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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…
Exclusive: Chancellor hopes to save up to £170 from average bill but industry insiders say move would be ‘disastrous’Prospect of breaking 50-year income tax taboo shows scale of Reeves’s challengeRachel Reeves is considering slashing funding for more e…
London mayor says government should stay true to its beliefs and face down those who claim net zero adds to cost of livingKeir Starmer’s government has shown a lack confidence that it has the answers to the country’s problems, the mayor of London has s…
Amid talk of property taxes, average price of home rose by 0.3% in October to £272,226, Nationwide saysBusiness live – latest updatesBritish house price growth slowed in October, according to lending data, with analysts suggesting that buyers are “sitt…
Five ways the chancellor could mitigate a UK inflation rate that is harming households – and Labour’s vote shareUK politics live – latest updatesAfter more than three years of the cost of living crisis, Rachel Reeves is well aware of the harm inflation…
CEO says fiscal discipline should be balanced with ‘policies that create stability, consistency and support growth’NatWest Group’s chief executive has warned the government against increasing taxes on banks in the autumn budget, as the high street lend…
Annual September rate confounds forecasts of a rise, as pace of food price growth slows for first time since MarchAnalysis: Signs of peak inflation open door to earlier Bank of England interest rate cutsUK inflation was unchanged last month at 3.8%, co…
Rachel Reeves understood to be eyeing cuts to Motability scheme as she tries to plug hole in country’s financesRachel Reeves has said she “can’t leave welfare untouched” this parliament, with the Treasury understood to be considering axing up to £1bn i…