14 h. ago Martin Lewis reveals letter he was sent by Rachel Reeves after shock O2 price hike

Martin Lewis wrote to Chancellor Rachel Reeves as part of his campaign to clamp down on mid-contract price hikes on mobile phone bills after recent announcements by telecoms giants

Events

17 h. ago Online betting firms hit with £1billion a year tax hike in Rachel Reeves' Budget

Chancellor Rachel Reeves has resisted heavy lobbying from betting firms and pressed ahead with a tax raid on internet gaming firms

Economics

19 h. ago Horse racing betting tax hell avoided thanks to Daily Star campaign

Chancellor Rachel Reeves ditched plans to hike the gambling tax on horse racing that would have cut punter's winnings and resulted in the loss of 40,000, according to industry experts

Politics

44 h. ago Budget 2025 latest: Sugar levy on milkshakes and lattes confirmed as first tax hike in Rachel Reeves’s Budget

Chancellor to unveil series of tax hikes to fill black hole in public finances in highly anticipated Budget on Wednesday

Economics

59 h. ago Spare Brits a ‘hammer blow’ fuel duty hike in Budget, MPs and industry bosses beg Rachel Reeves

RACHEL Reeves is facing a last-ditch plea to spare drivers a fuel duty hike in her tax-raising Budget. The Chancellor is weighing up scrapping the 2022 temporary 5p cut while pressing ahead with a 3p-a-mile charge for EVs. MPs and industry chiefs warn the move would pile costs on families struggling with bills. The AA...

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

8 d. ago Rachel Reeve's ‘milkshake tax’ could hike these drinks prices

Rachel Reeves is set to announce what may be the presumed "milkshake tax" in an effort to fill her £20 billion budget 'black hole' after she reverses her decision to increase income tax

Economics

9 d. ago Bank stocks tumble as Rachel Reeves 'could raid profits' in Budget after abandoning income tax hike

Barclays, Lloyds and HSBC shares were all down more than 2 per cent this morning as they headed a wider sell-off on markets.

Economics

1 week ago UK Budget process in ‘complete chaos’, says Scotland’s Finance Secretary

Reports suggest Chancellor Rachel Reeves has scrapped plans to hike income tax.

Economics

1 week ago Rachel Reeves ditches plans to hike income tax as UK borrowing costs jump

Income tax levels in Scotland are set by Holyrood but spending decisions set by Reeves have a major impact on how much funding is available to the SNP Government.

Economics

1 week ago The taxes Rachel Reeves could raise after income tax hike abandoned

There are many options on the table as the chancellor looks to raise considerable sums

Politics

1 week ago Major update on Rachel Reeves' plan to hike income tax this month

An income tax rise would help her bridge a fiscal black hole estimated by some economists to be as much as £50billion

Politics

1 week ago Rachel Reeves ‘abandons plans to hike income tax’ in Budget as families to avoid being stung for thousands of pounds

RACHEL Reeves has axed plans to raise income tax at the Budget, it has been reported. The Chancellor was expected to hike income tax in a breach of her manifesto commitment to help plug the nation’s finances. But it is understood she has now ditched those plans amid fears it could alienate voters and backbench Labour MPs, as reported...

Economics

2 w. ago Tax rises are coming... and if air travellers are sacrificed to pay even more, it will be a disaster for Britain, says former BA boss

Rachel Reeves' plans to hike taxes on holidaymakers would be a 'disaster for Britain', a former British Airways boss has warned.

Economics

3 w. ago Rachel Reeves insists she won't resign as tax hike rumours rumble on

The chancellor has insisted she won't resign if she raises taxes in the Autumn Budget

Politics

3 w. ago 'She's attacking the wrong people!': Daily Mail readers stick the boot in to Rachel Reeves over tax hike plans... and predict what will happen next

Commenters were staunchly opposed to reports the Chancellor will go back on Labour 's manifesto promise not to increase taxes for 'working people' in her Budget on November 26.

Events

3 w. ago M&S profits dive 99% after cyber attack but cost is LESS than forecast

M&S profits have plunged in the fallout from a major cyber attack on top of a £50million hit from Rachel Reeves' national insurance hike.

Economics

3 w. ago M&S profits dive after cyber attack but cost is LESS than forecast

M&S profits have plunged in the fallout from a major cyber attack on top of a £50million hit from Rachel Reeves' national insurance hike.

Economics

3 w. ago Rachel Reeves lays the ground for tax rises as Chancellor admits 'necessary choices' are coming in Budget: Live updates

LIVE UPDATES: Follow the latest as Chancellor Rachel Reeves uses an early morning speech in Downing Street to address 'speculation' about the contents of her November 26 Budget.

Economics

3 w. ago Rachel Reeves to promise 'fairness' in budget as income tax hike speculation mounts

"You will all have heard a lot of speculation about the choices I will make. I understand that - these are important choices that will shape our economy for years to come.”

Economics