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Chancellor understood to be preparing to fully reverse measure, which would cost over £3bn but could lift 350,000 children out of povertyRachel Reeves is planning to remove the two-child benefit cap in full in the November budget, in a move that could …
Chancellor interviewed on Radio 5 Live and says it’s unfair to penalise children in bigger families. This live blog is closedReeves signals plan to remove two-child benefit cap in budgetFarage said the problems facing small businesses were not a failur…
Energy firms and charities urge chancellor to avoid short-term fix that could also harm low-income householdsRachel Reeves has been told that cutting funding for home insulation at the budget would risk the UK’s climate goals and hurt low-income househ…
Policymakers keep borrowing costs at 4% before crucial budget while also warning of persistent weak growthAnalysis: Bank of England’s decision to keep interest rates at 4% is not all doom and gloomThe Bank of England has opened the door to a December i…
UK bank shares rise after reports, with chancellor wanting sector to remain competitive to help economic growthThe chancellor has decided against increasing taxes on banks in this month’s budget, according to reports, which sent UK bank shares higher o…
Boss of supermarket urges Rachel Reeves not to fuel inflation with tax rises on retailers and suppliersThe boss of Sainsbury’s has urged Rachel Reeves not to fuel inflation with tax rises on retailers and their suppliers and says shoppers are delaying …
EV drivers would face 3p-a-mile charge on top of other road taxes to offset falling revenue from petrol and diesel cars Rachel Reeves is drawing up plans for a new pay-per-mile tax for electric vehicles to announce in this month’s budget worth an extra…
Police say Brahim Kaddour-Cherif is believed to have links to Tower Hamlets and is also known to frequent the Westminster areaDavid Lammy starts by saying the PM is in Brazil.He says the thoughts of all MPs are still with the victims of the appalling …
Stuart Machin says shoppers are concerned about rising costs after chancellor failed to rule out manifesto-breaking tax risesBusiness live – latest updatesThe boss of Marks & Spencer has said Rachel Reeves has made his customers “more worried” abou…
Coalition says ‘arbitrary and nonsensical’ rules are penalising work and discouraging investmentThinktanks from across the political spectrum are urging Rachel Reeves to use this month’s budget to overhaul the “broken” tax system, including abolishing …