3 h. ago Rachel Reeves hints taxes will rise at next Budget and blames cost of Brexit

The Chancellor said “of course, we’re looking at tax and spending” as she prepares for her November 26 statement.

Economics

5 h. ago Chancellor Rachel Reeves hints she's looking for tax rises and spending cuts in upcoming Budget

Chancellor Reeves fails to accept responsibility for economic woes as she blames impact of Brexit, austerity policies and ex-PM Liz Truss's mini-budget

Economics

6 h. ago Politics latest: Reeves hints at tax rises and spending cuts to break out of Britain’s ‘doom loop’

The chancellor said ‘of course, we’re looking at tax and spending’ ahead of her November 26 statement

Politics

6 h. ago Is ANY of it your fault, Rachel? Reeves blames Brexit, austerity, Farage and the Tories as she admits tax rises and spending cuts ARE coming in the Budget

Rachel Reeves tried to slough off responsibility as she gave the clearest indication yet that more pain is coming in the Budget.

Economics

6 h. ago Reeves admits she’s looking at tax rises and spending cuts in Budget

The chancellor blamed Brexit for the move, saying it has had a ‘severe’ impact on the public finances

Economics

7 h. ago Rachel Reeves drops biggest hint yet on tax rises and spending cuts in Budget

Chancellor Rachel Reeves said 'of course, we're looking at tax and spending' as she scrambles to plug a black hole in the public finances estimated to be at around £50billion

Economics

68 h. ago Reeves looks at bigger tax rises and spending cuts to build up UK fiscal buffer

Bond investors have urged chancellor to increase headroom to avoid breaking borrowing rule

Economics

6 d. ago Kemi Badenoch emphatically sees off Tory leadership rivals with stunning 'big bazooka' promise to abolish stamp duty and 'save Britain' from Starmer's doom loop

Tory leader Kemi Badenoch electrified her party's annual conference in Manchester by announcing plans for an audacious £9 billion tax cut funded by a crackdown on welfare and waste.

Politics

7 d. ago Kemi Badenoch paves the way for £25billion in tax cuts with new 'Golden Rule' for the economy

The Conservative leader will pledge to 'bring down the taxes stifling our economy' and reverse Labour 's 'borrowing and tax doom loop'.

Economics

1 week ago UK government owes children apology for damaging Covid errors, inquiry hears

Children’s commissioner during pandemic says long lockdowns caused explosion in vulnerability among youngThe government should apologise to children for the damaging mistakes and policy errors it committed during the pandemic, the former children’s commissioner for England has told the Covid-19 inquiry.Giving evidence to the inquiry’s public hearing on Thursday, Anne Longfield said a “doom loop” of fatalism among ministers meant the government failed to do more to help children. She argued that the prolonged lockdowns and school closures were responsible for the explosion in mental health, welfare and behaviour difficulties still being experienced by children and young people. Continue reading...

Politics

2 w. ago Rachel Reeves drops massive hint on Budget tax rises ahead of major speech

Chancellor Rachel Reeves said the 'world has changed' as she declined to repeat her pledge that she wouldn't carry out another round of tax hikes in the Budget

Economics

2 w. ago Rachel Reeves fuels fears over VAT raid and hints at tax rises AND spending cuts in Budget as she blames 'global headwinds' for economy stalling

Rachel Reeves said she had made a 'solemn promise' to stabilise the finances as she dodged on how she plans to fill an estimated £30billion gap in the government's books.

Economics

2 w. ago Anas Sarwar attacks 'doom loop' UK watchdog over fears of £30bn of Budget tax rises

EXCLUSIVE: The Scottish Labour leader rounded on the Office of Budget Responsibility over its economic forecasts party figures believe are damaging the UK Government.

Economics

2 w. ago Tories warn Rachel Reeves is condemning country to an economic 'doom loop'

Robert Jenrick warned the Chancellor would have to put up taxes in November's budget to fund plans for 'crazy spending'.

Events

3 w. ago Chancellor Rachel Reeves warned her tax hikes risk sending UK economy into a 'doom loop'

In a bleak report ahead of the Budget in November, the Office for National Statistics revealed the Government borrowed £18billion last month alone as it spent more on the state than it raised in tax.

Events