22 h. ago Rachel Reeves considers 20% tax on assets of people deciding to leave UK

Plans for ‘settling-up charge’ predicted to raise £2bn and would follow policy in place among most G7 countriesRich people quitting the UK could be required to pay a 20% tax on their business assets as part of plans reportedly being considered by the chancellor, Rachel Reeves.The Treasury has drawn up plans for a “settling-up charge” on assets; a move that would bring the UK into line with most other G7 nations and raise a predicted £2bn for the public coffers, according to the Times. Continue reading...

Politics

25 h. ago Rachel Reeves ‘eyes tax raid on expensive homes’ in crunch Budget

Mansions and other high value houses in Labour chancellor’s sights as she prepares for crucial Budget later this month

Economics

39 h. ago Rachel Reeves plans Budget tax raid on expensive homes in England

UK chancellor predicted to plump for ‘least worst option’ of creating higher council tax bands

Economics

53 h. ago ISA warning as savers face 'damaging' tax allowance raid in Budget

All interest earnings or investment growth within an ISA is tax-free

Events

59 h. ago I created the viral AI Rachel Reeves rap video after she broke housing rules

The video was shared on social media just three hours after the Daily Mail revealed the Labour minister had failed to obtain a rental licence before placing her home on the market.

Politics

67 h. ago Government borrowing costs rise as Rachel Reeves comes under fresh pressure in renting row

Government borrowing costs rose sharply on Thursday, partially erasing gains made in recent months, in another blow to Rachel Reeves' Budget plans.

Politics

69 h. ago Government borrowing costs rise as Rachel Reeves comes under pressure

Government borrowing costs rose sharply on Thursday, partially erasing gains made in recent months, in another blow to Rachel Reeves' Budget plans.

Politics

3 d. ago Chancellor considering tax cut for Scots ahead of pivotal Holyrood election

EXCLUSIVE: Rachel Reeves is looking at a plan which would shield Scots from an income tax rise, but give them an NI cut.

Politics

3 d. ago Keir Starmer REFUSES to rule out breaking Labour's manifesto pledge on tax rises as PM fuels fears of huge Budget raid on workers

The Prime Minister failed to commit to keeping his pre-election vow to not increase National Insurance, income tax, or VAT .

Economics

4 d. 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

4 d. ago Rachel Reeves is ignoring all the experts and pressing ahead with her insane wages plan. This is why it's going to trigger a jobs bloodbath: ALEX BRUMMER

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

5 d. ago Productivity bombshell leaves Brits facing BIGGER tax rises next month and 'blows a £20bn hole in Reeves' Budget'

The Office for Budget Responsibility (OBR) watchdog is reportedly poised to cut its trend productivity forecast by about 0.3 percentage points in its upcoming projections.

Economics

6 d. ago Rachel Reeves warns the rich will have to 'contribute' more taxes after Budget and can only say burden on squeezed middle earners will be kept as 'low as possible'

The Chancellor said the Government needed to ensure there is 'sufficient headroom' above its spending plans when she reveals her next fiscal package on 26 November.

Events

6 d. ago Almost HALF of money saved is put in a cash Isa, as Rachel Reeves mulls plan to slash allowance

Cash Isas hoovered up the largest share of savings in 2025 as savers rushed to get money in them ahead of rumoured cash Isa allowance cuts, This is Money can reveal.

Economics

6 d. ago Rachel Reeves reveals tax rises and spending cuts ARE being considered at Budget as she scrambles for Gulf trade deal on Saudi Arabia visit

The Chancellor said the Government needed to ensure there is 'sufficient headroom' above its spending plans when she reveals her next fiscal package on 26 November.

Economics

6 d. ago Rachel Reeves scrambles to push through a Gulf trade deal as she bids to convince forecasters her growth plans will ease her need for tax rises

The Chancellor is using a visit to Riyadh this week to try to make progress on an agreement with the Gulf Co-operation Council (GCC).

Economics

6 d. ago 'A horror show that demonises the wealthy': Top city banker's scathing verdict on Rachel Reeves' Budget plans as he accuses Government of pursuing a 'socialist fantasy'

City grandee and philanthropist Ken Costa cautioned that 'just about anyone with aspirations is being made to feel unwelcome in Rachel Reeves' Britain'. Pictured: The Chancellor

Economics

7 d. ago Rachel Reeves' mansion tax raid plot: Class war plan will punish hard work and aspiration, say critics who warn NOTHING is safe from Labour

Chancellor Rachel Reeves could hit homeowners with a new mansion tax costing thousands of pounds a year as part of a class war plan being considered for next month's Budget.

Events

7 d. ago Rachel Reeves under pressure to target high earners in Budget tax raid

Exclusive: The chancellor is being pushed to break Labour’s manifesto pledge on not raising income tax

Events

8 d. ago My sources tell me these are Rachel Reeves' hugely damaging plans for tax, pensions and your savings. Be very afraid, warns JEFF PRESTRIDGE

Rachel Reeves is desperately scrambling around for ideas to fill the UK's financial black hole like a contestant in a treasure hunt, writes JEFF PRESTRIDGE.

Events