1 hour ago Rachel Reeves to launch 'concierge service' for wealthy – with tax rises for everyone else

Chancellor Rachel Reeves is set to launch a new 'concierge service' for wealthy individuals to help lure investors to expand in the UK - but will they be put off by the potential for a wealth tax?

Economics

4 h. ago Bank of England could make cuts to interest rates if jobs market slows down, Bailey says

Businesses are ‘adjusting employment’ as a result of Rachel Reeves’ decision to raise national insurance contributions for firms, governor says

Economics

6 h. ago Middle classes will bear the brunt of new Rachel Reeves tax raid, Labour minister hints

Yesterday Transport Secretary Heidi Alexander again failed to deny that Labour is looking to hike taxes, but said the Government would be guided by 'fairness'.

Politics

8 h. ago Government needs to overhaul ‘unfair’ business rates, says Greene King boss

Nick Mackenzie, boss of the 1,500-strong pub firm, said reduced property tax payments were needed to drive investment and new jobs.

Politics

8 h. ago Bank of England could cut base rate if jobs market continues to slow – Bailey

Businesses are ‘adjusting employment’ as a result of Rachel Reeves’ decision to raise national insurance contributions for firms, the governor said.

Economics

9 h. ago Rachel Reeves to launch huge new £500million fund to support overlooked kids

Rachel Reeves will be in Wigan on Monday morning to launch the Government's new Better Futures Fund, which she says will be the biggest of its kind in the world

Economics

18 h. ago Labour minister hints at tax hikes for middle class – but rules out rises for people on ‘modest incomes’

Transport secretary says ministers have promised not to raise taxes for ‘people on modest incomes’

Politics

20 h. ago Keir Starmer's ratings plunge to new record low after benefits shambles and Reeves' tears... with tax rise fears mounting

Just 18 per cent of Brits have a positive view of Keir Starmer's performance in Downing Street, according to a poll.

Politics

22 h. ago Chancellor guided by ‘fairness’, senior minister says of calls for wealth tax

Transport Secretary Heidi Alexander would not directly rule out tax rises in the next budget as she toured the broadcast studios on Sunday morning.

Politics

24 h. ago Labour's leader in Wales joins demands for 'wealth tax' as Rachel Reeves desperately tries to get a grip on '£30bn' hole in public finances

Baroness Morgan said 'those with the broadest shoulders should carry more of the burden' amid alarm that the Chancellor will have to raise another £30billion at the Budget.

Economics

46 h. ago Starmer and Reeves promised honesty about public finances. Can they stay the course?

Labour is being pulled one way by a desire to cut debt and the other by slumping poll ratings. With growth nowhere to be seen, tax rises loomDuring the first televised debate in the run-up to last summer’s general election, Keir Starmer used a phrase that received enthusiastic – and unanticipated – applause from the Salford audience.“I don’t pretend there’s a magic wand that will fix everything overnight,” he told them. Labour strategists were surprised by the clapping, and encouraged him to deploy the line again in future. Continue reading...

Politics

55 h. ago Time for an emergency budget? Rachel Reeves facing fresh turmoil after GDP falls again

Sparking further warnings of a tax raid this autumn, the Office for National Statistics ( ONS ) said gross domestic product (GDP) contracted by 0.1 per cent.

Economics

56 h. ago Chancellor to open ‘front door’ for investors in UK with concierge service

Rachel Reeves will use Mansion House speech next week to launch growth plan for financial services sector

Economics

60 h. ago The National Trust to axe 550 jobs after Rachel Reeves' tax raid budget added £10million to charity's annual wage bill

The conservation charity said rising costs were outstripping growth in visitors and donations and it needed to reduce the pay bill as well as finding savings worth £26 million

Economics

61 h. ago Rachel Reeves’s growth mission is struggling to get off the ground

Editorial: The chancellor is said to be ‘disappointed’ after the UK economy unexpectedly shrank for the second month in a row in May, as well she might be

Events

62 h. ago Cash ISA limit update as 'decision made' ahead of Rachel Reeves speech

Speculation had been mounting that the annual tax-free allowance would be cut

Politics

66 h. ago Cash Isa allowance will NOT be cut by Rachel Reeves next week

The Chancellor will not cut the cash Isa allowance from £20,000 next week, This is Money understands.

Politics

67 h. ago Voices: The economy has shrunk yet again – but it’s not all doom and gloom...

The hangover from Trump’s tariffs at the start of the year is proving tougher to shake than expected, writes James Moore – but there is a slight silver lining

Economics

68 h. ago Rachel Reeves says May’s fall in GDP is ‘disappointing’; Trump tariffs knock markets – business live

Latest economic report shows UK GDP fell by 0.1% in May, following 0.3% fall in April.Full story: UK economy shrinks unexpectedly by 0.1% in blow to Rachel ReevesUS will impose 35% tariffs on Canadian imports, Trump says in letterChancellor Rachel Reeves has described the latest GDP figures as “disappointing”.Following this morning’s news that the UK economy contracted by 0.1% in May, Reeves points to the government’s efforts to support households financially:“Getting more money in people’s pockets is my number one mission. While today’s figures are disappointing, I am determined to kickstart economic growth and deliver on that promise.“The choices we have made in our first year in government have seen us extend the £3 bus fare cap, fund Free School Meals for over half a million more children, press ahead with plans to deliver free breakfast clubs for every child in the country and increase the National Minimum and National Living Wage, giving a pay rise to 3 million workers.“Flatli...

Economics

69 h. ago Business news live: Rachel Reeves reacts to ‘disappointing’ GDP figures, more lenders join sub

Stock markets updates and business news from Friday

Politics