2 h. ago Rachel Reeves WILL raise taxes on the wealthy in the Budget: Here's how to protect yourself

Rachel Reeves has given the strongest indication yet that she will target the wealthy with higher taxes in the Autumn Budget. We asked the experts what people should do.

Economics

11 h. ago Reeves sets sights on Motability to save £1billion in Budget: Will Chancellor scrap tax breaks for disability car scheme users?

The Chancellor is considering scrapping tax breaks which spare Motability's 860,000 users from having to pay VAT or insurance premium tax on their leased vehicles.

Economics

12 h. ago Chancellor says she ‘can’t leave welfare untouched’ this parliament as budget looms

Rachel Reeves understood to be eyeing cuts to Motability scheme as she tries to plug hole in country’s financesRachel Reeves has said she “can’t leave welfare untouched” this parliament, with the Treasury understood to be considering axing up to £1bn in tax breaks for a scheme providing cars for disabled people.The chancellor set out her thinking on welfare before next month’s budget in an interview, having previously said she would need to make cuts and raise taxes. Continue reading...

Politics

14 h. ago Rachel Reeves considers major change to Motability scheme to save £1billion

Chancellor Rachel Reeves is looking at scrapping tax breaks, which allows cars leased under the Motability scheme to be exempt from VAT or insurance premium tax

Economics

15 h. ago Rachel Reeves warns Labour MPs she's ready for a fresh battle over welfare

The Chancellor told her party they 'can't leave welfare untouched', adding: 'We can't get to the end of this Parliamentary session and I've done nothing, basically.'

Events

18 h. ago Rachel Reeves plots £1bn cut to Motability scheme which lets disability claimants access cars

The chancellor is considering scrapping tax breaks worth around £1bn each year used by the Motability Foundation

Economics

20 h. ago Ferrari cuts the number of cars it sells in Britain as wealthy customers flee Rachel Reeves' tax raids

Ferrari began to 'significantly limit' the number of cars it was sending to Britain around six months ago to stem a decline in the value of second-hand models.

Economics

22 h. ago Rachel Reeves urged to fix 'broken system' in Budget as councils stuck in bailout cycle

Council spending for this year has already put many local authorities under pressure

Politics

24 h. ago Pubs 'will deliver for this country' if Rachel Reeves doesn't hike their taxes, Greene King boss says

The chief executive of Greene King has urged the Chancellor to avoid another round of 'surprise' tax hikes next month.

Economics

26 h. ago Ten ways Rachel Reeves might shake up pensions in the Budget, by former pensions minister ROS ALTMANN

Pensions could help revive the British economy, but damaging policy changes could undermine the whole concept of pension saving and destroy confidence for the future.

Politics

28 h. ago Scots union boss warns Rachel Reeves 'must pick a side' ahead of Budget as households struggle

EXCLUSIVE: Roz Foyer said the Chancellor must keep in mind that Scots "demand the means to live decent, dignified lives".

Events

33 h. ago Reeves plots tax raid on Middle England: Fears grow that Chancellor will target savings, pensions and property as she suggests Brits with the 'broadest shoulders' will pay billions more

As official figures showed the economy flatlined over the summer, the Chancellor laid the ground for a Budget that will target the better-off.

Economics

33 h. ago Raising VAT would cut spending power TWICE as much as raising income tax, Rachel Reeves is warned

The Chancellor has been warned that raising VAT in the Autumn Budget would have a more detrimental effect on the economy than income tax hikes.

Events

33 h. ago Chancellor urged to fix ‘broken system’ as council bailouts ‘normalised’

Overall, 42 councils have accessed more than £5 billion through exceptional support since its introduction in 2020/21.

Politics

34 h. ago Tax raid to fall on 'broadest shoulders': Fears grow that Rachel Reeves will target savings, pensions and property

As official figures showed the economy flatlined over the summer, the Chancellor laid the ground for a Budget that will target the better-off.

Economics

34 h. ago Rachel Reeves plans to help struggling households in the Budget 'by cutting VAT on fuel bills' 

Rachel Reeves (pictured) said she was planning 'targeted action to deal with cost of living challenges' as she battles to reduce soaring inflation while balancing the books.

Economics

35 h. ago Wealthy pay a heavy price: Reeves's failure to cut the benefits bill is costing Britain dear, says ALEX BRUMMER

Rachel Reeves may only be attending her second annual meeting of the top IMF and G7 finance ministers. But the Chancellor already is a veteran.

Economics

38 h. ago 'Those with broadest shoulders should pay fair share of tax', says Rachel Reeves

The Chancellor said she wants to “get the balance right” and not people wealthy people off coming to the UK ahead of the Budget next month.

Economics

39 h. ago Rachel Reeves promises 'targeted action' at Budget to help with cost of living

Chancellor Rachel Reeves is already looking at cutting the 5% VAT rate charged on energy bills and is also said to be considering reducing green levies on bills

Economics

42 h. ago Labour tax pledge stands, says No 10, as Reeves rolls pitch for hikes on wealthy

The Chancellor has acknowledged she is looking at potential tax rises and spending cuts at her November 26 Budget.

Economics