2 h. ago Covid fraudsters urged to pay up before December or face ‘hit squad’

The Government has pledged to hit perpetrators with fines of up to 100% of the value of the money they swindled from the taxpayer.

Events

6 h. ago Starmer faces cabinet revolt over Budget tax rises that could drive wealthy away

‘The trouble is we have crossed a line in trying to encourage aspiration. The non-dom change and the VAT on school fees have sent the opposite message,’ minister tells The Independent

Economics

12 h. ago Andy Burnham drops 'wealth tax' bombshell with another huge demand

The Manchester Mayor Andy Burnham warned local government’s finances were on questionable 'foundations', and also urged the Chancellor Rachel Reeves to consider a wealth tax

Events

14 h. ago Reeves's Budget 'to loosen planning rules and mount £2bn tax raid on banks as well as raising VAT' in desperate attempt to balance the books

The Chancellor is scrambling to fill an estimated £30billion black hole in the public finances before she presents her next tax and spend package on 26 November.

Economics

14 h. ago Rachel Reeves 'to loosen planning rules again and hit banks for £2bn' as she scrambles to balance the books at her Budget

The Chancellor is scrambling to fill an estimated £30billion black hole in the public finances before she presents her next tax and spend package on 26 November.

Economics

48 h. ago Rachel Reeves 'would wipe £136bn off the economy' if she hikes property tax, experts warn

Treasury officials have been examining plans to impose capital gains tax on main residences and reverse changes the Tories made when they were in power last year.

Economics

2 d. ago Rachel Reeves ready to target bloated asylum bill to plug £30bn black hole in next month's Budget

The Chancellor yesterday received the initial economic forecasts from the Office for Budget Responsibility (OBR) watchdog telling her how much she needs to raise to balance the books.

Economics

3 d. ago Bank governor warns of risks of cutting regulation in bid for growth

Andrew Bailey said in a speech in Amsterdam he can see evidence that there is a ‘risk of history showing signs of repeating itself’.

Events

3 d. ago Michelle Mone says she has ‘no wish to return to the Lords’ as a Tory peer

Several high-profile politicians have called for Lady Mone to relinquish her peerage.

Politics

3 d. ago Baroness Michelle Mone resigns as Conservative peer after PPE scandal

Michelle Mone, who has links to PPE Medpro wrote a letter to Tory leader Kemi Badenoch after accusing Chancellor Rachel Reeves of using 'dangerous and inflammatory' language about her

Politics

3 d. ago New archbishop warns against hostile or threatening language on immigration

Dame Sarah Mullally said all senior leaders, whether in politics or faith, have a responsibility to ‘think about the language we use’.

Events

4 d. ago Baroness Mone accuses Chancellor of ‘inflammatory’ language in letter to PM

Rachel Reeves is reported to have joked that the Government had a vendetta against peer Lady Mone during a fringe event at Labour’s party conference.

Politics

4 d. ago Tesco boss issues warning to Rachel Reeves over ‘what lies ahead’

Tesco says household budgets are squeezed and shoppers are increasingly seeking out value

Events

4 d. ago Rachel Reeves risks 'irresponsible' pension move by failing to rule out lump sum raid, experts warn

Speculation about a new lower cap on tax-free cash is understood to have prompted a renewed rush of withdrawals, following a spike ahead of last year's Budget.

Events

4 d. ago 'Enough is enough!': Tesco boss urges Rachel Reeves to avoid tax hikes

The boss of Tesco has warned the Chancellor that 'enough is enough' amid fears of more tax rises as the supermarket upgraded its annual profits.

Economics

5 d. ago Rachel Reeves 'must rule out pensions raid in the Budget to avoid lump

The Chancellor must rule out a pensions raid in the Budget as she faces a re-run of last year's damaging dash for tax-free cash, experts warned last night.

Economics

5 d. ago Rachel Reeves critics say she's 'dodging big issues' in cringey clip

Rachel Reeves has been savaged by members of the public after the Labour Party uploaded a video of the Chancellor of the Exchequer answering questions about Beyoncé

Politics

5 d. ago Mone should not be in Lords after Covid PPE contract breach, says Reeves

The Government has won a £122 million case against a company linked to the Tory peer.

Politics

5 d. ago London tax bombshell: 170,000 would be hit by stealth income threshold freeze extension

Rachel Reeves admitted during the Labour Party Conference that she no longer stands by her pledge last year not to raise taxes

Events

5 d. ago Company linked to Mone must repay almost £122m over Covid PPE contract breach

The Department of Health and Social Care sued PPE Medpro at the High Court for supplying 25 million gowns that were not suitable for NHS use.

Economics