All news on the topic: Budget

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.

Drivers using electric vehicles (EVs) could face a new pay-per-mile tax in Rachel Reeves’s Budget, according to reports.

The average price of a home in the UK is set to hit £440,000 by 2030, new data has shown.

Chancellor Rachel Reeves has said she will make "necessary choices" in the Budget after the "world has thrown more challenges our way".

Rachel Reeves will make “tough but fair” decisions at the upcoming Budget, Sir Keir Starmer has told Labour MPs amid mounting speculation of a potential hike to income tax.

Business Secretary Peter Kyle has pledged his support for British industries with an announcement of £420 million energy savings but declined to comment on whether they would face tax rises in the upcoming Budget.

People with disabilities are "deeply concerned" that they might experience financial difficulties due to speculation that Chancellor Rachel Reeves might announce changes to the Motability car-lease scheme in the upcoming Budget next month.

Keir Starmer seems to have avoided significant political harm from potentially losing his chancellor weeks before the budget, following 24 hours of intense scrutiny over whether Rachel Reeves broke the law by renting out her family home.

Brexit is partly responsible for high inflation in the UK, according to Rachel Reeves, as she advocated for rebuilding ties with the EU.

London’s famous distilleries have warned they are being “crushed” by Government tax hikes.

Rachel Reeves is reportedly preparing to launch a £2 billion tax raid on high-earning lawyers, family doctors, and accountants.

Rachel Reeves is considering raising income tax in the Budget despite Labour’s manifesto pledge to leave it untouched, reports claim.

Rachel Reeves was planning another tax raid on the middle classes last night – despite warnings she needs to cut state spending to prevent the economy from ’spiraling out of control’.

Labour has been urged to break a manifesto pledge to scrap youth rates of the minimum wage amid a dramatic rise in the number of young people out of work and education.

Rachel Reeves has faced another significant setback ahead of next month’s crucial Budget as the International Monetary Fund (IMF) warned that inflation will rise to the highest level in the G7 in 2025 and 2026.

British finance minister Rachel Reeves plans to build up a bigger buffer against her main fiscal rule at next month’s budget in an effort to better insulate government finances from future shocks, the Sunday Telegraph reported.

On Monday, the Chancellor insisted she will uphold her pledge not to raise taxes on “working people” in her upcoming Budget, but left the possibility open for changing VAT rules to enhance Treasury funds.

Rachel Reeves is formulating plans to lower household energy bills as part of an economic overhaul.

Lecturers and other staff at the University of Edinburgh are set to begin a five-day walkout in a dispute over plans to cut £140 million from the university’s budget.

Rachel Reeves has announced the latest possible date for her second Budget in an effort to salvage Britain’s dire public finances.

Chancellor Rachel Reeves is arranging a ’stealth tax raid’ on workers in the upcoming budget as she aims to address a £50 billion shortfall in public finances, according to a report.

Sir Keir Starmer has defended the Government’s stewardship of the economy amid warnings that taxes will need to rise in the autumn to plug a £51 billion black hole in the public finances.

’The jobs tax is far more than small beer,’ warns the Shadow Chancellor

Ministers are exploring options to reduce child poverty without completely eliminating the rule.