For over a decade, successive UK governments have sidestepped the thorny issue of raising fuel duty. Despite regular expectations from the Office for Budget Responsibility that rates would increase in
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Rachel Reeves is preparing a potential £4 billion tax raid targeting generous pension perks, with higher earners and large firms likely to bear the brunt. The Chancellor is expected to
Sterling suffered a sharp decline against both the euro and dollar on Wednesday as warnings of tax rises and a deteriorating growth outlook weighed heavily on the UK currency. Traders
Rachel Reeves, the Chancellor, is considering a bold and controversial move that could see Labour breach its 2024 manifesto commitments. Sources inside the Treasury indicate that a 2p rise in
Leading UK supermarket chains have issued a stark warning to Chancellor Rachel Reeves that plans to raise taxes on their sector could result in even higher food prices for households
Councils across the United Kingdom are facing a £4 billion financial black hole, despite an emergency government funding boost last year, according to new findings by Unison, the country’s largest
The Chancellor Rachel Reeves is facing mounting criticism over her approach to the UK’s tax system, with Lord King, former Governor of the Bank of England, warning that her plans
Rachel Reeves, Chancellor of the Exchequer, has been strongly cautioned against the possibility of raising income tax, a move that would not only break Labour’s recent manifesto pledge but could
Chancellor Rachel Reeves is poised to halve the tax-free cash Isa allowance in next month’s Budget, marking a significant shift designed to motivate more UK savers to explore investment in
The UK government’s borrowing costs have hit an 11 month low, offering Chancellor Rachel Reeves a welcome windfall just weeks before the autumn budget. Yields on 10 year government bonds,
The British government has been confronted with a swelling fiscal deficit, prompting renewed debate over the direction of tax and spending policy under Chancellor Rachel Reeves. According to the latest
Sir Tony Blair has called for the United Kingdom’s highest rate of income tax to be cut below 40 per cent, placing him in direct opposition to Sir Keir Starmer
Chancellor of the Exchequer Rachel Reeves has signalled a pivotal shift in UK economic policy ahead of the crucial autumn budget, expected to feature targeted tax increases for the country’s
Ministers are weighing up significant changes to inheritance tax relief for farmers as next month’s budget approaches, following sustained criticism of chancellor Rachel Reeves’ controversial proposals unveiled last year. Farmers
Britain’s hospitality sector faces renewed inflationary pressures as JD Wetherspoons chairman Sir Tim Martin issued a stark warning to the Chancellor regarding proposals for further business tax rises. Sir Tim
The British government could raise up to £45 billion through moderate tax reforms without breaching Labour’s manifesto promises, according to a new analysis by investment bank Morgan Stanley. With Chancellor
