7 h. ago High tax fears ahead of Budget sends business confidence to lowest level in three years

HIGH tax fears ahead of next month’s Budget have sent business confidence to its lowest level in three years, a survey shows.  Company bosses fear a Groundhog Day experience as concerns grow they will bear the brunt of another slew of punishing taxes.  Optimism levels appear to be in freefall as tax concerns hit profits growth, recruitment and investment plans.  Businesses have now...

Economics

8 h. ago Ministers barred from using emergency Treasury funds for public sector pay rises

The Treasury is limiting access to the reserve for departments ahead of the Budget.

Politics

9 h. ago No more bailouts to fund public sector pay rises, cabinet ministers warned

Labour chancellor Rachel Reeves tightens purse strings ahead of difficult Autumn Budget

Events

9 h. ago Taxman's blunder hands Reeves a £3bn boost: Borrowing figures were overstated due to faulty data

Chancellor Rachel Reeves (pictured) must find a way to fill an estimated £30bn black hole in the public finances at next month's Budget.

Economics

17 h. ago Chancellor given £2bn Budget boost after VAT error sees borrowing revised down

The ONS admitted that errors in VAT data meant that government borrowing estimates have been over-stated by between £200 million and £500 million.

Economics

18 h. ago Badenoch vows to abolish stamp duty as she closes Tory conference

She pledged a ‘golden rule’ on her budget plans, spending only half of any savings made through spending cuts, with the rest to reduce the deficit.

Politics

20 h. ago Data error gives Rachel Reeves an extra £3bn for Budget – but she still has to find up to £40bn

The latest revisions hand a rare boost to the beleaguered chancellor, who is gearing up for a difficult budget next month

Economics

20 h. ago Boss of banking app Revolut joins Britain's billionaire exodus as he leaves London for Dubai after Labour's tax raids on the wealthy

Nikolay Storonsky's departure is embarrassing for Rachel Reeves, who just two weeks ago attended the opening of the Revolut's new London headquarters.

Economics

21 h. ago Brits could be banned from holiday homes for ten years and hit with heavy fines for flouting EU's 90

The EU has ordered member states to apply the 90/180-day rule 'rigidly', meaning Brits who overstay could be hit with hefty fines of up to £8,700 and even ten-year bans from entering the bloc.

Events

22 h. ago ONS revises down UK government borrowing by £2bn after VAT error

Statistics agency reduces estimate for current fiscal year weeks ahead of Rachel Reeves’ Budget

Economics

41 h. ago Three tax raids that Rachel Reeves could hit households with in the Autumn Budget, according to experts

WITH Chancellor Rachel Reeves set to announce her Autumn Budget next month, many will be wondering how it's going to hit their pockets. There are fears taxes will go up for households across the UK, as the government tries to fill a £30billion black hole in the public finances. Experts from Oxford Economists have this...

Economics

45 h. ago New plan for 'pension tax lock' as people rush to withdraw lump sum amid Rachel Reeves change fear

A new campaign is urging the Chancellor to introduce a Pension Tax Lock to help protect retirement savings and incentives

Economics

45 h. ago Rachel Reeves could target classic cars in Budget by axing 40

Shadow transport secretary Richard Holden says he is 'concerned' that the Chancellor could scrap vehicle excise duty (VED) exemptions for 40-year-old cars in next month's Budget.

Events

54 h. ago Rachel Reeves is coming under mounting pressure to rule out a 'knee

Speculation is mounting that the Chancellor may reduce the maximum amount savers can withdraw tax-free from their retirement funds - prompting some to pull cash out now.

Events

56 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

60 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

66 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

68 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

68 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

4 d. 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