2 w. ago Starmer admits he planned to break manifesto pledge on income tax

PM defends last week’s Budget and says ‘there was no misleading’ about economic forecasts

Politics

2 w. ago Keir Starmer admits he planned to break manifesto pledge on income tax

PM defends last week’s Budget and says ‘there was no misleading’ about economic forecasts

Politics

2 w. ago Rachel Reeves’ uncle blasts Budget as 'worst I’ve ever heard'

His comments come as the Chancellor is accused of breaking a Labour manifesto pledge amid £26billion of tax rises

Politics

2 w. ago Did Labour break their tax manifesto pledge? Martin Lewis gives his opinion

Martin Lewis has revealed whether he thinks Rachel Reeves broke Labour's manifesto pledge on tax.

Politics

3 w. ago Starmer says budget did not break manifesto tax pledge and scrapping two

PM says: ‘We kept to our manifesto in terms of what we’ve promised. But I accept the challenge that we’ve asked everybody to contribute’Ask the Guardian your budget questionsShare your views on the new ‘mansion tax’Budget calculator: find out if you are better or worse offThe Conservative party is attacking the budget on the grounds that Rachel Reeves is putting up taxes supposedly to fund more spending on benefit claimants. Even though the rationale for this claim is questionable, the Tories were making it before the budget was announced, and Kemi Badenoch firmed it up last night, claiming it was a “Benefits Street budget”.On LBC this morning, asked if the budget meant “alarm clock Britain paying for Benefits Street”, Reeves said she did not accept that. She said 60% of the families that would benefit from the removal of the two-child benefit cap (the most expensive welfare announcement in the budget) were in work.I don’t think children should be punished by this pernicious policy ...

Economics

3 w. ago Did Rachel Reeves break her manifesto pledge on tax? Her own words suggest she did

The chancellor is using semantics to argue she has not broken her pledge – which will be of little comfort to those whose income tax bill will soar, writes David Maddox

Politics

3 w. ago Budget 2025 live: Rachel Reeves admits ‘working people will pay more’ but denies breaking manifesto tax pledge

Tory leader Kemi Badenoch brands package of measures ‘a smorgasbord of misery’ and urges chancellor to resign

Economics

3 w. ago The strivers hit hardest: As Reeves' Budget clobbers workers, the Britons who say it's a 'kick in the teeth' and 'I wish I hadn't bought an EV'

The Chancellor bowed to Left-wing demands and shattered Labour's manifesto pledges on tax with a £13billion freeze on income tax and National Insurance thresholds lasting three years.

Economics

3 w. ago With a smirk that says if you work hard and save prudently I'm coming for you, Reeves launches 43 tax rises in spiteful raids on strivers

The Chancellor shattered Labour's manifesto pledges on tax with a £13 billion freeze on income tax and National Insurance thresholds lasting three years.

Economics

3 w. ago Budget 2025 live: Reeves claims freezing tax thresholds in budget does not breach manifesto pledge

Chancellor says she will not ‘get into semantics’ when questioned on issue after her statementAt a glance: the key points from the budgetHow does freezing income tax thresholds affect you?Paul Nowak, the TUC general secretary, has rejected the concerns raised by the Resolution Foundation (see 9.54am) about the rise in the minimum wage rates. Asked about the thinktank’s comments, Nowak told Times Radio:I don’t accept those concerns ...First of all, that recommendation is based on the Low Pay Commission, which brings together employers, unions, independent experts, they’re tasked with making a recommendation on the minimum wage, which balances getting money into people’s pockets and the impact on unemployment. Continue reading...

Economics