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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 …
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…
Speech attempts to take back narrative with talk of ‘years of economic mismanagement’, Brexit and tariffsReeves avoids ruling out tax rises as autumn budget loomsBusiness live – latest updatesThere were two audiences for Rachel Reeves’s hastily arrange…
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…
Michael O’Leary says Rachel Reeves needs tax cuts to create growth, as airline’s profits jump 42% in first halfBusiness live – latest updatesUK politics live – latest updatesThe UK economy is “doomed” under the Labour government, the boss of Ryanair ha…
Critics believe cut would mostly benefit better-off people with larger homes and increase carbon emissionsProposals being considered by Rachel Reeves to cut tax on electricity bills will backfire, experts have warned, resulting in a giveaway to richer…
Plans for ‘settling-up charge’ predicted to raise £2bn and would follow policy in place among most G7 countriesRich people quitting the UK could be required to pay a 20% tax on their business assets as part of plans reportedly being considered by the c…