Latest in Tax Rises Labour’s
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The Papers: Labour targets waiting lists but tax rises 'won't cure NHS'
The measures expected in Wednesday's Budget, particularly those focused on the NHS, lead the papers.Top stories - BBC News - October 29 -
Labour challenges Badenoch to back billions for public services and tax rises
Rachel Reeves throws down budget gauntlet to new Tory chief as party’s first black leader is congratulated on win. Labour has thrown down an immediate challenge to the new Tory leader, Kemi ...World - The Guardian - November 2 -
Reeves draws line under tax rises, but will Labour’s other pledges survive?
Labour’s Budget pushed levies on employers to the limit — Trump era may mean preparing households for pain tooWorld - Financial Times - Yesterday -
UK Labour’s Budget borrows big, taxes more
Chancellor Rachel Reeves announced a £40bn tax increase and a sharp rise in borrowingWorld - Financial Times - October 31 -
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 -
Britain's Labour Party Bets on Big Taxes, Borrowing to Boost Economy
The U.K.’s new government presented its plan to jolt the country out of years of moribund growth: more taxes and a bigger state.World - The Wall Street Journal - October 30 -
UK Budget: Labour Party to Raise Taxes by 40 Billion Pounds
Rachel Reeves, the finance minister, announced substantial tax increases in her first budget as she sought to strengthen public finances and services.Business - The New York Times - October 30 -
Businesses warn Labour’s £25bn ‘tax on jobs’ will hurt hiring
Companies criticise rise in employers’ national insurance contributionsBusiness - Financial Times - October 30 -
Rachel Reeves’ budget leaves her little room to manoeuvre
Bet on long-term improvements will make spending review in 2027 a crunch time for the governmentWorld - Financial Times - October 31 -
UK's ultra-rich feel the pinch from Labour's tax-raising budget
Britain's wealthy are feeling the pinch following a slew of targeted tax hikes in the Labour government's budget, with many saying they are making good on plans to leave.Business - CNBC - November 5 -
Farmer uproar a consequence of Labour’s high-risk tax pledges
Farmers’ union and government diverge on scale of impact of Budget changesWorld - Financial Times - November 20 -
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 -
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.Top stories - BBC News - October 31 -
How many farms will be affected by Budget tax rises?
Estimates of the number of farms affected range from 100 to 70,000.Top stories - BBC News - November 19 -
UK borrowing costs soar day after Labour government unveiled tax-raising budget
U.K. bond yields spiked sharply Thursday after the ruling Labour Party unveiled a sweeping package of tax hikes and increased borrowing.Business - CNBC - October 31 -
How private equity convinced Labour to go easy on its multimillion pound tax perk
The lobbying coup of the decade saw a major climbdown on the chancellor’s planned raid on carried interest. Nils Pratley: Rachel Reeves’s most irritating manifesto fudge “I’m glad I don’t have ...World - The Guardian - October 31 -
Chris Mason: Labour facing test from farmers who feel let down by inheritance tax plan
Starmer's farmer-alarmer in the Budget could crystalise anger over ministers’ perceived ignorance about agricultural life.Top stories - BBC News - November 17 -
UK’s rising fiscal burden narrows tax gap with Europe
Britain’s fiscal picture is closer to EU averages than it has been for decadesBusiness - Financial Times - October 30 -
Warning 'pain' of tax hikes to hit jobs and pay rises
The chancellor says businesses will "contribute more" as she raises employer National Insurance to 15%.Top stories - BBC News - October 30 -
Vapes to be taxed for first time as tobacco and wine duty rise
New levy on e-cigarettes, which have soared in popularity, will take effect in 2026World - Financial Times - October 30 -
Reeves’s £40bn tax rises will boost growth ‘sustainably’, says IMF
Rare intervention comes as Resolution Foundation says UK will remain ‘stagnation nation’ despite push to invest. ‘It has a political vision’: five viewpoints on budget Budget 2024: what it ...World - The Guardian - October 31 -
Sweden abolishes tax on plastic bags despite warnings usage could rise
Levy that reduced usage by more than three-quarters in four years fell victim to rightwing culture wars, say critics. A tax that has reduced plastic bag consumption in Sweden by more than ...World - The Guardian - October 31 -
Warning tax rises could force care homes to close
Social care providers say the sector is in "unprecedented danger" without more funding.Top stories - BBC News - October 31 -
Barclays’ chief defends Reeves as business criticises Budget tax rises
Retail and hospitality bosses warn UK chancellor that national insurance changes will lead to job lossesBusiness - Financial Times - October 31 -
GPs and care homes fear impact of National Insurance rise
The NHS is exempt from the rise in employer National Insurance contributions, but private providers are not.Top stories - BBC News - November 1 -
How will UK tax rises on private equity’s carried interest work?
Changes unveiled in Rachel Reeves’ Budget mean the performance fee will be treated as income from 2026Business - Financial Times - October 31 -
Charities, universities and GPs warn NI tax rise will hit jobs and services
Funding boost will be wiped out by cost of meeting higher employer levy, say contracted service providers and education bodiesBusiness - Financial Times - November 1 -
The Entertainer blames Budget tax rise for axing new shops
The toy retailer says higher costs have hit expansion and led to a hiring freeze at its head office.Top stories - BBC News - November 8 -
Japan’s new kingmaker pushes for income tax threshold rise
Yuichiro Tamaki’s once-fringe DPP has leverage over Prime Minister Shigeru Ishiba’s weakened ruling partyWorld - Financial Times - November 8