41 h. ago Threat of income tax rise grows as Rachel Reeves gives clear sign she will break Labour manifesto pledge

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Events

44 h. ago Rachel Reeves speech LIVE: Chancellor accused of 'waffle bomb' as she rolls ground for Budget tax rises

Rachel Reeves has said the Budget will focus on ‘getting inflation falling’ and ‘creating the conditions for interest rate cuts’

Economics

45 h. ago Reeves refuses to say she will stick to manifesto pledge on tax rises and insists she must face world ‘as it is’ – UK politics live

Chancellor says she is focused on priorities for British people in pre-budget speech laying ground for expected tax risesBusiness live: UK borrowing costs fall and pound hits six-month lowReeves says welfare needs to be reformed.There is nothing progressive about refusing to reform a system that is leaving one in eight young people out of education, or employment. I put our public finances back on a firm footing, provided an urgent cash injection into a faltering public services and began rebuilding our economy.But since that budget, the world has thrown even more challenges our way. Continue reading...

Politics

45 h. ago Rachel Reeves lays the ground for tax rises as Chancellor admits 'necessary choices' are coming in Budget: Live updates

LIVE UPDATES: Follow the latest as Chancellor Rachel Reeves uses an early morning speech in Downing Street to address 'speculation' about the contents of her November 26 Budget.

Economics

46 h. ago Income tax fears rise as Rachel Reeves gives clear sign she will break Labour manifesto pledge

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Politics

46 h. ago Reeves says UK has suffered ‘years of economic mismanagement’ in speech preparing ground for tax rises – politics live

Chancellor says she is focused on priorities for British people and previous governments have limited UK’s potentialReeves says welfare needs to be reformed.There is nothing progressive about refusing to reform a system that is leaving one in eight young people out of education, or employment. I put our public finances back on a firm footing, provided an urgent cash injection into a faltering public services and began rebuilding our economy.But since that budget, the world has thrown even more challenges our way. Continue reading...

Economics

47 h. ago Reeves prepares ground for tax rises in Downing Street speech

Chancellor pledges to take ‘fair choices’ to reduce debt, protect NHS and cut cost of living in Budget

Politics

47 h. ago Reeves prepares ground for tax rises with call for ‘all’ to contribute

Chancellor repeatedly refused to recommit to Labour’s manifesto pledges

Politics

48 h. ago Reeves braces Britain for hefty Budget tax rises as she warns of need to understand 'circumstances we face'

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Events

53 h. ago Embattled Rachel Reeves emerges from hiding today to lay ground for promise

In a highly unusual move, the Chancellor will use an early morning speech in Downing Street to address 'speculation' about the contents of her November 26 Budget.

Events

55 h. ago Reeves to lay groundwork for tax rises in ‘candid’ speech about budget

Chancellor to promise ‘fairness and opportunity’ but will not repeat manifesto pledge on tax, after PM’s hint at breachRachel Reeves will lay the groundwork for a tax-raising budget that could break Labour’s election promise on income tax, in a major speech in which she will be “candid” about the tough choices ahead.The chancellor will give the speech as the markets open on Tuesday, when she will promise to make fair choices at this month’s budget but decline to repeat her manifesto pledge of no rise in income tax, VAT or national insurance. Continue reading...

Economics

2 w. ago Rachel Reeves to lay out plans to scrap paperwork for thousands of UK firms

The Chancellor is set to launch a fresh ‘crackdown on needless form-filling’ at the Regional Investment Summit in Birmingham on Tuesday.

Economics