2 h. ago Rachel Reeves warned against pensions tax raid or annual wealth tax at budget

The chancellor is facing increasing pressure to rescue the UK’s troubled finances in the Budget but the IFS has warned against raiding pensions or levying a wealth tax

Economics

3 h. ago Rachel Reeves 'could raise tens of billions at Budget' without breaking major tax promises

Research by the Institute for Fiscal Studies comes as Parliament returns from the conference recess today with attention turning to next month's make-or-break Budget

Economics

10 h. ago How the IFS says Rachel Reeves can raise tax and fill a £30bn black hole WITHOUT breaking her promises

The Chancellor may have to find up to £30billion in the Budget, but has pledged not to raise income tax, National Insurance or VAT.

Economics

10 h. ago Rachel Reeves could impose a surprise 'one off' tax on wealth in Budget next month

The Institute for Fiscal Studies has said a 'one-off' raid on tax wealth would be far harder for the rich to dodge as they would have no opportunity to move their assets.

Economics

10 h. ago Rachel Reeves warned against pensions tax raid or wealth tax at budget

The chancellor is facing increasing pressure to rescue the UK’s troubled finances in the Budget but the IFS has warned against raiding pensions or levying a wealth tax

Economics

10 h. ago Small shops could face closure without business rates reform, Co

THE Co-op has warned that up to 60,000 small shops across the UK could face closure without upcoming business rates reform for small shops. In the 2024 Autumn Budget, Chancellor Rachel Reeves promised to provide permanent business rates relief for small retail properties. At the time, the Government proposed raising business rates on the biggest...

Economics

32 h. ago Chancellor Rachel Reeves set to tax the rich to fill £30BILLION public finance black hole

Treasury sources have said the Chancellor will not significantly increase borrowing or cut public spending in this year's Autumn budget.

Economics

34 h. ago Rachel Reeves vows to leave 'no stone unturned' to get economy firing

Ms Reeves claimed under the Tories the country had cared "more about bats than building homes", and that something was finally changing with 'ambitious' planning reforms

Politics

35 h. ago Kemi Badenoch calls on Rachel Reeves to follow her lead and abolish stamp duty

Mrs Badenoch's announcement, which received a standing ovation in Manchester, has given her an eight-point bounce in her approval ratings.

Politics

51 h. ago Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market

Chancellor hopes to raise enough funds to stop damaging speculation about breaching fiscal rulesRachel Reeves v the OBR: chancellor aims to loosen the watchdog’s gripRachel Reeves is aiming to create more “headroom” against her fiscal rules in November’s tax-raising budget, to cushion the UK against volatile government bond markets.The chancellor met her first rule – to balance taxes and day-to-day spending – with £10bn to spare in last autumn’s budget, and again at her March spring statement. Continue reading...

Economics

58 h. ago Talk up UK economy or risk Farage, Treasury tells business leaders

Rachel Reeves is pushing a positive narrative on Britain in the run-up to her November Budget

Politics

64 h. ago Reeves urged to rule out pension tax raid as thousands sign petition

Rachel Reeves is under growing pressure to rule out a pensions tax raid ahead of the Budget.

Economics

3 d. ago Raising income tax is ‘least damaging’ option for Reeves, says think tank

An economic think tank analysed the economic impact of raising income tax, corporation tax and value added tax (VAT).

Events

3 d. ago No more tax hikes! Rachel Reeves told 'bruised' business cannot take another 'Budget battering'

The British Chambers of Commerce (BCC) said confidence among employers remains stuck at three-year lows as fears of another round of tax hikes mount.

Economics

3 d. ago Reeves tells summit she has always felt she has ‘something to prove’ as a woman

The Chancellor told the Women in Work Summit in London she was determined to improve the lives of women through her work in Government.

Politics

4 d. 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

4 d. 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

4 d. 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

4 d. 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

4 d. 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