7 h. ago Even poorest OAPs face paying income tax in new stealth raid on state pension

Millions of Britain's poorest pensioners face being dragged into an 'old-age tax trap' as Chancellor Rachel Reeves desperately attempts to fill a growing black hole in the public finances.

Economics

6 d. ago Pension pots of savers at risk from new UK rule, industry experts warn

Forcing defined contribution schemes to invest a minimum amount in private assets could ‘lead to poorer returns’

Events

8 d. ago This British Tycoon is Leaving UK Because of Rachel Reeve's Tax Raid

This British Tycoon is Leaving UK Because of Rachel Reeve's Tax Raid  International Business Times UK

Politics

1 week ago Private school announces 'devastating' closure after 127 years blaming Labour's tax raid on fees

Moorlands School in Leeds, which charges up to £4,000 a term, said it will close at the end of the autumn term.

Economics

1 week ago Thousands of millionaires to flee Britain in record numbers to escape Labour's tax raids

An unprecedented 16,500 wealthy Britons are predicted to leave this year amid a darkening economic outlook.

Economics

1 week ago Huge blow to Brits as iconic seaside village admits 'crippling' issue

A tiny but insatiably popular seaside village has revealed a huge shakeup to one of its most beloved attractions, urging Chancellor Rachel Reeves to acknowledge the difficulties it is facing

Politics

2 w. ago HMRC issues warning as thousands urged to 'withdraw' pension after new rule change

The rule change has prompted many savers to reconsider their withdrawal strategies. Under current rules, once people hit the age of 55, they're entitled to take out 25 per cent of their pot tax-free

Events

3 w. ago Labour MP accuses families impacted by tax raid on private schools of 'crying to the courts' after they lost High Court bid to stop VAT on fees

Jonathan Hinder, a Labour MP, has accused families impacted by the private school tax raid of 'crying to the courts' after they lost a bid to stop the VAT on fees.

Economics

3 w. ago State Pension inheritance rule helps more than two million people boost payments by over £5,000

More than half a million pensioners were receiving over £5,000 a year in inherited Serps payments in 2023/24.

Economics

3 w. ago Reeves urged to rule out pensions tax raid amid mounting concern over how she will pay for her lavish spending

The Chancellor is widely expected to launch a fresh round of tax rises in a Budget this autumn as she pours money into the public sector.

Economics

3 w. ago Kate Garraway's 'tsunami of sadness' over heartbreaking habit that's stuck since husband Derek passed away

Kate Garraway, who looked after her husband Derek Draper during his battle with long COVID before his passing in January 2024, has opened up about her grief and urged Chancellor of the Exchequer Rachel Reeves to support unpaid careers

Politics

3 w. ago Will Rachel Reeves launch a tax raid on the wealthy and how could it work?

Rachel Reeves' u-turn on winter fuel payments and increased spending will need to be paid for. Most experts think tax rises in the Budget are now inevitable.

Economics

3 w. ago Will the Chancellor launch tax raid on the wealthy and how could it work?

Rachel Reeves' u-turn on winter fuel payments and increased spending will need to be paid for. Most experts think tax rises in the Budget are now inevitable.

Economics

3 w. ago Scottish Government refuses to rule out changes to pensioners’ winter payment

A spokesperson for John Swinney refused to rule out making changes in the wake of the UK Government’s U-turn on winter heating payments.

Politics

3 w. ago Floundering Rachel Reeves admits Brits are NOT feeling better off as jobs slump after Labour's tax raid... with fears she will have to up the burden AGAIN after spending crunch

Rachel Reeves acknowledged 'working people' are not seeing 'progress' in their everyday lives as she prepares to deliver a crucial spending review tomorrow.

Economics

3 w. ago Sadiq Khan urges Rachel Reeves to give more cash to London in spending review

The London mayor is concerned the capital’s transport priorities have been ignored by Labour

Economics

3 w. ago HMRC rule means 2 million pensioners could have Winter Fuel payment 'recovered'

The payments will be worth up to £300 and will begin to be paid from later this winter

Economics

3 w. ago Pensioners issued warning over £10,000 winter fuel payment rule

Winter fuel payments are available for state pensioners who also claim Pension Credit, with the government planning to review the eligibility criteria for the payment this year

Economics

3 w. ago As Rachel Reeves prepares to splurge billions on NHS and tech... will she stick to her promise NOT to raise taxes?

Rachel Reeves was last night urged to keep her promise not to hike taxes again amid fears more raids are on the way.

Economics

4 w. ago Woman who ran drug empire for lavish lifestyle ordered to pay back just £96k

Danielle Stafford cashed in as she ran a multimillion pound drug enterprise in East Yorkshire, but she was soon found out after police pulled her up on a completely unrelated crime

Economics