6 h. ago Starmer opens the door for stealth tax extension as he tries to balance books

During a fiery PMQs, the prime minister ruled out increases to income tax, VAT and national insurance but could not answer questions on wealth taxes or a freeze on tax thresholds

Events

8 h. ago Starmer opens the door for wealth tax raid as he ducks questions at PMQs

During a fiery PMQs, the prime minister ruled out increases to income tax, VAT and national insurance but could not answer questions on wealth taxes or a freeze on tax thresholds

Economics

8 h. ago Which tax rises could the government introduce to fill the black hole in Britain’s finances?

Labour’s pledge not to raise taxes on ‘working people’ leaves the chancellor with a limited number of workable options to fill the £5bn hole in the public finances left by last week’s welfare climbdown

Politics

8 h. ago Starmer declines to rule out wealth tax as Badenoch brands him ‘weak’

The Conservative leader claimed the Prime Minister had been ‘forced into a series of chaotic U-turns’ and failed to prevent doctors’ strikes.

Economics

9 h. ago Starmer says UK ‘can’t just tax our way to growth’ as he brushes off call for wealth tax – UK politics live

UK prime minister will have talks with Emmanuel Macron later todayThe BMA strike decision must be a tempting topic for Kemi Badenoch at PMQs, which is starting very soon. The Conservatives have repeatedly criticised the government for the way they swiftly settled public sector pay disputes when they took office; they argue that Labour was too generous to the unions, thereby encouraging them to threaten further strikes.Here is the list of MPs down to ask a question.Streeting says he is “disappointed” by the proposed strike, and he insists resident doctors have had a relatively good outcome on pay. He says:I remain disappointed that despite all that we have been able to achieve in this last year, and that the majority of resident doctors in the BMA did not vote to strike, the BMA is continuing to threaten strike action.I accepted the DDRB’s recommendation for resident doctors, awarding an average pay rise of 5.4%, the highest across the public sector. Accepting this above inflation re...

Politics

29 h. ago ‘Naive and arrogant’: Why a wealth tax in the UK would fail, according to experts

The UK government needs to raise funds – but experts say trying to take more from the rich simply won’t work

Economics

30 h. ago Voices: Readers torn on wealth tax – from ‘the only counterbalance’ to ‘utterly counter

Discussion of a wealth tax has ignited a lively debate among our community, with some calling it a necessary step to tackle inequality and fund public services, while others warned it would drive away investment and harm the economy

Economics

34 h. ago Minister insists ‘those with broadest shoulders should carry greatest burden’ over wealth tax

Labour’s Transport Secretary Hedi Alexander has refused to rule out a wealth tax when pressed on whether it is being considered.

Politics

37 h. ago Rachel Reeves warned 'fantasy' wealth tax would drive away investors and fail like Spain's as desperate ministers refuse to rule out left

Alarm is growing about Labour targeting entrepreneurs as the government frantically tries to balance the books.

Events

38 h. ago Billionaire Labour backer John Caudwell says he's 'increasingly nervous' about Starmer

John Caudwell has warned that a wealth tax would be ‘very destructive’ to growth

Politics

42 h. ago Labour refuses to rule out wealth tax to fill gaping hole in finances after £5billion welfare retreat

Chancellor Rachel Reeves is under pressure from unions and Labour MPs to introduce a levy on the rich after the £5billion welfare retreat.

Economics

45 h. ago Labour refuses to rule out wealth tax to fill gaping hole in finances after £5billion welfare retreat

Chancellor Rachel Reeves is under pressure from unions and Labour MPs to introduce a levy on the rich after the £5billion welfare retreat.

Economics

55 h. ago Voices: The bottom line? Britain simply can’t afford to impose a wealth tax

As battle lines are drawn within Labour over taxing the super-rich, Chris Blackhurst says that the government must resist Lord Kinnock’s siren call to take a 2 per cent slice of asset values above £10 million – because the country’s economic prosperity depends on it

Economics

57 h. ago Panic over Labour 'wealth tax' to fill £30bn black hole in government finances

The prospect of a charge on the assets of the well-off has been mooted as the Chancellor scrambles to fill a potential £30billion black hole in the public finances.

Economics

59 h. ago A wealth tax which would hit London hard is up to Chancellor Rachel Reeves, says minister

The Government is not ruling out new tax rises after a Labour revolt over welfare reforms blew a £5 billion hole in the Treasury’s spending plans

Politics

61 h. ago Imposing a wealth tax which would hit London hard is up to Chancellor Rachel Reeves, says minister

The Government is not ruling out new tax rises after a Labour revolt over welfare reforms blew a £5 billion hole in the Treasury’s spending plans

Politics

3 d. ago Keir Starmer must slap wealth tax on richest Brits, warns ex

Former leader Neil Kinnock said the Government appeared 'bogged down by their own imposed limitations' and said Keir Starmer should consider a wealth tax on assets over £10million

Events

3 d. ago Traps you MUST avoid to protect your family from inheritance tax

Inheritance tax is widely loathed. It's a tax on death, property and the natural desire to pass wealth down the generations.

Politics

4 d. ago The traps you MUST avoid to protect your family wealth from inheritance tax

Inheritance tax is widely loathed. It's a tax on death, property and the natural desire to pass wealth down the generations.

Economics

6 d. ago ‘Clearly I was upset,’ says Reeves as she responds to questions about tears at PMQs – UK politics live

Chancellor says tears due to ‘a personal issue’ but it was her job to be at PMQs supporting Keir StarmerStreeting says he has to go to the Commons to make a statement to MPs.But first he introduces Rachel Reeves, saying that she has put an extra £29bn into the NHS.It is thanks to her leadership that we’ve seen interest rates in our country fall four times. It’s thanks to her leadership that we see wages finally rising faster than the cost of living. And it’s thanks to her leadership we have the fastest growing economy in the G7.If Australia can effectively serve communities living in the remote outback, we can meet the needs of people living in rural England.If community health teams can go door to door to prevent ill health in Brazil, we can do the same in Bradford. Continue reading...

Politics