3 h. ago A MILLION families 'face having council tax DOUBLED' as Rachel Reeves looks to squeeze billions of pounds more out of every middle earner at Budget

Rachel Reeves is said to be looking at dramatically hiking the charge for the top bands amid a welter of measures to squeeze more out of the 'wealthy'.

Economics

11 h. ago Kemi Badenoch warns Rachel Reeves she would force pensioners out of their homes if she DOUBLES council tax for the highest

The Chancellor is said to be eyeing up a 100 per cent increase on the two highest council tax bands - G and H.

Events

19 h. ago Starmer to face cabinet backlash if he breaks manifesto pledge on income tax

Senior ministers fear rumoured plans could backfire significantly with already-weary voters

Politics

19 h. ago Rachel Reeves 'considering new tax on expensive homes’ in Budget

With just weeks to go until the Budget, the Chancellor is reportedly hoping going after the richest home owners will help plug the hole in the finances left by the Tories

Economics

22 h. ago Rachel Reeves considers 20% tax on assets of people deciding to leave UK

Plans for ‘settling-up charge’ predicted to raise £2bn and would follow policy in place among most G7 countriesRich people quitting the UK could be required to pay a 20% tax on their business assets as part of plans reportedly being considered by the chancellor, Rachel Reeves.The Treasury has drawn up plans for a “settling-up charge” on assets; a move that would bring the UK into line with most other G7 nations and raise a predicted £2bn for the public coffers, according to the Times. Continue reading...

Politics

23 h. ago Rachel Reeves considers ‘exit tax’ for wealthy Britons fleeing the country

Shadow cabinet minister Robert Jenrick slams Labour chancellor and calls for her to rule out ‘crazy’ and ‘desperate’ idea that would see ‘wealth creators sprint for the door’

Economics

25 h. ago Rachel Reeves ‘eyes tax raid on expensive homes’ in crunch Budget

Mansions and other high value houses in Labour chancellor’s sights as she prepares for crucial Budget later this month

Economics

39 h. ago Rachel Reeves plans Budget tax raid on expensive homes in England

UK chancellor predicted to plump for ‘least worst option’ of creating higher council tax bands

Economics

43 h. ago Would Rachel Reeves dare to hike income tax? This is Money Podcast

Despite assurances that Labour would not break its election manifesto by hiking income tax , it appears it is under consideration for the Autumn Budget.

Economics

69 h. ago Voices: ‘Tax the wealthy, not the workers’: Readers divided on how Reeves should tackle £20bn Budget blackhole

Our community is divided over reports Rachel Reeves’ is set to hike income tax by 2p, with some supporting higher taxes on the wealthy as fair and necessary, while others warn it could harm low-income earners, pensioners, and overall economic growth

Economics

3 d. ago How Rachel Reeves is plotting a £50billion tax raid on YOUR pension pot

A PENSIONS shake-up being considered in next month's Budget would shrink pots by £50billion, Rachel Reeves has been warned. The Chancellor is said to be considering slashing tax relief for pensions in her Autumn statement on November 26th. Currently, when you save into a pension, the government adds back the income tax you paid on...

Economics

3 d. ago Humiliation for Ed Miliband as Rachel Reeves 'is set to scrap oil and gas windfall tax' to revive North Sea investment

The Chancellor is said to be mulling the move as she and Prime Minister Sir Keir Starmer scramble to boost Britain's sluggish economy.

Economics

3 d. ago Reeves could raise income tax by 2p: Starmer lays the ground for tax raid as Tories insist Chancellor must be sacked if she breaks election vow

During Prime Minister's Questions yesterday, Sir Keir failed to repeat his mantra that the promise made to voters at last year's election still 'stands'.

Politics

3 d. ago Keir Starmer refuses to say if he stands by pledge not to raise taxes

Conservative leader Kemi Badenoch asked the prime minister on Wednesday whether he stuck by his pledge not to raise income tax, national insurance or VAT

Politics

3 d. ago Starmer refuses to rule out tax rises in budget after questioning by Badenoch

Prime minister fails to answer Tory leader’s questions about manifesto pledge not to raise income taxUK politics live –latest updatesKeir Starmer has refused to rule out tax rises in next month’s budget, which would breach Labour’s manifesto promises, boosting speculation that Rachel Reeves is considering raising income tax to reduce a shortfall.The prime minister pointedly ignored questions posed to him by Kemi Badenoch in the Commons about the manifesto pledge, something the Conservative leader said he had not done when asked before. Continue reading...

Economics

3 d. ago Income tax rise not ruled out by Keir Starmer in PMQs clash on Budget with Kemi Badenoch

Millions of households are set to be hit with tax rises as Rachel Reeves seeks to plug a hole in the public finances

Economics

4 d. ago Pound tumbles as markets take fright over Rachel Reeves' Budget woes with UK productivity downgrade

Sterling dropped to a two-and-a-half-year low against the euro before regaining some ground

Economics

4 d. ago Rachel Reeves insists Britain can 'defy' grim economic forecasts

The Chancellor is currently scrambling to plug a multi-billion pound hole in her spending plans ahead of her fiscal package on 26 November.

Economics

4 d. ago Businesses cannot bear the brunt of more tax hikes, CBI warns as Reeves faces a £50BILLION black hole

The Confederation of British Industry (CBI) said uncertainty about the forthcoming Budget was weighing on sentiment, leaving firms to delay decisions until they receive further clarity

Economics

4 d. ago Leave betting alone & stop spending billions on migrant hotels, punters blast as planned tax rise threatens high street

THOUSANDS of bookmakers will disappear from high streets if Chancellor Rachel Reeves puts up sports betting tax in the Budget — risking countless jobs. MPs from across the political divide warn a huge tax hike will cripple the industry and millions will no longer be able to go to shops — where the average bet...

Economics