15 h. ago Have more than £10,000 in savings? Now Reeves threatens she's coming for you with a monster tax bill. Here's how to protect yourself...

Savers could be in for a nasty surprise. HMRC is responsible for collecting what tax savers owe on the interest they have earned. But it has not been doing a great job.

Economics

20 h. ago Who is running Britain’s economy – Rachel Reeves or Donald Trump?

The chancellor’s careful calculations for her spring statement are likely to be blown out of the water by a looming US trade war• From more tax to rewriting budget rules: six alternative ways Reeves could raise moneyAs Rachel Reeves powered through her spring statement on Wednesday, telling the country she was “restoring stability to the public finances” few in the House of Commons chamber seemed to know what to make of it all.Reeves’s message did not seem to resonate with the underlying mood of uncertainty and anxiety at home and abroad. Many Labour MP nodded loyally along with her, trying to impress the whips. Others on the government benches looked grave. Growth forecasts for this year had been halved. Money would have to be raised to meet the chancellor’s own fiscal rules, and the poorest would be the ones bearing the brunt. Continue reading...

Politics

25 h. ago It's time we wiped the smirks off the smug little faces of all the benefit cheats pretending to be disabled. These scroungers should be ASHAMED

The Chancellor Rachel Reeves is, rightly, raising the bar on who can qualify for disability benefits. She may be wrong in a lot of respects, but on this I can't fault her.

Politics

46 h. ago Rachel Reeves must rethink fiscal rules as social security cuts will inflict real pain

Writing for the Record, Stephen Boyd of IPPR Scotland urges Rachel Reeves to consider alternative means to raise badly needed revenues for public services.

Events

48 h. ago UK economy was doing even better than previously thought under the Tories before Labour took power, figures show

The revised GDP data adds to the evidence of Rachel Reeves ' dismal stewardship just days after the Budget watchdog halved its forecast for growth this year.

Politics

51 h. ago DAILY MAIL COMMENT: 'Awful April' will be the cruellest month

You've got to hand it to Rachel Reeves. Despite her lamentable Spring Statement being savaged across the political spectrum, the Chancellor is putting a brave face on it.

Politics

51 h. ago Watch: Rachel Reeves holds press conference after spring statement backlash

Watch again as Rachel Reeves held a press conference on 26 March following backlash to her spring statement.

Politics

51 h. ago Team of barristers lined up by Rachel Reeves to fight High Court case against her school fees tax... are all privately educated themselves

The Chancellor who has previously called private school parents 'snobs' is spending taxpayers' money fighting the legal challenge to her 20% VAT on school fees tax.

Economics

52 h. ago Reeves’s spring statement almost as unpopular as Truss’s disastrous mini

Just one in five voters believe Rachel Reeves is doing a good job, as chancellor’s approval rating plunges towards that of her predecessor Kwasi Kwarteng prior to him being sacked

Events

59 h. ago We must liberate our brilliant entrepreneurs to stop this disastrous economic stall

The flatlining of the economy isn’t just sad; it’s a complete disaster

Economics

61 h. ago Billionaire former Labour donor and steel tycoon Lakshmi Mittal threatens to quit the UK over Rachel Reeves' 'non

Laskhmi Mittal, a steel tycoon who has lived in Britain for three decades, is reportedly preparing to leave Britain because of the Government's tax changes.

Events

61 h. ago Self employed to face higher fines for paying late tax returns

Chancellor Rachel Reeves announced the new measure during the Spring Statement.

Economics

63 h. ago ‘Was this new age austerity always coming?’ Your spring statement questions answered by Andrew Grice

In this exclusive Q&A session, The Independent’s political commentator Andrew Grice tackles welfare cuts, taxation, and the economic challenges facing the UK

Politics

66 h. ago Rachel Reeves considers fresh tax raid on savers in bid to balance books

HMRC estimates that an extra 893,000 people will have to pay tax on savings by 2028-29

Economics

68 h. ago Tesla’s UK subsidies under scrutiny after Trump announces car tariffs

Tesla has benefited from £188m in UK taxpayer subsidies in nine years

Events

68 h. ago Keir Starmer is one of Labour’s most rightwing prime ministers. And one of its most leftwing, too | Andy Beckett

The PM offers a political hybrid designed for a fickle electorate. There are short-term electoral gains to be won, but risks in the long termFor more than eight months now, since shortly after Labour won power, more and more people have been outraged by the government’s moves to the right. Starting with its decision to keep the Conservatives’ cruel two-child benefit cap last July, the government has regularly given these critics reasons to feel shocked, betrayed or just disappointed.From deportation videos to Keir Starmer’s declaration that “I like and respect” Donald Trump, from repeated public sector cuts to the chancellor Rachel Reeves’s talk of “tearing down regulatory barriers” in this week’s spring statement, Labour has often behaved as if the boundaries between its supposedly centre-left politics and the politics of the right or even the far right have simply melted away. Continue reading...

Politics

69 h. ago Readers' letters: Rachel Reeves has declared war on the most vulnerable in society

A reader brands Rachel Reeves’ welfare cuts immoral and depraved

Events

3 d. ago PM: North will stop being ‘held to ransom’ by outdated transport systems

Sir Keir Starmer claimed the Government will create better links between urban areas with a ‘downpayment for growth’.

Politics

3 d. ago Rachel Reeves' visit to Wales: Handshakes, hugs, and a lesson in devolution

The chancellor spent a large chunk of her day trying to defend welfare cuts following her Spring Statement on Wednesday, March 26

Politics

3 d. ago Chancellor Rachel Reeves refuses to accept welfare cuts will push children into poverty

The UK Government chancellor visited Wales for the first time since her party's election successes in 2024 and a day after her Spring Statement

Politics