4 h. ago Slash spending instead of hiking taxes, Kemi Badenoch says as she tears into Chancellor's 'waffle bomb' pre

Kemi Badenoch delivered a brutal response after Chancellor Rachel Reeves effectively confirmed she will increase the burden again at the Budget.

Economics

5 h. ago Ryanair boss warns of UK flights cuts and fare increases ahead of budget

Michael O'Leary hinted that airlines could move their operations to countries with lower business taxes

Events

6 h. ago Slash spending instead of hiking taxes, Kemi Badenoch says as she slams Chancellor's 'waffle bomb' pre

Kemi Badenoch delivered a brutal response after Chancellor Rachel Reeves effectively confirmed she will increase the burden again at the Budget.

Economics

24 h. ago My sources have told me about the catastrophic tax rises to come. Pensioners will be horrified... this is where Labour's going to strike and it's devastating: JEFF PRESTRIDGE

With every day that passes it becomes more apparent that the Chancellor will, later this month in the Budget , break Labour 's manifesto commitment not to increase income tax.

Economics

25 h. ago Farage accused of betraying pensioners after triple lock hint in speech Tories say was rambling and incoherent – UK politics live

Reform leader refuses to commit to keeping mechanism that guarantees how pensions are increasedFarage is speaking now. He says another “depressing budget hoves into view”. It will be a budget that “doesn’t have the guts to cut public spending”.He says Britain has been living under an illusion.I think for some years we’ve actually been living under an illusion. We’ve not been prepared to face up to just how much of an economic mess we genuinely in.As we slipped down the global league tables, we kid ourselves that it’s OK, we’ve got GDP growth. Continue reading...

Politics

27 h. ago Farage accused of betraying pensioners but praised for ‘fiscal discipline’ after triple lock hint – politics live

Reform leader refuses to commit to keeping mechanism that guarantees how pensions are increasedFarage is speaking now. He says another “depressing budget hoves into view”. It will be a budget that “doesn’t have the guts to cut public spending”.He says Britain has been living under an illusion.I think for some years we’ve actually been living under an illusion. We’ve not been prepared to face up to just how much of an economic mess we genuinely in.As we slipped down the global league tables, we kid ourselves that it’s OK, we’ve got GDP growth. Continue reading...

Politics

28 h. ago Britain 'doomed' under Labour as wealthy scramble to 'get the hell out of London', Ryanair boss Michael O'Leary warns

The UK is doomed under Labour, the boss of Ryanair has warned as he claimed wealthy people were scrambling to 'get the hell out of London' before being hit by a Budget tax raid.

Events

32 h. ago ‘More than a hundred tax and spending plans’ being considered by Reeves ahead of Budget

Around a hundred tax and spending measures are said to be on the table at the Budget, including an increase in income tax

Economics

32 h. ago Death by a HUNDRED tax hikes? Reeves looking at blizzard of increases on 'wealthy' middle earners in Budget

Chancellor Rachel Reeves is considering a blizzard of measures targeting the 'wealthy' as she scrambles to drum up huge sums.

Economics

4 d. ago Business Secretary announces electricity discounts of £420 million

Peter Kyle would not comment on whether firms could expect to see tax increases in the budget.

Economics

7 d. ago Trump’s One Big Beautiful Bill will push US debt levels beyond those of Greece or Italy, IMF forecast predicts

President’s allies say deficit is going down, but predictions for 2026 still range as high as $2.2 trillion

Politics

8 d. ago Rachel Reeves hints at tax rises in Budget as she heads to Riyadh in search of trade deal

The chancellor is widely expected to use the Budget to increase taxes once again, with the Institute for Fiscal Studies estimating she needs to find £22bn of tax rises or spending cuts to meet her self-imposed fiscal rule

Economics

1 week ago All we know as Budget could see Personal Allowance increase for pensioners

The Personal Allowance has been fixed at £12,570 since 2021

Economics

1 week ago Personal Allowance income tax threshold of £12,570 could increase at Autumn Budget

More pensioners will pay tax in retirement next year due to the frozen Personal Allowance.

Economics

1 week ago Welsh Budget could increase risk to public services, warns IFS

The think tank warned the Welsh Government’s draft budget is not realistic in its current form.

Events

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 Housing market slows amid fears Reeves will increase property taxes

Post-summer bounce in activity fails to materialise as buyers and sellers, in the south especially, opt to ‘wait and see’The UK’s housing market is showing signs of slowing down amid speculation that Rachel Reeves could announce tax increases on property in next month’s budget.In a sign of growing caution among house hunters, figures from Rightmove showed that both the number of new buyers contacting estate agents about homes for sale, and the number of new sellers coming to market, slumped by 5% in September compared with the same month a year earlier. Continue reading...

Economics

2 w. ago ‘Empty shelves, higher prices’: Americans tell of cost of Trump’s tariffs

US consumers say price rises caused by president’s tariffs contradicts his promise to make life more affordableAs a mother of two, Paige Harris has noticed a change in the way she shops for her family.“Items that I have bought regularly have gone up in price steadily,” she said. “From hair dye to baby formula, our grocery list has gotten smaller while our budget has had to increase. Meats like steak are a no-go for our household.” Continue reading...

Economics

3 w. 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 w. 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