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Manufacturing and health sectors boost growth but ONS revises down figures for JulyExclusive: says higher taxes on wealthy ‘part of budget story’Business live – updatesThe UK economy expanded by 0.1% in August, according to official figures, giving a …
Thinktank urges chancellor to take ‘bold’ action on benefits and pensions to placate jittery financial marketsBritain’s leading tax and spending experts have urged Rachel Reeves to consider announcing billions of pounds in welfare cuts in next month’s …
Exclusive: Chancellor hints at rises and calls out past ‘scaremongering’ over VAT on private schools and changes to non-domsRachel Reeves has said higher taxes on the UK’s wealthy will form part of next month’s budget, as she shrugged off the “scaremon…
This blog is now closed, you can read more on this story hereLindsay Hoyle starts by telling MPs that speakers from the parliaments in Fiji and Ukraine are in the gallery. And he says it is four years to the day since David Amess was murdered.It’s PMQs…
Thinktank says UK could raise significant funds by tackling some of the longstanding ‘inefficiency and unfairness’ in tax systemRachel Reeves must avoid “a half-baked dash for revenue” or risk damaging economic growth as the chancellor seeks to close a…
Evoke considering the plans before expected tax increases in budget, with up to 1,500 jobs potentially affectedThe debt-laden company behind William Hill is considering closing up to 200 betting shops if Rachel Reeves’s autumn budget raises taxes on th…
Chancellor hopes to raise enough funds to stop damaging speculation about breaching fiscal rulesRachel Reeves v the OBR: chancellor aims to loosen the watchdog’s gripRachel Reeves is aiming to create more “headroom” against her fiscal rules in November…
Departments told to manage their own cost pressures as finance ministry seeks to curb overuse of contingency fundCabinet ministers have been told they will not be able to use the Treasury reserve to fund public sector pay rises and cannot access it unl…
ONS says public borrowing estimates have been out by £200m-£500m a month since JanuaryBusiness live – latest updatesMistakes in recent public finances data mean government borrowing has been overstated by a cumulative £3bn, the Office for National Stat…
Labour colleagues advise chancellor against string of small money-raising measures, as OBR presents forecastSome of Rachel Reeves’s Labour colleagues have urged her to ditch the party’s manifesto promises rather than risk a “pasty tax” budget that rais…