9 h. ago When will Brits discover if they face Rachel Reeves tax rises after DWP and PIP u

After partially reversing the cuts to the Winter Fuel Allowance and then agreeing to an inquiry into the grooming gangs having previously said there was no need, Keir Starmer pulls a third U-turn

Politics

14 h. ago This British Tycoon is Leaving UK Because of Rachel Reeve's Tax Raid

This British Tycoon is Leaving UK Because of Rachel Reeve's Tax Raid  International Business Times UK

Politics

15 h. ago The tax hikes Rachel Reeves could impose to plug the benefits U

Britons are on high alert for further tax hikes after Starmer's latest U-turn on proposed changes to benefits.

Politics

16 h. ago Reeves 'set to raise taxes' to fund Starmer benefits surrender: PM says he is 'pleased' after Labour revolt forces guarantee that NO

Keir Starmer claimed he had 'listened' in making major concessions to rebels threatening to kill flagship legislation on health and disability benefits.

Economics

23 h. ago Reeves 'set to raise taxes' to fund Starmer benefits surrender that will not strip ANYONE of their handouts and blows another hole in UK finances

Keir Starmer has handed major concessions to rebels in a desperate bid to salvage flagship legislation on health and disability benefits.

Economics

33 h. ago Starmer ‘agrees’ concessions with welfare cut rebels as he faces huge revolt

Economists warn tax rises could be needed to fund a U-Turn on Sir Keir Starmer’s £5bn welfare reforms as PM opens door to concessions

Politics

37 h. ago Tax rise warning as Starmer in talks on concessions with welfare cut rebels as he faces huge revolt

Economists warn tax rises could be needed to fund a U-Turn on Sir Keir Starmer’s £5bn welfare reforms as PM opens door to concessions

Events

43 h. ago Keir Starmer admits government has ‘asked a lot’ of business, and defends employment rights bill – business live

PM tells BCC conference businesses have made a ‘huge difference’, following the tax rises in the last budgetFull story: Shell has ‘no intention’ of making offer to buy BP after £60bn takeover rumoursStarmer then tells the BCC conference that the spending review earlier this month is a “clear shift” towards investing in the future of the UK, not simply tackling the promises it inherited.Starmer says his administration have “wiped the slate clean”, stabilized the economy, and can now move onto building a fairer Britain, with change and renewal.‘I fully acknowledge that this year, as we’ve had to fix the foundations of our country, [and] deal with the unprecedented mess that we inherited, we’ve asked a lot of you.I understand that, and I want to acknowledge that.They are all vital for the long-term growth of our country. But none of that would have been possible without your contribution. Continue reading...

Politics

3 d. ago UK forecast to suffer world's biggest exodus of millionaires in 2025

The UAE will see the biggest influx of millionaires this year followed by the USA and Italy

Politics

8 d. ago Reeves promised oil industry ‘quid pro quo’ over windfall tax in private meeting

Government accused of making ‘secret exchange deal’ with fossil fuel companies to compensate for tax hikeThe chancellor, Rachel Reeves, told a fossil fuel company the industry would receive a “quid pro quo” in return for higher taxes on its windfall profits, it can be revealed.In a meeting with the Norwegian state energy company Equinor on 27 August, Reeves suggested that the government’s carbon capture, usage and storage (CCUS) subsidies were a payoff for oil firms being hit with a higher tax rate. Continue reading...

Economics

1 week ago Brits braced for tax rises as two thirds fear Rachel Reeves will need to hammer the public and firms or up borrowing to pay for Spending Review

Two thirds of voters (67 per cent) believe that the Chancellor's plans set out last week mean she will either hit them in the pocket or increase borrowing.

Economics

1 week ago Treasury 'already drawing up tax rises for the Autumn' as grim poll shows just a fifth of Brits say Rachel Reeves had priorities right in Spending Review

Dividends and bank profits are among the areas being mooted for drumming up revenue to balance the books.

Economics

2 w. ago Tax hikes will force retailers to push up prices, cut jobs and halt shop openings retail chief warns Rachel Reeves

The latest alert was issued by Andy Higginson, the chairman of JD Sports and the British Retail Consortium industry group.

Events

2 w. ago Tories demand OBR steps in to scrutinise Rachel Reeves' spending plans amid alarm that her sums don't add up without tax hikes

Conservative MP Gareth Davies, the shadow financial secretary to the Treasury, called for the watchdog to assess Chancellor Rachel Reeves' proposals.

Economics

2 w. ago Rachel Reeves hit with headache after economy shrinks amid fresh fears of tax hikes

The Office for National Statistics said the UK economy shrank by 0.3% in April. Meanwhile, experts are warning that council tax bills will rise following Chancellor Rachel Reeves's spending review

Economics

2 w. ago Poorest Brits to benefit most from Rachel Reeves's Spending Review

The poorest Brits will benefit most from Rachel Reeves’s public sector spending spree but tax rises look likely in the autumn, think tank the Resolution Foundation has said

Politics

2 w. ago Britain on track to become a ‘National Health State’, says thinktank

Resolution Foundation says half of all public spending will be allocated to the NHS and social care by the end of the decadeBusiness live – latest updatesBritain is on track to become a “National Health State” where half of all public spending is allocated to the NHS and social care by the end of the decade, according to a leading thinktank.Rachel Reeves used her spending review on Wednesday to prioritise billions of pounds for the NHS as she outlined Labour’s priorities up to the next general election, while squeezing funding for other areas. Continue reading...

Events

2 w. ago Tax rises will come if economy shrinks further, IFS warns Rachel Reeves after Spending Review

The Spending Review delivered by Chancellor Rachel Reeves has had a mixed response.

Events

2 w. ago How much could YOUR council tax be going up? The pain looming for households as they face the 'fastest bill rises in 20 years' under Rachel Reeves' plans

As part of the Chancellor's spending plans, the Treasury suggested that local authorities would hike bills by 4.99 per cent a year for the rest of this Parliament.

Economics

2 w. ago Tax rises 'almost inevitable' as IFS torches Rachel Reeves' spending plans warning NHS and defence will need topping up and cost

IFS director Paul Johnson said he would be 'very surprised indeed' if heath and defence funding did not need topping up before the next election.

Events