The chancellor has vowed to "defy" gloomy forecasts for the UK economy after it emerged the government is facing a bigger-than-expected hole in the public finances.The BBC understands the official forecaster, the Office for Budget…
Sam FrancisPolitical reporterPA MediaChancellor Rachel Reeves has refused to rule out an income tax rise in next month's Budget, amid speculation she is considering breaking a key Labour election pledge.Asked about reports, first published in…
Becky Morton,Political reporter and Dharshini David,Deputy economics editorPA MediaChancellor Rachel Reeves is considering changes to the tax system which would lead to some lawyers, accountants and doctors paying more, in next month's Budget.The professions are…
Emer Moreau andEsyllt CarrBusiness reportersPA MediaChancellor Rachel Reeves has said she plans to scrap "needless form filling" in a bid to boost business growth.Speaking at a regional investment summit in Birmingham, the chancellor said the…
All 1,287 Betfred shops could disappear from the UK High Street if Chancellor Rachel Reeves hikes taxes on gambling firms, the company's co-founder and chairman has told the BBC.Fred Done, who set up Betfred in…
The chancellor should be "bold" in next month's Budget or risk future spending cuts and tax rises, an influential think tank has said. The Institute for Fiscal Studies (IFS) is projecting Rachel Reeves will need…
Faisal IslamEconomics editorBBCChancellor Rachel Reeves has said she is planning "targeted action to deal with cost of living challenges" in next month's Budget.Speaking to the BBC, she said it was the job of both the…
Paul SeddonPolitical reporter ,Joshua NevettPolitical reporter andHenry ZeffmanChief political correspondentPA MediaRachel Reeves has said she is looking at "further measures on tax" ahead of next month's Budget, in the clearest sign yet that tax hikes…
Chancellor Rachel Reeves should avoid "directionless tinkering and half-baked fixes" when trying to boost the government's tax take in next month's Budget, a leading think tank has said. Taxes are widely expected to go up…
Becky MortonPolitical reporterReeves: I will take no risk on public financesRachel Reeves has said the government is facing difficult choices, as she promised she would not take risks with the public finances.In her speech at…