34 m. ago Rachel Reeves is coming after your inheritance, this is what you should do NOW to protect yourself, writes SIMON LAMBERT

Inheritance tax pollutes people's views on the tax system's fairness but Rachel Reeves is rumoured to be mulling plans to useit to wind up taxpayers even more

Politics

82 m. ago Wealth managers fear for future of UK’s ‘generous’ inheritance tax loopholes

Advisers raise concern that chancellor could tighten rules exempting some assets from death duties

Economics

92 m. ago DWP to send huge payouts to thousands on Universal Credit as lawyers urge further action

The DWP failed to adequately protect the income of disabled people who were transferred from legacy benefits to Universal Credit, according to lawyers

Politics

1 hour ago Cardiff City turn transfer focus to incomings as rival boss says it felt like Bluebirds 'punched him'

The latest Bluebirds news from Cardiff City Stadium

Politics

2 h. ago Voices: Labour can’t hit ‘working people’, so now they’re after people who used to work

Whatever weasel words they may use to justify any changes to inheritance tax, the message is clear: you’re better off not making money under Labour, because they will get you in the long run, writes Chris Blackhurst

Events

2 h. ago Grieving mum finds body of daughter, 7, missing tongue and throat after autopsy

The girl's mother, Han, walked in to the morgue in Taiwan to find her daughter incomplete - before the medical examiner told her they simply chucked them in her chest cavity to save time

Events

2 h. ago Reeves accused of ‘punishing families’ with inheritance tax raid – that still ‘won’t fill Labour’s blackhole’

Former government economist Jonathan Portes told The Independent changes to inheritance tax would not raise enough to plug the UK’s multi-billion-pound fiscal shortfall

Politics

2 h. ago Of course Mark Zuckerberg is still doing good works – he’s just switched up the definition of ‘good’ | Emma Brockes

Who has the time to help underprivileged children when you have a pickleball court and a president to attend to?If you put it in a novel – a ham-fisted satire of tech overlord hypocrisy, say – it would look too contrived to fly. But here we are, absorbing a story from the New York Times this week in which Mark Zuckerberg and his wife, Priscilla Chan, are discovered to have been running a private school out of their compound in Palo Alto, California, in violation of city zoning laws. More pertinently, the school of 14 kids, which includes two of the couple’s three daughters, is less than a mile from the school for low-income families that the couple founded in 2016. Guess which school the world’s second-richest man and his wife are shutting down?Say the word “zoning infraction” to a certain stripe of American and the effect is equal to using “queue jumper” on a Briton, but of course the broader point here isn’t one about permits. (A spokesperson for Zuckerberg and Chan told the newsp...

Politics

3 h. ago Scott Bessent floats rolling out export tax to more industries

US Treasury secretary says Nvidia revenue-sharing agreement could be a model

Politics

4 h. ago DC mayor hardens stance on Trump’s ‘authoritarian’ deployment of national guard – US politics live

Muriel Bowser urges community members to ‘protect our autonomy and get to the other side of this guy’ amid Trump’s interventionWe can expect to hear from the president at least a few times today. According to his daily schedule, he’ll make an appearance at the Kennedy Center at 11am ET, and make an announcement.He’ll then head back to the White House and sign executive orders at 4pm ET. For now this will be closed press, but could very well open up.Will be speaking to European Leaders in a short while. They are great people who want to see a deal done.Very unfair media is at work on my meeting with Putin. Constantly quoting fired losers and really dumb people like John Bolton, who just said that, even though the meeting is on American soil, “Putin has already won.” What’s that all about? We are winning on EVERYTHING. The Fake News is working overtime (No tax on overtime!).If I got Moscow and Leningrad free, as part of the deal with Russia, the Fake News would say that I made a bad d...

Politics

5 h. ago Harlem to Hebron: the long history of Black solidarity with Palestinians

A mutual alliance between oppressed people has been revived with Israel’s full-scale invasion of GazaDon’t already get The Long Wave in your inbox? Sign up here“Our freedom will be incomplete without the freedom of the Palestinian people.” When Nelson Mandela spoke those words in 1997, it resonated deeply across much of the Black diaspora, which has long felt a strong kinship with the struggles of the Palestinian people. In this week’s Long Wave, as yet more journalists are killed in Gaza, and some western countries make belated moves to recognise a Palestinian state, I examine the history of that Black solidarity, and how it has endured.Before that, some housekeeping: we’d love to know what you think of The Long Wave – what you’re enjoying, what you’re not and how we can improve. So if you can spare a few minutes, please fill out this short survey. Continue reading...

Politics

5 h. ago Voices: Is Keir Starmer just one crisis away from a Labour coup?

Party strategists are busy working out how to escape the chancellor’s doom loop of tax rises – and to crush damaging speculation about her boss’s ability to lead his party into the next general election. But the race to replace the PM may already have begun, says Andrew Grice

Events

5 h. ago Inheritance tax and the rise of ‘giving while living’: Smart ways to pass on wealth tax

With rule changes and frozen thresholds, more people are exploring financial gifting in their lifetime

Economics

6 h. ago Rachel Reeves looking to tighten inheritance tax rules as Chancellor scrambles to fix UK's ailing finances

The Chancellor is examining whether to harden the rules on the gifting of money and assets ahead of the Autumn Budget

Economics

8 h. ago 'Politics of envy': Fury as Labour opens the door to an inheritance tax raid on Middle England as ministers fail to deny push to end tax

Dame Diana Johnson, the policing minister, failed to rule out changes to the so-called 'death tax' this autumn amid growing concerns about the state of the public finances.

Politics

8 h. ago Major inheritance tax change talks as Sky News host grills minister on plan

Chancellor Rachel Reeves is reportedly exploring changes to inheritance tax - such as tightening the rules around gifting - as she battles to plug a hole in the public finances

Politics

8 h. ago Shoe Zone blames Budget tax hikes as chain halves profit forecast

Shoe Zone bosses said they saw weaker ‘discretionary spending’ and decreased footfall in stores.

Economics

8 h. ago Millions of people over State Pension age set to pay tax in retirement this year

HMRC estimates 8.7 million pensioners will pay tax for the 2025/26 financial year.

Economics

8 h. ago DWP warned 'questions need to be answered' over £452million compensation payouts

Lawyers have questioned claimants losing SDP to universal credit, years before protection was implemented for the transition, arguing not enough was done to protect incomes

Economics

8 h. ago Keir Starmer ‘plans rise in inheritance tax’ to ease debt crisis

Critics see inheritance tax, charged on estates valued at more than £325,000, as being a wealth tax in all but name

Economics