16 h. ago South Ayrshire: The Scottish council, that covers Trump Turnberry, that has shelved tourist tax plans

A tourist tax is going ahead in Edinburgh, with a separate vote in Glasgow on Thursday, but South Ayrshire will no longer progress its own plans.

Politics

45 h. ago Scottish gangsters shot dead in Costa del Sol bar were killed by 'rival gang hitman' apprehended in UK 'before fleeing to tax haven paradise island'

The gunman who shot dead Scots mobsters Ross Monaghan and Eddie Lyons Jr at a Costa del Sol pub was a member of a rival gang, Spanish police chiefs said last night.

Events

4 d. ago Reeves braced for OBR forecasts to blow £20bn hole in tax and spending plans

Downgrades by Treasury watchdog could force chancellor to raise taxes or cut spending at budget to meet fiscal rulesRachel Reeves is braced for revised forecasts by the Office for Budget Responsibility (OBR) to blow a £20bn hole in her tax and spending plans before the autumn budget.Even without changing the totals the chancellor set out in her spending review on Wednesday, a weaker forecast from the the Treasury’s independent watchdog could force her to find significantly more money at the budget to meet her “non-negotiable” fiscal rules. Continue reading...

Economics

5 d. ago Tories demand OBR steps in to scrutinise Rachel Reeves' spending plans amid alarm that her sums don't add up without tax hikes

Conservative MP Gareth Davies, the shadow financial secretary to the Treasury, called for the watchdog to assess Chancellor Rachel Reeves' proposals.

Economics

6 d. ago Tax rises 'almost inevitable' as IFS torches Rachel Reeves' spending plans warning NHS and defence will need topping up and cost

IFS director Paul Johnson said he would be 'very surprised indeed' if heath and defence funding did not need topping up before the next election.

Events

6 d. ago IFS torches Rachel Reeves' spending plans warning NHS and defence will need topping up and cost

IFS director Paul Johnson said he would be 'very surprised indeed' if heath and defence funding did not need topping up before the next election.

Events

7 d. ago A reckless splurge we (and our children) will be paying off for years: Voters brace for tax hikes as Rachel Reeves embarks on unprecedented spending spree

In a return to Labour's tax-and-spend approach, the Chancellor set out plans to 'invest' a staggering £4 trillion to fund 'the renewal of Britain'.

Economics

7 d. ago 'Bombshell' council tax rise warning over Rachel Reeves' police funding plans

Chancellor accused of ‘relying on a hidden council tax bombshell to fund a half-hearted rise in police funding’ as she outlines Spending Review

Events

7 d. ago Reeves unveils record spending plans but experts warn of tax rises ahead

Chancellor announces £39bn boost for social housing, £29bn for NHS and £11bn for defence – and promises to close all asylum hotels as she takes a swipe at Farage and dismisses Tory warnings of a ‘cruel summer’ of tax rise

Events

7 d. ago Council tax 'bombshell' warning over Chancellor's police funding plans

The government was accused of ‘relying on a hidden council tax bombshell to fund a half-hearted rise in police funding’

Events

7 d. ago Spending review 2025 – live: Reeves criticised for ‘fantasy’ plan as economists warn tax hikes ‘very likely’

Chancellor Rachel Reeves insists she will never have to repeat last year’s Autumn Budget, when tax rises were announced

Events

7 d. ago Spend now, tax later! Rachel Reeves splurges on NHS and Net Zero... despite fears she has no idea where the money is coming from

Unveiling the Spending Review in the Commons, Chancellor Rachel Reeves claimed she is 'renewing Britain'.

Economics

7 d. ago Brits on high alert for tax hikes as Rachel Reeves unveils spending plans: Chancellor splurges on NHS and Net Zero... despite fears she has no idea where the money is coming from

Unveiling the Spending Review in the Commons, Chancellor Rachel Reeves claimed she is 'renewing Britain'.

Economics

7 d. ago Labour's 'dangerous' spending spree stokes tax rise fears: Brits warned of looming increases as Rachel Reeves lays out 'unrealistic' spending plans TODAY

The Cabinet is signing off the spending review before the Chancellor announces the details in the Commons at lunchtime.

Events

8 d. ago Labour splashes the cash but who's going to pick up the bill? Brits warned of looming tax hikes as Rachel Reeves lays out 'unrealistic' spending plans TODAY

The Cabinet is set to sign off the spending review before the Chancellor announces the details in the Commons at lunchtime.

Economics

9 d. ago John Swinney accused of planning council tax freeze 'bribe' ahead of Holyrood election

EXCLUSIVE: A senior council figure said the First Minister did not rule out a freeze during a meeting with local authority leaders.

Politics

9 d. ago Savings, shares, houses and inheritance... this is how Rachel Reeves plans to mount a series of damaging tax raids on Middle England: DANIEL HANNAN

We are reduced to eating the seed corn. There is no other way to describe hiking taxes when they are already at a 70-year high.

Economics

1 week ago Tories will ‘never again’ put economy at risk like Liz Truss did, Mel Stride says

Shadow chancellor accepts Truss’s mini-budget badly damaged party in clearest repudiation yet of ex-PMUK politics live – latest updatesThe Conservatives will “never again” put the economy at risk with unfunded tax cuts like those in Liz Truss’s mini-budget, the shadow chancellor has said, in the party’s clearest repudiation yet of the former prime minister.In a speech on the economy, Mel Stride went beyond any comments made by the Tory leader, Kemi Badenoch, to accept that Truss’s September 2022 fiscal plans, which involved about £45bn in unfunded tax cuts and quickly unravelled, badly dented the party’s reputation. Continue reading...

Economics

2 w. ago Tories will ‘never again’ put economy at risk like Liz Truss did, Mel Stride to say

Shadow chancellor to accept Truss’s mini-budget badly damaged party in clearest repudiation yet of ex-PMThe Conservatives will “never again” risk the economy with unfunded tax cuts like those in Liz Truss’s mini-budget, the shadow chancellor is to say in the party’s clearest repudiation yet of the former prime minister.Making a speech on the economy, Mel Stride is expected to go beyond any comments made by the Tory leader, Kemi Badenoch, thus far to accept that Truss’s September 2022 fiscal plans, which involved about £45bn in unfunded tax cuts and quickly unravelled, badly dented the reputation of the party. Continue reading...

Economics

2 w. ago Merz plans €46bn corporate tax breaks to revive German economy

Finance minister Lars Klingbeil will outline measures to boost corporate investments amid threat of US tariffs

Economics