5 h. ago Rachel Reeves considers major change to Motability scheme to save £1billion

Chancellor Rachel Reeves is looking at scrapping tax breaks, which allows cars leased under the Motability scheme to be exempt from VAT or insurance premium tax

Economics

11 h. ago Ferrari cuts the number of cars it sells in Britain as wealthy customers flee Rachel Reeves' tax raids

Ferrari began to 'significantly limit' the number of cars it was sending to Britain around six months ago to stem a decline in the value of second-hand models.

Economics

23 h. ago Reeves plots tax raid on Middle England: Fears grow that Chancellor will target savings, pensions and property as she suggests Brits with the 'broadest shoulders' will pay billions more

As official figures showed the economy flatlined over the summer, the Chancellor laid the ground for a Budget that will target the better-off.

Economics

23 h. ago Raising VAT would cut spending power TWICE as much as raising income tax, Rachel Reeves is warned

The Chancellor has been warned that raising VAT in the Autumn Budget would have a more detrimental effect on the economy than income tax hikes.

Events

24 h. ago Tax raid to fall on 'broadest shoulders': Fears grow that Rachel Reeves will target savings, pensions and property

As official figures showed the economy flatlined over the summer, the Chancellor laid the ground for a Budget that will target the better-off.

Economics

29 h. ago 'Those with broadest shoulders should pay fair share of tax', says Rachel Reeves

The Chancellor said she wants to “get the balance right” and not people wealthy people off coming to the UK ahead of the Budget next month.

Economics

36 h. ago Stop 'bleating' and pay more tax! Rachel Reeves declares war on the 'rich' ahead of Budget as she dismisses 'scaremongering' about wealthy fleeing UK

Chancellor Rachel Reeves sounded defiance amid growing alarm that another massive raid is coming at the Budget next month.

Economics

37 h. ago Rachel Reeves says higher taxes on wealthy will be 'part of the story' for autumn Budget

Some economists have estimated the Chancellor needs to fill a '£50 billion black hole'

Economics

41 h. ago Rachel Reeves admits she is planning tax hikes and spending cuts in Budget

The Chancellor will have to fill a black hole estimated at around £50billion

Economics

47 h. ago Higher taxes for the wealthy will be ‘part of the story’, says Reeves ahead of Budget

The chancellor has confirmed that tax rises for the wealthy will be ‘part of the story’ as she seeks to fill a £50m financial blackhole

Economics

62 h. ago Chancellor Rachel Reeves hints she's looking for tax rises and spending cuts in upcoming Budget

Chancellor Reeves fails to accept responsibility for economic woes as she blames impact of Brexit, austerity policies and ex-PM Liz Truss's mini-budget

Economics

63 h. ago Rachel Reeves gives tax rises and cuts update and blames Brexit

Chancellor said 'of course, we’re looking at tax and spending' in new interview before November 26 Budget

Politics

63 h. ago Is ANY of it your fault, Rachel? Reeves blames Brexit, austerity, Farage and the Tories as she admits tax rises and spending cuts ARE coming in the Budget

Rachel Reeves tried to slough off responsibility as she gave the clearest indication yet that more pain is coming in the Budget.

Economics

63 h. ago Reeves admits she’s looking at tax rises and spending cuts in Budget

The chancellor blamed Brexit for the move, saying it has had a ‘severe’ impact on the public finances

Economics

63 h. ago Rachel Reeves drops biggest hint yet on tax rises and spending cuts in Budget

Chancellor Rachel Reeves said 'of course, we're looking at tax and spending' as she scrambles to plug a black hole in the public finances estimated to be at around £50billion

Economics

3 d. ago Rachel Reeves given warning over tax changes that could affect millions

Experts told the Treasury Committee that Chancellor Rachel Reeves may have to hike major taxes in next month's Budget to plug the black hole in the public finances

Events

3 d. ago The true cost of Labour: Britain faces highest inflation in G7 but lags behind on growth, warns IMF... while unemployment hits a four

In a setback for Rachel Reeves ahead of the Budget next month, the global watchdog forecast UK inflation of 3.4 per cent this year and 2.5 per cent in 2026.

Events

3 d. ago Budget situation is ‘desperate’, Reeves warned as experts say she has no choice but to raise big taxes

Labour chancellor told a ‘Scrabble bag’ of smaller increases will not rejuvenate UK’s faltering economy

Events

4 d. ago Desperate Reeves 'could combine monster Budget tax hikes with council tax overhaul'

The IFS think-tank said Rachel Reeves should make fundamental changes - such as abolishing council tax and replacing it with a property tax.

Economics

4 d. ago Desperate Reeves 'could wrap monster Budget raid into council tax overhaul'

The IFS think-tank said Rachel Reeves should make fundamental changes - such as abolishing council tax and replacing it with a property tax.

Economics