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Labour says Conservative failures have left UK with ‘low growth, high tax and national debt at the highest level in generations’Rishi Sunak told cabinet this morning that Britons are likely to be among those being held hostage by Hamas.In the Commons y…
Chancellor rules out tax rises and vows to cut spending in autumn statement as borrowing rises up to £30bn more than forecastBusiness live – latest updatesThe chancellor, Jeremy Hunt, has warned that the government will need to take “difficult decision…
Union leaders and MPs on left of party say UK’s finances must be improved by taxing very richestRachel Reeves is under pressure to drop Labour’s blanket opposition to higher taxes on wealth, amid growing alarm within the party over extreme levels of in…
Streaming service manages to increase revenues by 12% despite tough market after raising pricesNetflix added the fewest number of new subscribers last year since launching in the UK a decade ago, as the cost of living crisis and a post-pandemic “reset”…
Exclusive: Labour leader to pledge biggest expansion of devolution since party was last in powerA new Labour government would give all towns and cities in England new powers and funding to boost local economies, deliver thousands of new homes and creat…
Resolution Foundation analysis claims stealth move of freezing tax thresholds will raise £40bn a yearRishi Sunak’s government is responsible for the biggest income tax rise for decades in a stealth move that will raise £40bn a year, according to new an…
Cost of living crisis, rising unemployment and extended NHS waiting times will determine government’s chances in general electionThe economy is doing well and anybody who says differently subscribes to declinism. That was Jeremy Hunt’s message to the C…
Demos says Treasury should create separate spending category to help prioritise measures that prevent problems from arisingGovernment spending on preventative policie from vaccines to family hubs should be significantly increased and the Treasury shoul…
Andy Burnham, Labour mayor of Greater Manchester, says news would be ‘profoundly depressing’In a report last week the Institute for Fiscal Studies said the current parliament was likely to mark “a decisive and permanent shift to a higher-tax economy”.I…
Prime minister says ‘the best tax cut we can give is to cut inflation’ after Michael Gove says taxes should be cut before general electionThe BBC’s Sunday with Laura Kuenssberg is starting. As well as Rishi Sunak, Wes Streeting, the shadow health secre…