1 week ago Chancellor Rachel Reeves 'ditches plan to increase income tax' in upcoming Budget, reports say

Chancellor Rachel Reeves makes a U-Turn on decision to increase income tax to fill 'fiscal black hole' spending gap as plan breaks Labour's manifesto pledge

Economics

1 week ago Rachel Reeves to abandon plans to raise income tax rates in budget

Labour had laid the ground to break a manifesto pledge on taxes for working people but has now made a U-turnRachel Reeves is set to abandon a plan to raise income tax in her budget with the chancellor reportedly “ripping up” the main measures in the wake of turmoil in the party.A source told the Guardian that plans to break the manifesto pledge on income tax had been ditched by the prime minister, Keir Starmer, and the chancellor. Continue reading...

Economics

2 w. ago Labour's flagship manifesto pledge on tax to be ripped up, Reeves makes clear ahead of Budget

The Chancellor said sticking to Labour’s manifesto commitments would mean ‘deep cuts’ to capital spending, something she indicated she will not do

Economics

2 w. ago Rachel Reeves gives strongest sign yet she WILL break Labour's manifesto vows on tax at Budget

Chancellor Rachel Reeves suggested the only way she could keep the promises not to increase income tax, national insurance or VAT was to cut investment - something she has ruled out.

Economics

2 w. ago Almost 9million pensioners to be hit by Rachel Reeves's income tax raid as Chancellor 'tells Budget watchdog she will break Labour's manifesto pledge'

The Chancellor has paved the way for fresh levy hikes later this month after she used a Downing Street speech on Tuesday to warn Britons: 'Each of us must do our bit.'

Economics

2 w. ago Almost 9million pensioners to be hit by Rachel Reeves' income tax raid as Chancellor 'tells Budget watchdog she will break Labour's manifesto pledge'

The Chancellor has paved the way for fresh levy hikes later this month after she used a Downing Street speech on Tuesday to warn Britons: 'Each of us must do our bit.'

Economics

2 w. ago Labour must stick to manifesto pledge not to raise key taxes, Lucy Powell says

The new deputy leader’s intervention could cause a headache for Chancellor Rachel Reeves, who has rolled the pitch for higher taxes at her Budget.

Politics

2 w. ago Labour MPs turn on Rachel Reeves as Chancellor hints at breaking manifesto pledge not to raise income tax

The Chancellor hinted this week that she is considering a manifesto-busting rise in income tax as she grapples with a black hole in the public finances estimated at up to £30 billion.

Politics

2 w. ago George Osborne issues stark warning to Reeves over tax hikes

The former chancellor described the government as ‘constrained by its promise’ after Labour’s general election manifesto pledged to not increase VAT, national insurance or income tax

Events

2 w. ago Threat of income tax rise grows as Rachel Reeves gives clear sign she will break Labour manifesto pledge

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Events

2 w. ago Rachel Reeves speech latest: Chancellor has ‘no regrets’ if Labour breaks promise not to raise taxes in Budget

In recent weeks No 10 has repeatedly refused to re-commit to Labour’s manifesto pledges

Economics

2 w. ago Rachel Reeves speech latest: Chancellor has ‘no regrets’ if Labour break promise not to raise taxes in Budget

In recent weeks No 10 has repeatedly refused to re-commit to Labour’s manifesto pledges

Economics

3 w. ago Income tax fears rise as Rachel Reeves gives clear sign she will break Labour manifesto pledge

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Politics

3 w. ago Reeves prepares ground for tax rises with call for ‘all’ to contribute

Chancellor repeatedly refused to recommit to Labour’s manifesto pledges

Politics

3 w. ago Reeves to promise ‘fairness’ in Budget as income tax hike speculation mounts

No 10 repeatedly refused to say whether Labour’s manifesto pledge not to raise income tax still stands.

Economics

3 w. ago Keir Starmer REFUSES to rule out breaking Labour's manifesto pledge on tax rises as PM fuels fears of huge Budget raid on workers

The Prime Minister failed to commit to keeping his pre-election vow to not increase National Insurance, income tax, or VAT .

Economics

3 w. ago £50BILLION black hole misery for Reeves: Productivity downgrade blow to Chancellor

The Chancellor is now increasingly likely to have to break Labour 's manifesto pledge not to put up income tax, National Insurance or VAT, said experts.

Economics