Rachel Reeves expected to prolong personal tax threshold freeze beyond 2028
UK chancellor Rachel Reeves is expected to prolong a freeze on personal tax thresholds beyond 2028 in a “stealth” tax move that could raise £7bn a year and help plug a £40bn fiscal shortfall. Government officials said Reeves was looking to lengthen the freeze — announced in 2021 under the Conservatives but due to expire in 2028 — in what will be seen as a covert rise in income tax.
As the autumn budget looms, Big Issue founder John Bird challenges Rachel Reeves to rewrite the playbook on tackling poverty.
Union bosses have called on the Labour Chancellor to protect energy jobs in Scotland and increase funding for SNP ministers.
As Rachel Reeves prepares for her first Budget with every passing day, another wheel seems to come off her revenue-raising ...
Labour’s manifesto pledged not to raise income tax rates. Last year, Ms Reeves appeared to agree, saying: “People on average ...
Sources briefed on the chancellor’s thinking told The Financial Times that they believe the cut will take effect from next ...
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RACHEL Reeves is risking a “bonfire of jobs” by hitting Britain with one of the biggest tax-hiking Budgets in history, ...
Investors were always going to face higher taxes in Labour's Budget. Here's what we know so far - what it could mean for your ...
I don’t know about you, but everytime I do the “big shop”, the amount I spend seems to go up – but the number of goods in my ...
Government insiders have warned that without extra funding at the Budget the NHS funding gap would see millions of patients' ...
ONE MILLION workers could be set for a pay cut under Rachel Reeves’ budget “painful” budget plan. The Chancellor could extend ...
Rachel Reeves is understood to be considering about £3bn of cuts to the welfare bill over the next four years by restricting ...
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