4 h. ago Citizens Advice Scotland calls for access to banking for all

Wednesday’s Spring Statement from Rachel Reeves ruffled fewer personal finance feathers than her Autumn Budget, which caused a huge flap about changes to Inheritance Tax and pensions.

Politics

23 h. ago Have more than £10,000 in savings? Now Reeves threatens she's coming for you with a monster tax bill. Here's how to protect yourself...

Savers could be in for a nasty surprise. HMRC is responsible for collecting what tax savers owe on the interest they have earned. But it has not been doing a great job.

Economics

28 h. ago Who is running Britain’s economy – Rachel Reeves or Donald Trump?

The chancellor’s careful calculations for her spring statement are likely to be blown out of the water by a looming US trade war• From more tax to rewriting budget rules: six alternative ways Reeves could raise moneyAs Rachel Reeves powered through her spring statement on Wednesday, telling the country she was “restoring stability to the public finances” few in the House of Commons chamber seemed to know what to make of it all.Reeves’s message did not seem to resonate with the underlying mood of uncertainty and anxiety at home and abroad. Many Labour MP nodded loyally along with her, trying to impress the whips. Others on the government benches looked grave. Growth forecasts for this year had been halved. Money would have to be raised to meet the chancellor’s own fiscal rules, and the poorest would be the ones bearing the brunt. Continue reading...

Politics

32 h. ago It's time we wiped the smirks off the smug little faces of all the benefit cheats pretending to be disabled. These scroungers should be ASHAMED

The Chancellor Rachel Reeves is, rightly, raising the bar on who can qualify for disability benefits. She may be wrong in a lot of respects, but on this I can't fault her.

Politics

42 h. ago Hyundai facing legal action over car that can be stolen ‘effortlessly in seconds’

Elliott Ingram was stunned at how a thief made off with his Ioniq 5 deploying a device to mimic the smart key – and says he should have been warnedThe motor manufacturer Hyundai faces legal action over allegations it failed to warn its customers that one of its most popular models of electric cars could be stolen “effortlessly in seconds”. Elliott Ingram, an expert in digital security, was stunned when a CCTV camera installed at his home recorded a hooded thief stealing his Hyundai Ioniq 5 car in less than 20 seconds.The thief is believed to have used a device, available online, to mimic the car’s electronic key. It is the latest in a spate of thefts involving the vehicle, and many owners now resort to a steering lock. Ingram’s car was later recovered by police, but he is terminating the lease and seeking compensation from the motor company. He says the South Korean car giant should have alerted customers to the security vulnerabilities. Continue reading...

Politics

43 h. ago Businessman at war with neighbours after ripping down fence outside £600k Georgian townhouse to build parking space for electric car he doesn't yet own

Tony Knox, 62, took down a fence at his Georgian townhouse so he could build a car port for an electric motor that he is yet to buy. He is parking his £200,000 Aston Martin there in the meantime.

Economics

53 h. ago Rachel Reeves must rethink fiscal rules as social security cuts will inflict real pain

Writing for the Record, Stephen Boyd of IPPR Scotland urges Rachel Reeves to consider alternative means to raise badly needed revenues for public services.

Events

56 h. ago UK economy was doing even better than previously thought under the Tories before Labour took power, figures show

The revised GDP data adds to the evidence of Rachel Reeves ' dismal stewardship just days after the Budget watchdog halved its forecast for growth this year.

Politics

58 h. ago DAILY MAIL COMMENT: 'Awful April' will be the cruellest month

You've got to hand it to Rachel Reeves. Despite her lamentable Spring Statement being savaged across the political spectrum, the Chancellor is putting a brave face on it.

Politics

58 h. ago Watch: Rachel Reeves holds press conference after spring statement backlash

Watch again as Rachel Reeves held a press conference on 26 March following backlash to her spring statement.

Politics

59 h. ago Team of barristers lined up by Rachel Reeves to fight High Court case against her school fees tax... are all privately educated themselves

The Chancellor who has previously called private school parents 'snobs' is spending taxpayers' money fighting the legal challenge to her 20% VAT on school fees tax.

Economics

59 h. ago Reeves’s spring statement almost as unpopular as Truss’s disastrous mini

Just one in five voters believe Rachel Reeves is doing a good job, as chancellor’s approval rating plunges towards that of her predecessor Kwasi Kwarteng prior to him being sacked

Events

65 h. ago Millions face paying back some of their state pension to HMRC in a stealth tax raid. Here, our money experts explain what you need to know... and what do to about it

A bizarre tax cliff edge will mean those who receive the full state pension will be taxed on that income - and low-income pensioners will be dragged into the tax system for the first time.

Economics

67 h. ago We must liberate our brilliant entrepreneurs to stop this disastrous economic stall

The flatlining of the economy isn’t just sad; it’s a complete disaster

Economics

69 h. ago Billionaire former Labour donor and steel tycoon Lakshmi Mittal threatens to quit the UK over Rachel Reeves' 'non

Laskhmi Mittal, a steel tycoon who has lived in Britain for three decades, is reportedly preparing to leave Britain because of the Government's tax changes.

Events

69 h. ago Self employed to face higher fines for paying late tax returns

Chancellor Rachel Reeves announced the new measure during the Spring Statement.

Economics

69 h. ago Teenage driver arrested after car smashes into electricity police

Dozens of homes have been left without power

Events

2 d. ago ‘Was this new age austerity always coming?’ Your spring statement questions answered by Andrew Grice

In this exclusive Q&A session, The Independent’s political commentator Andrew Grice tackles welfare cuts, taxation, and the economic challenges facing the UK

Politics

3 d. ago Rachel Reeves considers fresh tax raid on savers in bid to balance books

HMRC estimates that an extra 893,000 people will have to pay tax on savings by 2028-29

Economics

3 d. ago Road closed with police at the scene as 'car hits electricity post'

Dozens of homes are without power

Events