3 h. ago Reeves ‘mansion tax’ makes ‘no sense’ and could cause Treasury to lose money, former IFS director warns

The chancellor is reportedly planning to levy capital gains on the sale of first properties

Events

6 h. ago Rachel Reeves' 'mansion tax' plan: What is capital gains tax, who pays and what could change?

In the latest furore over Labour's plans for property taxes, Chancellor Rachel Reeves is reported to be considering taxing some of those who sell their home and make a profit.

Economics

9 h. ago Rachel Reeves considers ‘mansion tax’ to fill Treasury black hole

The chancellor is seeking ways to raise cash in the face of dire warnings about the state of the public finances

Politics

10 h. ago Treasury minister fails to rule out hitting homeowners with capital gains tax

Chancellor Rachel Reeves is reportedly considering ending capital gains tax relief for people selling high-value homes.

Politics

27 h. ago UK at ‘tipping point’ as millionaires consider moving abroad over wealth tax fears

More than half of the 1,000 wealthy respondents also said they are more likely to consider leaving the UK if Rachel Reeves introduces a wealth tax

Economics

36 h. ago Rachel Reeves set for 'punishingly high' new tax raid on Brits as £500k warning issued

Fresh reports suggest Chancellor Rachel Reeves is considering a new national property tax on homes above £500,000, which would be paid by owner-occupiers when they sell their home

Events

5 d. ago Tax the rich more to fill black hole in public finances, Labour members tell Starmer

Exclusive: PM urged to conduct a ‘radical change of direction’ as the government attempts to plug gaps in the public finances

Economics

6 d. ago Britain braces for another tax bomb amid warnings UK economy is 'flashing red' as growth slows to 0.3 per cent while Rachel Reeves faces a £50bn black hole

The Office for National Statistics said gross domestic product grew by 0.3 per cent for the quarter after 0.7 per cent growth in the first three months of the year.

Events

6 d. ago Inheritance tax will apply to pension pots... even if workers die before retirement as Rachel Reeves tries to fill financial black hole

The Chancellor announced last year that retirement savings will be subject to the levy from April 2027.

Economics

1 week ago Embattled Rachel Reeves urges public to be patient with Labour on rescuing economy

Labour chancellor has been warned of a £50bn black hole in the government’s finances and that inflation will see consumers hit with higher prices this winter

Events

1 week ago Labour lays the ground for September tax bombshell as Rachel Reeves looks to fill £50billion black hole in nation's finances

Labour is laying the ground for tax reforms this autumn that could spell misery for millions.

Economics

1 week ago Biggest black hole discovered is 36 billion times bigger than our Sun

Astronomers have spotted what could be the biggest black hole known in the Universe

Politics

1 week ago Most massive black hole EVER discovered: Huge behemoth is 10,000 times heavier than the void at the centre of the Milky Way

Scientists have found the most massive black hole ever discovered in a galaxy five billion light-years from Earth.

Politics

1 week ago Keir Starmer and Rachel Reeves 'lay the ground for massive tax hikes' with Chancellor 'needing to fill £50billion hole' at grim Budget

Keir Starmer and Rachel Reeves are said to have started holding meetings on how to fill a black hole in the public finances estimated at up to £50billion.

Economics

1 week ago Astronomers may have found the most massive black hole in universe

Gargantuan object is around 36 million times more massive than our sun

Politics

1 week ago What could go wrong? Scientists want to launch an interstellar mission to a BLACK HOLE

Scientists want to launch an interstellar mission into the heart of a distant black hole, but it could take up to 100 years.

Events

2 w. ago Keir Starmer REFUSES to rule out tax hikes in the Budget after economists warn Labour is facing a huge £50bn black hole in public finances

The Prime Minister said he didn't recognise 'some of the figures that are being put out' amid suggestions that Rachel Reeves is on track to miss one of her fiscal rules.

Economics

2 w. ago Starmer refuses to rule out tax rises in autumn as he faces growing pressure to fill £50bn budget black hole

Labour prime pledged that plans to be set out in the autumn would make ‘sure people feel better off’

Economics

2 w. ago Voices: Rachel Reeves must learn a hard lesson from Labour history – wealth taxes simply don’t work

Taxing unearned income is no way for the chancellor to plug her £41bn spending black hole – the better-off are best placed to find a way around paying it, says Chris Blackhurst

Economics

2 w. ago Keir Starmer pushes back at economists' claims Labour is facing a £50bn black hole

The Prime Minister said he didn't recognise 'some of the figures that are being put out' amid suggestions that Rachel Reeves is on track to miss one of her fiscal rules.

Economics