26 h. ago Pensioners face £2,500 tax bills under potential Income Tax plans

Chancellor Rachel Reeves is said to be considering raising income tax, in a move that would hit millions of pensioners - and some could face bills of up to 2,500

Economics

68 h. ago Budget tax hikes could see food prices soar, major supermarket boss warns

Sainsbury’s CEO Simon Roberts says shoppers are being ‘cautious’ ahead of the announcement later this month

Economics

69 h. ago Labour’s new deputy leader warns Rachel Reeves not to break manifesto pledge and raise taxes

Keir Starmer’s new deputy, who replaced Angela Rayner, also demanded urgent action on the controversial two child benefit cap in the Budget

Events

3 d. ago Supermarket boss warns of skyrocketing food prices if Reeves raises taxes

Sainsbury’s CEO Simon Roberts says shoppers are being ‘cautious’ ahead of the Budget

Events

3 d. ago Gordon Brown to issue warning on ‘shameful epidemic’ of child poverty in Britain

The ex-Labour leader will also call for Rachel Reeves to raise taxes on gambling firms to cover the cost of lifting the two-child benefit cap

Events

4 d. ago I won't quit even if I break my promise not to raise tax, Rachel Reeves says

The Chancellor hinted she is considering the first rise in the basic rate of income tax for half a century, saying 'we will all have to contribute' at the November 26 Budget.

Politics

4 d. ago Reeves insists she will not resign if she raises income tax in the Budget

Chancellor also gives strong hint that business faces higher levies on November 26

Economics

5 d. ago ANDREW PIERCE: Rachel Reeves is a liar! I've counted SEVEN times where the Chancellor vowed not to raise taxes

The Chancellor told Britain after her last Budget, which raised our taxes to an all-time high, that she wasn't coming back for more.

Politics

5 d. ago Reeves to lay groundwork for tax rises in ‘candid’ speech about budget

Chancellor to promise ‘fairness and opportunity’ but will not repeat manifesto pledge on tax, after PM’s hint at breachRachel Reeves will lay the groundwork for a tax-raising budget that could break Labour’s election promise on income tax, in a major speech in which she will be “candid” about the tough choices ahead.The chancellor will give the speech as the markets open on Tuesday, when she will promise to make fair choices at this month’s budget but decline to repeat her manifesto pledge of no rise in income tax, VAT or national insurance. Continue reading...

Economics

7 d. ago Hidden hotspots to look out for when you’re in the supermarket that could save you £500 a year

SUPERMARKETS are getting pricier — so how can you rise above the madness and bag the best value on your weekly shop? We spoke to retail insiders who shared their top tips for bossing the bargain hunt. Soaring food prices saw inflation skyrocket to 3.8% in July — and it's stayed stubbornly high ever since....

Economics

7 d. ago If you're on £46,000 you're in Reeves' sights: Chancellor vowed not to raise tax for 'working people' but wouldn't say what that meant...now we know

The Tories have seized on claims by Whitehall sources that Rachel Reeves is targeting workers earning £46,000 a year or more to fill a £40 billion hole in the public finances.

Economics

1 week ago Reeves could raise income tax by 2p: Starmer lays the ground for tax raid as Tories insist Chancellor must be sacked if she breaks election vow

During Prime Minister's Questions yesterday, Sir Keir failed to repeat his mantra that the promise made to voters at last year's election still 'stands'.

Politics

1 week ago Kemi Badenoch calls for Rachel Reeves to get the sack if she raises taxes

The Tory leader will demand that the chancellor ‘get the axe if she puts up tax’

Politics

1 week ago Starmer refuses to rule out tax rises in budget after questioning by Badenoch

Prime minister fails to answer Tory leader’s questions about manifesto pledge not to raise income taxUK politics live –latest updatesKeir Starmer has refused to rule out tax rises in next month’s budget, which would breach Labour’s manifesto promises, boosting speculation that Rachel Reeves is considering raising income tax to reduce a shortfall.The prime minister pointedly ignored questions posed to him by Kemi Badenoch in the Commons about the manifesto pledge, something the Conservative leader said he had not done when asked before. Continue reading...

Economics

2 w. ago Rachel Reeves ‘considering breaking Labour manifesto pledge with income tax raid’

Rachel Reeves is reportedly considering raising income tax to help fill an estimated shortfall of between £30bn and £50bn

Politics

2 w. ago Rachel Reeves urged to hike tax on banks’ 'bumper profits' to raise cash

Chancellor Rachel Reeves is being urged to increase tax on banks’ 'bumper profits' to raise investment for Britain's strugglinh hospitals, schools and local councils.

Economics

3 w. ago Rachel Reeves WILL raise taxes on the wealthy in the Budget: Here's how to protect yourself

Rachel Reeves has given the strongest indication yet that she will target the wealthy with higher taxes in the Autumn Budget. We asked the experts what people should do.

Economics

3 w. ago Raising VAT would cut spending power TWICE as much as raising income tax, Rachel Reeves is warned

The Chancellor has been warned that raising VAT in the Autumn Budget would have a more detrimental effect on the economy than income tax hikes.

Events

3 w. ago Rachel Reeves 'could raise tens of billions at Budget' without breaking major tax promises

Research by the Institute for Fiscal Studies comes as Parliament returns from the conference recess today with attention turning to next month's make-or-break Budget

Economics

3 w. ago How the IFS says Rachel Reeves can raise tax and fill a £30bn black hole WITHOUT breaking her promises

The Chancellor may have to find up to £30billion in the Budget, but has pledged not to raise income tax, National Insurance or VAT.

Economics