59 h. ago Fury at 5m Brits paid NOT to work – as Reeves’s Budget will make 10m pensioners pay income tax

FIVE million people are now on benefits with no requirement to work — as Rachel Reeves gets ready to hike taxes to pay for even more welfare spending. The revelation ahead of tomorrow’s Budget sparked claims that Britain is in the grips of a welfare “crisis”. While benefits spiral, it emerged 10 million pensioners could...

Economics