The full New State Pension could rise by over £570 next year Linda Howard Money and Consumer Writer and Rory Poulter 03:38, 06 Nov 2025 The Triple Lock ensures that State Pensions increase each year(Image: Milan_Jovic via Getty Images) Those on the full New State Pension could see their payments increase by over £570 next
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Chancellor Rachel Reeves is set to spare Britain’s banks from a punitive Budget tax raid, after making it clear to colleagues she wants the sector to remain competitive and able to support the country’s growth.
A council spent almost £200,000 on letters to correct a “typing mistake”. Bristol residents received council tax bills showing the correct amounts, but the percentage increases for police and fire services were mistakenly swapped. The Police and Crime Commissioner for Avon and Somerset was incorrectly shown to have a 5.9% rise, and the Avon Fire
Daily Mail readers have blasted Rachel Reeves‘s plans to hit middle-class earners with bombshell income tax hikes, saying she is ‘attacking the wrong people’. Commenters were staunchly opposed to reports the Chancellor will go back on Labour‘s manifesto promise not to increase taxes for ‘working people’ in her Budget on November 26. In an early-morning
Thousands of people have signed an online petition calling for the UK Government to unfreeze the income tax threshold. More than 10,000 people have signed an online petition urging the UK Government to increase the Personal Allowance tax threshold from £12,570 to £20,000. The e-petition is now entitled to a written response from the UK
This October, Swiss multinational flavour and fragrance manufacturer Givaudan broke ground on a new $215mn production facility on the outskirts of Cincinnati, Ohio. Gilles Andrier, Givaudan chief executive, said the site, the company’s largest investment in North America this century, demonstrated “the importance of the market” and was “a tangible example” of its long-term strategy
A defiant Rachel Reeves tonight insisted she will not quit even if, as it increasingly seems, she breaks her word on tax. In a highly unusual move at an early morning Downing Street speech, the Chancellor hinted she is considering the first rise in the basic rate of income tax for half a century, saying
The Chancellor is preparing voters – and Labour MPs – for a potential manifesto-breaking Budget Millions of workers are likely to be asked to pay higher taxes in this month’s Budget after Chancellor Rachel Reeves signalled she is considering hiking the basic rate of income tax during an unusual pre-Budget speech. The Chancellor refused to
The Chancellor has refused to rule out raising income tax or national insurance in her upcoming Budget Rachel Reeves has signalled that tax rises are unavoidable when she delivers her Budget later this month, arguing that “we will all have to contribute” to fixing the economy. In a Downing Street speech, the Chancellor said she
By LETTICE BROMOVSKY, NEWS REPORTER Updated: 11:09, 4 November 2025 Britain is bracing for a fresh wave of tax rises after Chancellor Rachel Reeves signalled that her upcoming Budget would include sweeping measures to plug a major gap in public finances. In a speech delivered inside Downing Street, she sought to prepare voters for what