Rachel Reeves, the Chancellor, is weighing up whether to reduce the limit on the tax-free pension lump sum as she grapples with a public finance gap estimated at up to
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Ithaca Energy, the leading North Sea oil and gas operator, has lifted its production forecasts for the second time this year while confirming it remains on course to return $500
Rachel Reeves, the Chancellor, is exploring plans that would see owners of high-value residential properties facing a new capital gains tax when they sell their homes. This move, designed to
Senior Treasury officials are evaluating ambitious plans to replace stamp duty with a national property tax targeting homes sold for more than £500000. The proposal, being scrutinised ahead of this
Britain’s local authorities are grappling with soaring debt, with almost £1 in every £5 raised in council tax now allocated to servicing interest payments. New figures reveal that councils collectively
Fresh claims of a mass departure by wealthy non-domiciled residents in response to recent tax changes may be exaggerated, as new reports suggest their numbers align closely with government forecasts.
The Treasury is actively reviewing reforms to inheritance tax (IHT) in an effort to close a significant gap in the nation’s public finances ahead of the upcoming autumn budget. With
More British investors than ever are finding themselves liable for dividend tax as persistent cuts to the tax-free allowance pull millions into HM Revenue & Customs’ net. Fresh figures from
Sir Keir Starmer has refused to categorically rule out income tax or national insurance rises ahead of the next budget, as economic forecasts warn of a substantial shortfall in the
Britain’s leading retailers have cautioned that further tax rises in the upcoming autumn budget may force shops to increase prices, deepening the pressure on household finances and threatening more job
The chief executive of Barclays has cautioned Chancellor Rachel Reeves against increasing taxes on British businesses, arguing that such measures could undermine ambitions to boost the UK’s economic growth. CS
Britain stands at a potential turning point in its approach to wealth and fairness. A group of leading economists, including renowned French authority on inequality Thomas Piketty and Indian development
Almost 50000 British companies are teetering on the edge as higher taxes and global economic instability intensify pressure across the economy Begbies Traynor’s latest Red Flag Alert report shows the
British consumer confidence faltered this July amid mounting expectations that Rachel Reeves may introduce further tax increases in the coming autumn budget. The widely monitored GfK consumer confidence index declined
Chancellor Rachel Reeves is under mounting pressure as she navigates a complex economic landscape. Her recent remarks have ignited debates surrounding potential tax increases and the looming threat of capital
Hundreds of thousands of British savers are undergoing a radical shift in how they earn and spend their money, and the driving force is tax. As income tax thresholds remain