58 m. ago I won't quit even if I break my promise not to raise tax, Rachel Reeves says

The Chancellor hinted she is considering the first rise in the basic rate of income tax for half a century, saying 'we will all have to contribute' at the November 26 Budget.

Politics

3 h. ago Rachel Reeves asked resignation question on LBC after Budget tax rises hint

In a rare pre-Budget speech earlier today, Chancellor Rachel Reeves refused to stand by Labour's election promise not to hike income tax, VAT, or national insurance

Economics

5 h. ago All the hidden clues Rachel Reeves was not as calm as she tried to portray during her surprise pre

The Chancellor took the highly unusual step of teeing up her fiscal package in Downing Street today where she ominously paved the way for her broad tax assault.

Politics

5 h. ago Susanna Reid and Lorraine Kelly mock Rachel Reeves for 'bonkers' Downing Street Budget speech

Rachel Reeves put Britain on notice for higher taxes saying ‘we will all have to contribute’ to the country’s economic future in a speech on Tuesday

Politics

6 h. ago Now Labour faces revolt over tax raid on 'working class' as Reeves warns EVERYONE will suffer from Budget not just the 'rich'

Left-wingers have demanded Rachel Reeves spares the 'working class' after she took the highly unusual step of laying the ground for her fiscal package with a speech in Downing Street.

Events

7 h. ago Labour revolt over tax raid on 'working class' as Reeves warns EVERYONE will suffer from Budget not just the 'rich'

Chancellor Rachel Reeves talked up the need to 'invest' as she took the highly unusual step of teeing up her fiscal package with a speech in Downing Street .

Events

7 h. ago Brexit, Trump, Covid, the Tories: All the things Rachel Reeves blamed for breaking Labour's promise not to put up your taxes... and the one person she didn't!

The Chancellor refused to recommit to Labour 's manifesto promise not to increase income tax, National Insurance or VAT.

Politics

8 h. ago Reeves puts country on notice for tax hikes as ‘each of us must do our bit’

In a pre-Budget speech, Rachel Reeves said: ‘If we are to build the future of Britain together, we will all have to contribute to that effort.’

Politics

8 h. ago SNP ministers may be forced to slash public spending or hike taxes due to UK Budget 'hard choices'

The Fraser of Allander Institute estimated a 2p rise in UK income tax could cut Holyrood’s budget by £1 billion due to the fiscal arrangements between Holyrood and Westminster.

Politics

8 h. ago Threat of income tax rise grows as Rachel Reeves gives clear sign she will break Labour manifesto pledge

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Events

8 h. ago Rachel Reeves speech latest: Chancellor has ‘no regrets’ if Labour breaks promise not to raise taxes in Budget

In recent weeks No 10 has repeatedly refused to re-commit to Labour’s manifesto pledges

Economics

8 h. ago QUENTIN LETTS: Reeves was a wan prophet of perdition honking like a malfunctioning cyborg

Few of us are at our best before breakfast but Rachel Reeves's early-morning speech was a horror show.

Politics

9 h. ago Rachel Reeves speech latest: Chancellor has ‘no regrets’ if Labour break promise not to raise taxes in Budget

In recent weeks No 10 has repeatedly refused to re-commit to Labour’s manifesto pledges

Economics

9 h. ago I expected the Budget to be bad... now, I fear it will be a horror that will devastate households across Britain. These are the tax rises coming

This month's Budget is going to be awful for households up and down the country.

Economics

9 h. ago ‘Wait and see’ if Reeves ups income tax but I will cut it in Scotland – Sarwar

The Scottish Labour leader said taxes set by the Scottish Government are ‘too high’.

Events

9 h. ago Budget: Pound plummets after Reeves hints at tax rises – but government bonds rally

The chancellor refused to rule out tax hikes and said the upcoming Budget will focus on lowering inflation

Politics

9 h. ago Slash spending instead of hiking taxes, Kemi Badenoch says as she tears into Chancellor's 'waffle bomb' pre

Kemi Badenoch delivered a brutal response after Chancellor Rachel Reeves effectively confirmed she will increase the burden again at the Budget.

Economics

10 h. ago 'She genuinely doesn't know what to do': Brutal verdict on Rachel Reeves from Labour ministers as insiders tell DAN HODGES the truth about Chancellor's speech

Rachel Reeves has just finished delivering her major speech framing this month's Budget. And it can be summed up in six words: 'Nothing to do with me, guv.'

Politics

10 h. ago ITV sparks more fury as Good Morning Britain star refuses to wear poppy

Kevin Maguire joined Susanna Reid and Ed Balls to discuss the latest news, as Chancellor Rachel Reeves addressed the nation with a pre-Budget speech.

Politics

10 h. ago Rachel Reeves puts UK on notice that tax rises are on the way with Brexit and Trump blamed

Rachel Reeves could become the first UK Chancellor in 50 years to rip up a manifesto commitment not to increase income tax.

Politics