Decisions Spending Tax

Reeves eyeing £40bn in tax rises and spending cuts

Filling the £22bn financial "black hole" would only be enough “to keep public services" still, she told a meeting.

Chris Mason: A change-making Budget and a moment of jeopardy

The government's fate will depend on whether it can make things better, says political editor Chris Mason.

Workers warned Budget tax rises will hit their wages

Economists say tax rises in the Budget will mean employers have less to give as pay rises.

Reeves aims to close £40bn funding gap as she plans tax rises in Budget

Figure is significantly more than the £22bn fiscal hole the government previously identified

Business - Financial Times - October 15

Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

British Treasury chief Rachel Reeves says taxes will rise by $52 billion to plug a hole in the public finances and provide new funding for the U.K.‘s cash-starved public services, as she announced ...

World - ABC News - October 30

Rachel Reeves goes back to the future with a tax and spend budget

Chancellor heeds calls long made on the left for spending to match other European countries with rise of £70bn a year. Autumn budget live – latest updates Budget 2024: key points at a ...

World - The Guardian - October 30

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Taxes rise as chancellor delivers the first Labour budget since 2010

Business - Financial Times - October 30

Rachel Reeves defiant after historic tax and spend Budget

Verdict of markets will be critical for UK chancellor’s plans to increase government borrowing

Business - Financial Times - November 1

Hidden behind the budget is a terrible bombshell: billions in cuts for disabled people | Frances Ryan

The DWP confirms that draconian ‘savings’ are coming down the track. Are we a nation that will repair hospitals, but not help a nurse with long Covid?. In the days after the budget, the headlines ...

World - The Guardian - 3 days ago

Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools

Chancellor announces changes to employers’ national insurance contributions, inheritance tax, capital gains tax and other duties. Budget 2024: key points at a glance Full report: Reeves raises ...

World - The Guardian - October 30

'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year

If the thought of holiday spending makes you wince, you're not alone. Only one group can easily afford this year's costs, a survey found.

Business - CNBC - October 30

IMF hails Reeves’ ‘sustainable’ tax rises; Resolution Foundation says budget marks ‘decisive shift from planned cuts’ – business live

Foundation says there will be better funded public services in schools, NHS and justice but households face further squeeze. And a few more – Resolution Foundation analysis:. Tax and benefit ...

World - The Guardian - October 31

FirstFT: US consumers continue to spend, spend, spend

Also in today’s newsletter, North Korea fires its longest-ever test missile, and the activists ready to challenge the election result

World - Financial Times - October 31

FirstFT: Decision day in America

Also in today’s newsletter, Boeing workers vote to end strike and Ukraine encounters first North Korean troops on the battlefield

World - Financial Times - 3 days ago

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

The former president has repeatedly praised a period in American history when there was no income tax, and the country relied on tariffs to fund the government.

Business - The New York Times - October 24

Goodbye to low-tax Britain

One does not need to subscribe to hyperbolic Tory rhetoric to recognise that this Budget heralded a major shift

Business - Financial Times - October 30

Debt rule to change to fund major projects

Government claims the move contrasts with former PM Liz Truss's controversial mini-Budget.

Cabinet fightback: the revolt over spending

Plus, the English justice system in crisis

World - Financial Times - October 18

To keep or not to keep - Buttler's big decision

BBC Sport analyses the positives and negatives on whether England captain Jos Buttler should give up the wicketkeeping gloves in white-ball cricket.

The OBR’s mean decision on quantitative tightening

About that headroom…

World - Financial Times - October 30

The 2 decisions that crushed Harris’s momentum

There is not a single Democrat I speak with who believes Vice President Kamala Harris will win.

Politics - The Hill - 6 days ago

These two ‘low tax’ states are getting socked with fast-rising property taxes

Nationally, property taxes in major cities have gone up 30% since 2019, according to a new Redfin analysis.

Business - MarketWatch - October 29

Here's how Harris and Trump's tax plans would impact your taxes

Harris and Trump both have proposed historically large tax overhauls. Here's what to know.

Inheritance tax increases expected in Budget

It is not known how many people are likely to end up paying more under the government's plan.

Who has to pay inheritance tax?

Inheritance tax is again creating political debate so how does it work and who pays?

Capital gains tax: a short history

Since its beginnings in 1965, many UK chancellors have sought to reform the levy as a means of spurring economic growth

World - Financial Times - October 19

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Markets unsettled by extent of government borrowing as Rachel Reeves boosts spending

Business - Financial Times - October 30

Why it’s hard to box in the wealthy on tax

Budget measures and missed opportunities show difficulty of raising large sums from highly mobile executives

World - Financial Times - October 30

Companies curb UK advertising spending ahead of the Budget

Marketing budgets fail to grow for the first time in 14 quarters, trade body finds

Business - Financial Times - October 16

Ministers complain to Starmer over spending cuts

Some Cabinet members are alarmed at the scale of cuts being sought to plug a rumoured £40bn gap.

Latest in Decisions Spending Tax

Reeves eyeing £40bn in tax rises and spending cuts

Chris Mason: A change-making Budget and a moment of jeopardy

Workers warned Budget tax rises will hit their wages

Reeves aims to close £40bn funding gap as she plans tax rises in Budget

Taxes, spending and borrowing all higher as the new Labour government seeks to 'rebuild' the UK

Rachel Reeves goes back to the future with a tax and spend budget

UK Budget as it happened: Rachel Reeves raises tax, spending and borrowing

Rachel Reeves defiant after historic tax and spend Budget

Hidden behind the budget is a terrible bombshell: billions in cuts for disabled people | Frances Ryan

Autumn budget live: Rachel Reeves raises taxes by £40bn and increases spending on NHS and schools

'Inflation is like a regressive tax,' economist says — only one group can 'easily afford' holiday spending this year

IMF hails Reeves’ ‘sustainable’ tax rises; Resolution Foundation says budget marks ‘decisive shift from planned cuts’ – business live

FirstFT: US consumers continue to spend, spend, spend

FirstFT: Decision day in America

Trump Flirts With the Ultimate Tax Cut: No Income Taxes at All

Goodbye to low-tax Britain

Debt rule to change to fund major projects

Cabinet fightback: the revolt over spending

To keep or not to keep - Buttler's big decision

The OBR’s mean decision on quantitative tightening

The 2 decisions that crushed Harris’s momentum

These two ‘low tax’ states are getting socked with fast-rising property taxes

Here's how Harris and Trump's tax plans would impact your taxes

Inheritance tax increases expected in Budget

Who has to pay inheritance tax?

Capital gains tax: a short history

Business and wealthy bear brunt of £40bn tax increases in UK Budget

Why it’s hard to box in the wealthy on tax

Companies curb UK advertising spending ahead of the Budget

Ministers complain to Starmer over spending cuts

Topics