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Chancellor says system has to be ‘mix of carrot and stick’ with more assistance to help people find jobsThe UK’s welfare budget could be cut to pave the way for Tory tax cuts, the chancellor has said ahead of the party’s annual conference in Mancheste…
Exclusive: Report by aid campaign One finds costs now take up nearly a third of the official aid budgetThe UK is spending 40% a person more than any other European country on housing asylum seekers with the costs taking up nearly a third of the officia…
Andrew Griffith says government will stick to spending proposals despite growing clamour to cut taxesA senior Treasury minister has defended the government’s tax plans after a report warned British households were facing the biggest rise on record.And…
Thinktank says Tories have overseen the biggest increase in taxes during a parliament since records began in 1951UK households are facing an average tax rise of £3,500 a year by the next election, the country’s leading economics thinktank has said – th…
Thinktank carried out analysis as calls mount among Tory MPs for the tax to be abolishedScrapping inheritance tax would cost the government almost £15bn a year in lost revenue by 2032, according to analysis by the Institute for Fiscal Studies that foll…
Lib Dem leader says party will target Conservative voters and use energy firms’ profits and banks’ tax breaks to fund NHSEd Davey has ruled out the Liberal Democrats seeking tax rises on even the richest individuals amid ongoing efforts by his party to…
Shadow chancellor says proposals would act as ‘fiscal lock’ to prevent turmoil of ill-fated mini-budgetMinisters would have to consult the official watchdog on major tax and spending changes under Labour plans that would prevent a repeat of Liz Truss’s…
Former prime minister to make remarks in speech on Monday almost a year since mini-budget that led to her downfallLiz Truss will blame the UK’s economic problems on “25 years of economic consensus” as she doubles down on the policy proposals that helpe…
Former PM set to give speech defending her time in charge and explaining spending decisionsLiz Truss will claim that Rishi Sunak’s government has spent £35bn more than she would have as prime minister, in a speech on Monday.The short-lived prime minist…
No extra money for childcare revolution as policies on areas from green economy to immigration are set outLabour has put “stable public finances and prudent spending” at the heart of its offer for the 2024 manifesto, pledging iron discipline on how new…