10 h. ago UK growth facing headwinds from tax hikes and spending cuts – OECD

The OECD said growth will slow to 1.2% next year, before edging up to 1.3% in 2027, with ‘substantial’ downside risks from fiscal tightening.

Economics

7 d. ago Fury at 5m Brits paid NOT to work – as Reeves’s Budget will make 10m pensioners pay income tax

FIVE million people are now on benefits with no requirement to work — as Rachel Reeves gets ready to hike taxes to pay for even more welfare spending. The revelation ahead of tomorrow’s Budget sparked claims that Britain is in the grips of a welfare “crisis”. While benefits spiral, it emerged 10 million pensioners could...

Economics

8 d. ago Two thirds of voters want Reeves to cut spending rather than hike taxes in Budget

Sir Keir and his chancellor Rachel Reeves are facing a make-or-break Budget this week, with the chancellor expected to increase taxes to plug the gaps in the public finances

Economics

8 d. ago People are leaving Britain in droves, we face a 'growth emergency' and Labour's tax bonanza IS driving wealth out of Britain, admits Business Secretary

Business Secretary Peter Kyle said he would not 'duck' the impact of the higher tax burden and decision to abolish non-dom status.

Economics

8 d. ago Shock news for Reeves over ‘growth emergency’ days before make

Rachel Reeves arrived in the Treasury with a ‘number 1 mission’ of producing economic growth - but two days before her second Budget she faces warnings that it will be downgraded

Events

8 d. ago Warning over UK ‘growth emergency’ just days before Reeves’ make

Rachel Reeves arrived in the Treasury with a ‘number 1 mission’ of producing economic growth - but two days before her second Budget she faces warnings that it will be downgraded

Events

8 d. ago Reeves faces economic ‘growth emergency’ ahead of make or break Budget

Rachel Reeves arrived in the Treasury with a ‘number 1 mission’ of producing economic growth, but two days before her second Budget she faces warnings that it will be downgraded

Economics

8 d. ago Reeves given stark Budget warning from business to avoid ‘death by a thousand taxes’

CBI director general Rain Newton-Smith will tell the chancellor that if her priority is growth, she needs to prove it or the country faces ‘Groundhog Day’

Events

4 w. ago SNP ministers may be forced to slash public spending or hike taxes due to UK Budget 'hard choices'

The Fraser of Allander Institute estimated a 2p rise in UK income tax could cut Holyrood’s budget by £1 billion due to the fiscal arrangements between Holyrood and Westminster.

Politics