Becky MortonPolitical reporterPA MediaReform UK leader Nigel Farage has rowed back on his party's previous promise to deliver tax cuts worth £90bn a year.Ahead of last year's general election, Reform's pledges included slashing corporation tax,…
Nearly a quarter of Labour MPs have signed a petition urging the chancellor to hike taxes on gambling companies and use the money to lift benefit restrictions on families with more than two children.The campaign…
Paul Seddon,Political reporter and Chris Mason,Political editorWatch: Keir Starmer's two different answers to the same tax questionThe prime minister has declined to stand by his manifesto commitments not to raise key taxes at next month's…
The chancellor has confirmed both tax rises and spending cuts are options as she aims to give herself more financial breathing space in November's Budget.Speaking at a gathering of business leaders in Saudi Arabia, Rachel…
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…
Tesla reported a profitable third quarter today — its first this year — as shoppers scrambled to snatch up the company’s EVs in record numbers before the federal EV tax credit expired.Tesla said it earned…
Becky MortonPolitical reporterJeff Overs/BBCGreen Party leader Zack Polanski has defended his party's proposals for a wealth tax as "tackling the deep inequality in our society".He told the BBC that at a time when people are…
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…