7 h. ago Fears of job losses and lower wages after Reeves' £4.7bn Budget tax raid on pensions

The Chancellor said salary sacrifice contributions, where workers forego wages in return for the money being paid directly into their retirement fund, will be capped at a fraction of their current rate.

Economics

8 h. ago Anyone earning under £35,000 given new £200 warning by experts

Workers earning under £35,000 could lose take-home pay due to frozen income tax thresholds extended for three more years, Resolution Foundation analysis warns

Events

9 h. ago Betting giants say Budget tax raid will hurt jobs, close bookies and boost black market

Britain's biggest gambling firms have warned the Budget tax raid on the sector will cost jobs, close high street bookies and strengthen illegal black market operators.

Economics

9 h. ago These home workers to lose up to £124 tax break as 300,000 brace for Budget raid

The move will hand the Treasury tens of millions of pounds a year, with higher-rate taxpayers facing a tax increase of up to £124

Economics

21 h. ago William Hill and 888 owner Evoke to slash thousands of jobs after £1.1bn budget raid on the gambling industry

Rachel Reeves raised remote gaming duty, levied on online casinos, from 21% to 40% from April. And she lifted the levy on online sports betting from 15% to 25%.

Economics

21 h. ago What does Britain think of the Budget? Brits weigh in on Reeves's raid and share their biggest worries

Electric vehicle owners, pub landlords and the average worker told the Daily Mail today they felt the hardest hit, while others said they were fed up of 'being taxed, taxed, taxed'.

Politics

23 h. ago Reeves has swung a huge sledgehammer that'll wipe £37,000 off your pension

The Chancellor has launched a stealth attack on 'salary sacrifice' company pensions, with a new £2,000 cap on the pension contributions that can be made with tax breaks.

Economics

29 h. ago Budget 2025 LIVE: Rachel Reeves unveils £26bn tax raid but cuts energy bills amid leak fiasco

Rachel Reeves calls the blunder by the Office for Budget Responsibility ‘deeply disappointing’ as she delivers Budget

Economics

29 h. ago What Reeves' devastating pensions raid means for you, the people who will be thousands worse off

The Chancellor has launched a stealth attack on 'salary sacrifice' company pensions, with a new £2,000 cap on the pension contributions that can be made with tax breaks.

Politics

35 h. ago Hospitality bosses hit out at "yet another" above inflation hike in minimum wage in 2026

It also comes as firms are still reeling from Reeves' £25billion raid on employers' National Insurance in last year's Budget.

Economics

43 h. ago Farmers' fury as tractors banned from Budget day demonstration against Reeves' inheritance tax raid

Farmers planning a huge Budget day demonstration against the family farm tax tomorrow have been banned from bringing their tractors - prompting fury and accusations of two-tier policing.

Economics

54 h. ago Fizzy drinks to go up in price as Labour 'milkshake tax' becomes the first money grab of the Budget

In the first salvo of the Budget raid on Britons, Wes Streeting announced that the exemption for pre-packaged milk-based drinks is being scrapped.

Economics

61 h. ago Labour support in London at record low, new poll finds as Reeves Budget tax raid to hammer capital

Exclusive: Nigel Farage’s Reform UK surges to 23% in the capital, ahead of the Tories on 20%, with Labour on 32%

Economics

61 h. ago Labour support in London at record low, new poll finds as Reeves Budget tax raid to hammer the city

Exclusive: Nigel Farage’s Reform UK surges to 23% in the capital, ahead of the Tories on 20%, with Labour on 32%

Economics

68 h. ago 'Millionaire mandarins' revealed: the senior civil servants with as much as £2.5 MILLION to look forward to in taxpayer

Britain's top civil servants are in line for taxpayer-funded pension pots worth an average £1.3million, as private sector workers trying to save for retirement face a tax raid in the Budget.

Economics

2 d. ago Reeves asks banks to praise her plans as they escape Budget tax raid

Chancellor is under pressure from some Labour MPs to raise levies on business this week

Economics

3 d. ago Price of a bottle of wine is expected to jump by 15p as Rachel Reeves launches Budget raid on drinkers

Despite warnings about the fragile state of the hospitality sector - and concerns about inflation - the Chancellor is expected to press ahead with an increase in alcohol duty across the board.

Economics

3 d. ago 2.6 million people in London and South East to be hit by stealth income tax with Reeves Budget raid

The Chancellor is set to continue the income tax thresholds freeze, first introduced in 2022 by Rishi Sunak, until 2029/30

Economics

4 d. ago Brits' pension pots 'could be worth tens of thousands of pounds less' if Rachel Reeves presses ahead with Budget raid

The Chancellor is reportedly planning to limit the amount people can sacrifice from their salaries to put in their pension pots without paying National Insurance.

Economics

4 d. ago 1.3 million Londoners to be hit by stealth income tax with Reeves Budget raid

1.3 million Londoners to be hit by stealth income tax with Reeves Budget raid  London Evening Standard

Economics