50 h. ago Bombshell signal Rachel Reeves plans to increase income tax in Budget

Rachel Reeves has reportedly told the Budget watchdog that she is planning to hike income tax in her November 26 statement, in the clearest sign yet of the Chancellor's plans

Economics

58 h. ago Rachel Reeves urged to hit betting firms with tax hikes in the Budget

A committee of MPs has called on the Chancellor to press ahead with taxing harmful parts of the gambling industry with tax rises

Economics

64 h. ago Budget tax hikes could see food prices soar, major supermarket boss warns

Sainsbury’s CEO Simon Roberts says shoppers are being ‘cautious’ ahead of the announcement later this month

Economics

2 d. ago Sainsbury’s boss warns Budget tax hikes could send food prices higher

Chief executive Simon Roberts said the sector has already been hit with higher taxes and costs which have fuelled inflation.

Economics

3 d. ago Rachel Reeves ‘to slap 6 million drivers with NEW tax in Budget as motorists will face £250 hike just for using road’

RACHEL Reeves is set to hit Electric Vehicle drivers with a new pay-per-mile tax. The Chancellor is due to reveal the controversial levies at the Budget on November 26, as reported by The Telegraph. It is understood plans have been drawn up to see EV drivers charged 3p per mile, in addition to other road...

Economics

3 d. ago Rachel Reeves urged to investigate mega deal between Shell and Rosebank oil field developer Equinor

Equinor is the firm behind the Rosebank oil field, off Shetland

Economics

3 d. ago Budget tax hikes should be coupled with major reform, Osborne says

Tory ex-chancellor George Osborne conceded large reforms to the tax system can be difficult politically as he pointed to his 2012 ‘pasty tax’ budget.

Economics

3 d. ago British leftwingers elated by Zohran Mamdani’s victory in New York, with some saying election has lessons for Labour – UK politics live

Sadiq Khan, Zack Polanski and Zarah Sultana among figures on the left praising the mayor-elect as they look at potential blueprint for elections in UKLibby Brooks is the Guardian’s Scotland correspondent.Scotland’s finance secretary Shona Robison has called for “urgent engagement” with the UK chancellor after Rachel Reeves flagged up the prospect of tax rises yesterday.We are calling on the UK government’s autumn budget to deliver more funding for those public services, infrastructure, and cost of living support – including by abolishing the two-child limit in universal credit.Scotland has been short-changed in the past, and we must not be left as an afterthought in the UK government’s budget. Under the current arrangements Scotland has to wait and see what impact the chancellor’s decisions will have for us.Recently the chancellor admitted that Brexit has damaged the economy. Brexit has had a hugely negative impact on public spending, reducing the available investment for public ser...

Politics

4 d. ago Brexit and austerity still causing ‘major problems’ for economy – Phillipson

Education Secretary Bridget Phillipson’s comments came after Chancellor Rachel Reeves prepared the ground for tax hikes in her November 26 Budget.

Politics

4 d. ago Raise HMRC personal income tax allowance from £12,570 to £20,000 update as key milestone hit

Chancellor Rachel Reeves is being urged to adjust the personal tax allowance limit for the lowest earners in the November Budget

Economics

4 d. ago Income tax hike of at least 2p likely needed to plug Budget hole, warns Niesr

The economic think tank said the Chancellor needed to make ‘brave choices’ at the upcoming November 26 Budget.

Events

4 d. ago Labour revolt over tax raid on 'working class' as Reeves warns EVERYONE will suffer from Budget not just the 'rich'

Chancellor Rachel Reeves talked up the need to 'invest' as she took the highly unusual step of teeing up her fiscal package with a speech in Downing Street .

Events

4 d. ago Budget: Pound plummets after Reeves hints at tax rises – but government bonds rally

The chancellor refused to rule out tax hikes and said the upcoming Budget will focus on lowering inflation

Politics

4 d. ago Rachel Reeves speech latest: Pound plummets as chancellor signals income tax hikes in Budget

Chancellor breaks cover to set out Budget priorities in unusual move

Economics

5 d. ago UK government bonds rally but pound falls further after Reeves speech

The Chancellor refused to rule out tax hikes and said the upcoming Budget will focus on lowering inflation.

Politics

5 d. ago Rachel Reeves warns EVERYONE faces tax hikes as she paves way for manifesto

Chancellor Rachel Reeves talked up the need to 'invest' as she took the highly unusual step of teeing up her fiscal package with a speech in Downing Street .

Events

5 d. ago Rachel Reeves to promise 'fairness' in budget as income tax hike speculation mounts

"You will all have heard a lot of speculation about the choices I will make. I understand that - these are important choices that will shape our economy for years to come.”

Economics

5 d. ago Rachel Reeves speech live: Chancellor to pave way for tax hikes in major pre

Speculation mounting that government’s promise to not hike income tax could be broken in Budget

Politics

5 d. ago Reeves to promise ‘fairness’ in Budget as income tax hike speculation mounts

No 10 repeatedly refused to say whether Labour’s manifesto pledge not to raise income tax still stands.

Economics

5 d. ago Public service productivity tumbles at fastest rate in nearly three years after Labour's pay and spending splurges

Chancellor Rachel Reeves is preparing to blame Brexit and Tory austerity for another grim package of tax hikes in the Budget on November 26.

Economics