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Chancellor expected to freeze level at which people start paying income tax for two years rather than putting rates upRachel Reeves will raise £7.5bn from millions of workers by freezing tax thresholds at the budget, after her decision to scrap controv…
Exclusive: Supporters say grants largely going to middle-class households, but experts warn move will slow transition from gas boilersHundreds of thousands of homeowners will lose their right to subsidies for eco-friendly heat pumps as a result of gove…
Stronger finances require a stronger economy, but budget tax rises and spending cuts could squeeze activity further• Business live – latest updates• Economy grew by just 0.1% in third quarter amid hit from JLR cyber-attackRachel Reeves’s autumn budget …
Reading undershoots forecasts, with crippling Jaguar Land Rover hack helping pull September GDP down by 0.1%The UK economy expanded by just 0.1% in the quarter from July to September as the crippling cyber-attack on Jaguar Land Rover hit manufacturing….
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 …
Almost one in five school-leavers in West Midlands town are not in education, employment or training and chancellor is under pressure to deliver promised ‘youth guarantee’It is a rainy day in Dudley and Alex Jones and his friends are taking shelter und…
New deputy leader also calls on government to lift two-child benefit cap urgently and in fullLabour should stand by its manifesto commitment not to raise income tax, national insurance or VAT, its deputy leader, Lucy Powell, has said in a direct challe…
This blog is now closed, you can read more on this story hereReeves says welfare needs to be reformed.There is nothing progressive about refusing to reform a system that is leaving one in eight young people out of education, or employment. I put our pu…
Chancellor to promise ‘fairness and opportunity’ but will not repeat manifesto pledge on tax, after PM’s hint at breachRachel Reeves will lay the groundwork for a tax-raising budget that could break Labour’s election promise on income tax, in a major s…
Nigel Farage promised to set out his fiscal stall in a major speech in the City of London, but what did he actually say? Pippa Crerar and Kiran Stacey discuss Farage’s retreat from its election promise to cut £90bn of taxes, his failure to commit to th…