Chancellor Rachel Reeves is being urged to consider raising the basic rate of income tax for the first time in 50 years by ...

Farming bosses have warned Rachel Reeves’s policies are “driving them to the brink” and putting nature protections at risk.

Now comes the real test, as Donald Trump is about to pull the rug out from under her. The US president’s tariff war is the ...

Top economist urges Reeves to raise basic rate of income tax for first time in 50 years - Institute for Fiscal Studies boss ...

And incredibly, the public appears to be in favour. Three-quarters of Britons say they would back the new tax, which would raise billions to invest in public services. Chancellor Rachel Reeves is ...

On April 15, 1975, Denis Healey, the Labour chancellor, presented his budget. An economic crisis was upon us. Inflation was ...

Sir Keir Starmer has criticised the Office for Budget Responsibility (OBR) over its assessment of his welfare reforms. In his ...

Sir Keir Starmer faces a major grilling from MPs today ahead of Parliament's Easter break. The Prime Minister will take ...

There is a growing belief that 2.5% of GDP is not nearly enough to pay for UK’s defence needs and the taxpayer alone cannot ...

The Prime Minister said he 'personally struggled' with the Office for Budget Responsibility's (OBR) approach in assessing a ...