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Anneliese Dodds urges government not to duck ‘big decisions’ in autumn budgetUK politics live – latest updatesThe Treasury should consider a wealth tax to close the growing gap in the public finances, according to a Labour former shadow chancellor.Anne…
Georges Elhedery’s comments come amid speculation the chancellor could make such a move in autumn budgetBusiness live – latest updatesThe boss of HSBC has joined a growing chorus of bankers cautioning Rachel Reeves against increasing taxes on banks in …
PM could raise ‘tens of billions’ while positioning Britain as progressive, say Thomas Piketty and othersBusiness live – latest updatesKeir Starmer and Rachel Reeves have been urged by a group of the world’s leading economists to use the autumn budget …
Exclusive: Lobbyists meet with ministers, and host a darts night with Labour advisers and MPs’ staffGambling lobbyists are staging a summer charm offensive designed to stop ministers from raising taxes on the sector, the Guardian has learned, including…
Chancellor is advised to give herself more leeway in the next budget before adjusting taxation or spendingThe International Monetary Fund has urged Rachel Reeves to consider ending the pensions triple lock and charging for NHS treatment as it said the …
Charlie Nunn says higher taxation would be inconsistent with chancellor’s drive for growthBusiness live – updatesThe boss of Britain’s largest mortgage lender has warned Rachel Reeves that increasing taxes on banks in her autumn budget would damage Lab…
Chancellor under pressure to recruit new experts as John Van Reenen and Anna Valero return to academia Business live – latest updatesIn the run-up to her crunch autumn budget, Rachel Reeves will seek to recruit a heavyweight economic adviser after the…
Report comes as government faces growing demands for wealth tax to improve health of public finances after welfare U-turn earlier this monthHM Revenue and Customs has been sharply criticised by parliament’s spending watchdog for being unable to track h…
Growing number of campaigners urge government to ensure green investment is not done ‘on backs of the poor’What is a wealth tax and would it work in the UK?A growing number of climate groups are campaigning for the introduction of a wealth tax to ensur…
It would be popular and could raise big money, but some fear it would be costly to administer and drive the rich awayClimate groups call for UK wealth tax to make super-rich fund sustainable economyA wealth tax is an annual levy on an individual’s tota…