5 h. 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

5 h. 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

5 h. 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

5 h. 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

5 h. ago I expected the Budget to be bad... now, I fear it will be a horror that will devastate households across Britain. These are the tax rises coming

This month's Budget is going to be awful for households up and down the country.

Economics

6 h. ago Budget: Pound plummets after Reeves hints at tax rises – but government bonds rally

The chancellor refused to rule out tax hikes and said the upcoming Budget will focus on lowering inflation

Politics

7 h. ago Rachel Reeves puts UK on notice that tax rises are on the way with Brexit and Trump blamed

Rachel Reeves could become the first UK Chancellor in 50 years to rip up a manifesto commitment not to increase income tax.

Politics

8 h. ago Rachel Reeves speech latest: Pound plummets as chancellor signals income tax hikes in Budget

Chancellor breaks cover to set out Budget priorities in unusual move

Economics

8 h. ago Rachel Reeves speech LIVE: Chancellor accused of 'waffle bomb' as she rolls ground for Budget tax rises

Rachel Reeves has said the Budget will focus on ‘getting inflation falling’ and ‘creating the conditions for interest rate cuts’

Economics

9 h. ago Rachel Reeves' tax rises could be the making or death of the UK Government

Raising taxes could be what saves this government - but a lack of delivery will only help Reform UK.

Politics

9 h. ago See how much Income Tax hike could cost YOU as Reeves refuses to rule out rises

You currently pay the basic 20% rate of Income Tax when you earn above £12,570, then the higher rate of 40% income tax kicks in on earnings above £50,270

Economics

9 h. ago Voices: Income tax rises or fairer reforms? Join The Independent Debate on the Budget choices facing Rachel Reeves

As Rachel Reeves prepares her first Budget and warns of ‘painful decisions’ ahead, debate is growing over whether she should raise taxes to fix the public finances or find fairer, alternative ways to boost revenue. Now it’s time to have your say...

Economics

9 h. ago Rachel Reeves speech live: Chancellor refuses to rule out hiking income tax, VAT or National Insurance in Budget

Chancellor breaks cover to set out Budget priorities in unusual move

Economics

9 h. ago Reeves refuses to say she will stick to manifesto pledge on tax rises and insists she must face world ‘as it is’ – UK politics live

Chancellor says she is focused on priorities for British people in pre-budget speech laying ground for expected tax risesBusiness live: UK borrowing costs fall and pound hits six-month lowReeves says welfare needs to be reformed.There is nothing progressive about refusing to reform a system that is leaving one in eight young people out of education, or employment. I put our public finances back on a firm footing, provided an urgent cash injection into a faltering public services and began rebuilding our economy.But since that budget, the world has thrown even more challenges our way. Continue reading...

Politics

9 h. ago Rachel Reeves lays the ground for tax rises as Chancellor admits 'necessary choices' are coming in Budget: Live updates

LIVE UPDATES: Follow the latest as Chancellor Rachel Reeves uses an early morning speech in Downing Street to address 'speculation' about the contents of her November 26 Budget.

Economics

9 h. 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

9 h. ago Rachel Reeves refuses to rule out painful tax rises as she warns of 'necessary choices'

In a rare speech three weeks before the event, the Chancellor warns of the need for "hard choices" and the "unsustainability" of the public finances ahead of the much-anticipated Autumn Budget

Events

10 h. ago POLL OF THE DAY: Who do you blame for the forthcoming tax rises?

Britain is bracing for a fresh wave of tax rises after Chancellor Rachel Reeves signalled that her upcoming Budget would include sweeping measures to plug a major gap in public finances.

Politics

10 h. ago Rachel Reeves warns EVERYONE faces tax hikes as she paves way for manifesto

Chancellor Rachel Reeves talked up the need to 'invest' as she took the highly unusual step of teeing up her fiscal package with a speech in Downing Street .

Events

10 h. ago Rachel Reeves refuses to rule out tax rises in 'unusual' pre

The Chancellor set out her priorities in an unusual speech

Politics