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Chancellor may have to reconsider pledge not to raise taxes in light of ‘risky and changing world’, thinktank saysPensioners and wealthy people could be the target of tax increases at Rachel Reeves’s autumn budget if the drastically worsening economic …
Institute for Fiscal Studies also warns Reeves over her focus on sticking with fiscal rules regardless of real world eventsIn an interview with ITV’s Good Morning Britain, Rachel Reeves, the chancellor, said she would not accept free tickets for concer…
Chancellor is expected to announce further welfare cuts when she outlines departmental spending plansRachel Reeves will not be raising taxes in the spring statement today, even though there are many people on the left who would prefer taxes to rise as …
Government accused of increasing retailers’ NI contributions and business rates but aiming to cut tax for big techBusiness live – latest updatesThe owner of B&Q has called on Rachel Reeves to reconsider planned tax increases for retailers before We…
Prominent campaigner says Elon Musk’s platform qualifies for the levy, which is on the block in negotiationsElon Musk’s X stands to benefit financially if the government pulls an £800m tax on US tech firms as part of an economic deal with Donald Trump,…
Downing Street says PM focusing on ‘bringing durable peace in Ukraine’ after Steve Witkoff’s commentsThere have been a lot of claims recently, in the rightwing papers and on social media, that the government is wasting a fortune on expensive cars for d…
‘You can’t cut your way to growth,’ says PCS head as Reeves confirms move to cut administrative costs by 15% by 2030Rachel Reeves’s planned cuts of £2bn to government departments will hit frontline services from jobcentres to HMRC phone lines and effor…
Labour MP and Lib Dem leader express concern social media companies could be let off hook just as benefits are cutKeir Starmer has been warned against “appeasing” Donald Trump as he considers reducing a major tax for US tech companies while cutting dis…
Keir Starmer has been dealt a fresh blow to his living standards pledge in advance of the spring statementLiving standards for all UK families are set to fall by 2030, with those on the lowest incomes declining twice as fast as middle and high earners,…
Despite the decision to hold at 4.5%, businesses and households can take a confident view of the UK’s prospectsBank of England says companies freezing hiring plans as it keeps interest rates on holdBusiness live – latest updatesBank of England policyma…