Category: Public finance

Rachel Reeves targets UK’s wealthiest in £26bn tax-raising budget

Chancellor axes two-child benefit cap and cuts energy bills paid for by mansion tax and freezing tax thresholds Analysis: ‘Tax-raising budget crash-lands on struggling economy’Budget 2025: key points at a...

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Rachel Reeves says budget will cut living costs after shock OBR leak

Chancellor unveils action on energy bills, rail fares and end of two-child benefit cap as OBR reveals £26bn tax rises before budget speechBudget 2025 – follow liveHow freezing tax thresholds affects your tax...

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UK government borrows more than expected in setback before budget

October figures represent final snapshot of public finances before Rachel Reeves’s tax and spending statementBusiness live – latest updatesThe UK government borrowed more than expected in October, official figures...

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IFS warns Rachel Reeves against ‘half-baked dash for revenue’

Thinktank says UK could raise significant funds by tackling some of the longstanding ‘inefficiency and unfairness’ in tax systemRachel Reeves must avoid “a half-baked dash for revenue” or risk damaging...

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Rachel Reeves looks for extra headroom in budget to insulate UK economy against bond market

Chancellor hopes to raise enough funds to stop damaging speculation about breaching fiscal rulesRachel Reeves v the OBR: chancellor aims to loosen the watchdog’s gripRachel Reeves is aiming to create more...

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