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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…
Ministers hope to secure a deal with the Gulf Cooperation Council that could add £1.6bn to the UK economyRachel Reeves will lead a delegation of senior business leaders to Saudi Arabia on Monday as she hopes to deepen the UK’s relationship with a state…
Households would ‘inevitably feel the impact’ of a surtax on business rates, say retailers in letter to chancellorFood prices in the UK could climb even further if the chancellor raises taxes on supermarkets at the next budget, the industry has warned….
Fabian Society says move ‘best available option’ for chancellor as she seeks to offset impact of weaker economic forecastsThe influential Labour thinktank the Fabian Society is urging Rachel Reeves to raise £12bn in next month’s budget by extending the…
Treasury committee says move in November budget could push up mortgage rates insteadCutting the annual cash Isa allowance will not encourage many savers to switch to shares but could push up mortgage costs, MPs have warned the chancellor.Adults can put…
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…
Rachel Reeves’ criticism of Brexit impact on economy is aimed at leave voters who have changed their minds and younger voters, says analystsRachel Reeves’ decision to pin the blame for the UK’s ailing economy on Brexit a month before a difficult and po…
Chancellor reportedly plans to close tax loophole in budget, after complaints by UK retailers of uneven playing fieldRachel Reeves is reportedly planning to close a tax loophole in her budget next month that allows overseas retailers including Shein an…
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…
Ministers face growing pressure to act amid fresh allegations over prince’s relationship with Jeffrey EpsteinMPs have moved to lodge a parliamentary motion to strip Prince Andrew of his dukedom, in a rarely permitted move in the Commons.The government …