Finance
788
Rachel Reeves is accused of talking up the ’fiscal challenge’ before announcing £26 billion worth of tax rises
Treasury minister James Murray insists Rachel Reeves has been honest with the public after the Chancellor was accused of misleading the public.
723
Harbour Energy to cut 100 offshore jobs after Windfall tax stays
Last week, Harbour Energy said it was “disappointed with the outcome” after there was no reform to the windfall tax in the UK budget.
679
Starmer scrambles to cut welfare after backlash over ‘Benefits Street Budget
Keir Starmer has been forced into a panicked pledge to try to cut welfare after his "Benefits Street Budget" triggered a fierce backlash and left Rachel Reeves fighting to keep her job.
848
PM backs reeves despite OBR clash over “non-existent” budget gap
The support for the PM seems to be directly conflicting with the Office for Budget Responsibility (OBR), which stated it informed the Chancellor as early as October 31 that there was no longer a deficit in the public finances.
622
252,000 britons left last year as founders lose faith in UK economy
Official figures from the Office for National Statistics released on Thursday showed an estimated 252,000 Britons left the UK in the year to June 2025
900
Rachel Reeves vows not to ‘lose control of public spending’ as she prepares major growth-focused Budget
Rachel Reeves has insisted that she will not ’lose control of public spending’ as she prepares to deliver a crucial Budget she says will help her ’push ahead with the biggest drive for growth in a generation’.
864
Rachel Reeves’ plan to slash cash Isa limit sparks warnings of higher mortgage rates and shrinking savings
Building societies fear consumers will be deterred from saving if the chancellor’s budget announces a 40% reduction
733
UK to slap sugar tax on milkshakes and lattes as government scraps exemption for pre-packaged dairy drinks
Milkshakes and lattes face tax hikes as the government confirmed it is extending the ’sugar tax’.
866
UK could generate £900m a year by keeping and recycling its own plastic waste, report finds
According to research, the UK could eliminate its dependence on exporting plastic waste by 2030, creating 5,400 new jobs and taking responsibility for the environmental impact of its waste.
722
UK government removes luxury cars from Motability scheme as it shifts focus to British-built vehicles
It has been announced that luxury cars will no longer be available for Motability recipients, with the government stating that more money will also be directed to British manufacturers under the new changes.
831
CBI chief warns Rachel Reeves against “death by a thousand taxes” as Budget downgrades force major revenue hunt
Business leaders have urged the Chancellor to impose "one or two broad tax rises, rather than death by a thousand taxes."
691
Rachel Reeves to spend £3bn scrapping two-child benefit cap as Labour prepares sweeping welfare overhaul
Chancellor Rachel Reeves states the government will make a renewed attempt to revamp the welfare system as she prepares to allocate £3 billion in Wednesday’s Budget to abolish the two-child benefit cap.
741
PM declines 12 times to rule out tax rises ahead of next week’s budget
The prime minister has refused to rule out manifesto-breaking tax hikes in next week’s budget while speaking to Sky News’s political editor Beth Rigby.
777
Ofgem price cap rise pushes typical annual bill to £1,758
The Ofgem price cap determines the highest amount you can be charged for the unit rates of gas and electricity, along with the standing charges for being connected to the grid.
724
Government plan could force richer areas to raise council tax
Reports claim that the Government is planning a change that could compel wealthier neighborhoods to increase council tax by depriving them of funding.
740
Prescription fees to stay at £9.90 as government extends price freeze
The price of a single item will remain at £9.90, while three-month and annual pre-payment certificates will also be frozen.
905
Argyll Holidays operator collapses less than four years after £100m sale
A firm which operates eight holiday parks in the west of Scotland has gone into administration.
754
Taxpayers’ Alliance says drinkers pay £200 more a year as alcohol taxes climb
On average, struggling locals are handing over staggering sums to the taxman, according to new data from the Taxpayers’ Alliance.
768
Chancellor Rachel Reeves pledges action as UK inflation slows but food costs climb
The UK inflation rate decreased to 3.6% in the year leading up to October, yet food prices increased once more after a decline in September.
655
Nigel Farage out of step with Reform voters as majority back wealth tax, poll finds
Best for Britain think tank says the figures show Nigel Farage is ’out of step with his base’ on taxation
687
China has invested tens of billions in UK projects, gaining access to military-grade technology
China has financed investment worth tens of billions of pounds in UK businesses and projects this century, some of which provided it access to military-grade technology.
640
Croydon drivers owe over £1.13m in unpaid parking fines as top offenders rack up hundreds of PCNs
Croydon Council is owed more than £1.13 million in unpaid parking fines, with some drivers accumulating hundreds of penalty charge notices (PCNs) without paying a penny.
793
Millionaires leave the UK over rising taxes and end of non-dom rules
Britain’s wealthiest are leaving the country in large numbers and heading to Dubai because the UK’s tax rules have made it an "uncompetitive place to live".
917
Sadiq Khan raises London Congestion Charge and slashes EV discounts
The price increase will start on January 2, and there will be annual increases corresponding to the rise in Tube fares in each following year.
511
Rachel Reeves faces backlash as Budget hike leads to record job cuts
Rachel Reeves’s decision to impose a £25 billion “jobs tax” on employers in last year’s Budget remains her single biggest blunder, and that’s saying something.
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