15 h. 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

21 h. 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

23 h. 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

7 d. ago ‘Patients will suffer’: tales from the frontline of the UK pharma crisis

The pricing standoff between government and industry has stalled research and put thousands of jobs at risk‘We want to see more investment flow to Britain,” the chancellor, Rachel Reeves, urged of big pharmaceutical companies this month, as she indicated that the government was willing to increase the price it pays for NHS drugs. Ministers are likely to announce a rethink on pricing soon, potentially by the end of this week.But the size of that rise remains uncertain. The big question is whether it will be generous enough to convince pharmaceutical companies, which account for a near-£100bn slice of the UK economy, to resume the investments they had paused in a strong-arm campaign to secure concessions from government. Continue reading...

Science

7 d. ago Labour's favourite think tank urges Rachel Reeves to go the whole hog and scrap the two

The Resolution Foundation has urged the Chancellor to find an extra £3.5billion a year to ditch the whole limit as it warned that 'half measures' won't suffice.

Events

1 week ago Rachel Reeves urged to freeze whisky duty in Budget to save jobs

The call was made by the GMB trade union ahead of November's Budget.

Politics

1 week ago Rachel Reeves urged to hike taxes on HOLIDAYS at the Budget with new green levies on flights to plug £30billion black hole

The Chancellor should consider a range of levies on aviation to ensure the sector pays 'its fair share' towards Britain's Net Zero targets, according to a new report.

Economics

2 w. ago M&S boss urges Rachel Reeves to 'change course' to escape 'economic doom loop' of high taxes and weak growth

n a stinking rebuke ahead of next month's Budget, Stuart Machin hit out at the Chancellor's 'catastrophic' £25billion increase in national insurance and called for 'no more' tax hikes.

Economics

2 w. ago Rachel Reeves urged to hike tax on banks’ 'bumper profits' to raise cash

Chancellor Rachel Reeves is being urged to increase tax on banks’ 'bumper profits' to raise investment for Britain's strugglinh hospitals, schools and local councils.

Economics

2 w. ago Developing Rosebank oil field ‘pure climate vandalism’, Scottish Green insists

Co-leader Gillian Mackay used her speech to the Scottish Green Party conference to hit out at plans to develop the oil field.

Politics

2 w. ago Zack Polanski demands Government block plans for Rosebank oil field at London protest

The Green Party leader spoke outside the Department of Energy where days of protest are planned

Politics

2 w. ago Charities urge Rachel Reeves to avoid 'new tax' on most vulnerable

A group of 15 charities and firms, including Disability Rights UK, have written to the Chancellor over their concerns, warning it will make essential travel unaffordable

Politics

2 w. ago Rachel Reeves urged to fix 'broken system' in Budget as councils stuck in bailout cycle

Council spending for this year has already put many local authorities under pressure

Politics

3 w. ago Rachel Reeves urged to show 'restraint' as fears grow Scots face more tax rises

The Scottish Retail Consortium said Ms Reeves’ focus should be on restraint, while the Federation of Small Businesses called for the VAT threshold to be raised for small businesses

Politics

3 w. ago Rachel Reeves urged to show 'restraint' ahead of next month's Budget

The Scottish Retail Consortium said Ms Reeves’ focus should be on restraint, while the Federation of Small Businesses called for the VAT threshold to be raised for small businesses

Politics

3 w. ago UK Government urged to ‘do the right thing’ and reject Rosebank development

Equinor, which owns the majority of the oil field, stressed it was committed to advancing the ‘Rosebank project’.

Politics

3 w. ago Environment impact report on controversial Rosebank oil field in North Sea revealed

Courts ordered the developers to resubmit plans with detail on emissions after the application was overturned earlier this year.

Politics

3 w. ago Good Morning Britain delivers urgent update on Rachel Reeves leaving viewers ragging

Good Morning Britain covered Chancellor Rachel Reeves' arrival in Washington for meetings at the International Monetary Fund, as many Britons continue to struggle with the ongoing cost-of-living crisis.

Politics