2 h. 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

2 h. ago Reeves admits breaking housing rules while renting out family home

Labour MPs express dismay at chancellor’s error as Tories claim her position may be untenable

Society

3 h. ago Labour's favourite think tank urges Rachel Reeves to go the whole hog and scrap the two

The Resolution Foundation has urged the Chancellor to find an extra £3.5billion a year to ditch the whole limit as it warned that 'half measures' won't suffice.

Events

3 h. ago Reeves warned she must end child benefit cap altogether or face rise in poverty

A report by the Resolution Foundation will fuel demands from Labour MPs for the chancellor to find another £3.5bn to tackle end the two child benefit cap

Events

5 h. ago Kemi Badenoch calls for Rachel Reeves to get the sack if she raises taxes

The Tory leader will demand that the chancellor ‘get the axe if she puts up tax’

Politics

5 h. ago Kemi Badenoch calls for Chancellor to ‘get the axe’ if she raises tax at Budget

Sir Keir Starmer declined to rule out tax rises when questioned about the subject at Prime Minister’s Questions.

Economics

5 h. ago Starmer faces calls for probe after Reeves admits falling foul of rental rules

The Chancellor did not obtain a rental licence when she put her south London home up for rent when she moved into No 11 Downing Street.

Politics

5 h. ago Chancellor Rachel Reeves admits 'mistake' to PM over family home rental

The Chancellor admitted an "inadvertent mistake" in renting out the Dulwich property since she moved into No11 Downing Street after Labour's election victory last summer

Society

7 h. ago Rachel Reeves has broken housing law by unlawfully renting out her family home without a licence after entering Downing Street: Chancellor faces ethics probe

The Chancellor tonight referred herself to the independent ethics adviser and had to admit her error to the Prime Minister after inquiries by this newspaper.

Society

13 h. 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

13 h. 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

14 h. 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

15 h. 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

16 h. ago Pound suffers further falls as UK’s fiscal troubles set to deepen

The UK’s independent fiscal watchdog has reportedly cut its productivity forecast, deepening the challenging facing the Chancellor.

Events

17 h. ago Housebuilders warn Labour will miss target of building 1.5m new homes in fresh Budget blow for Rachel Reeves

Developers are reported to have told the Office for Budget Responsibility (OBR) that its forecasts for economic growth from house building are too optimistic.

Events

18 h. 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

25 h. 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

27 h. ago UK can ‘defy’ gloomy forecasts despite productivity problems, says Chancellor

Rachel Reeves argued that austerity, Brexit and the pandemic had left ‘deep scars’ on the UK’s economy.

Politics

30 h. ago The jobs bloodbath is coming, says City guru ALEX BRUMMER. Rachel Reeves' insane plans make it a certainty. We're on the road to ruin

The warnings from business leaders have simply been ignored. Rachel Reeves appears certain to go ahead with her plan to increase the minimum wage, come what may.

Events

30 h. 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