By HARRIET LINE, DEPUTY POLITICAL EDITOR Published: 18:50, 29 October 2025 | Updated: 19:01, 29 October 2025 A Labour MP has attacked proposals for a taxi tax as the ‘daftest idea I think I’ve ever heard’ as a new poll found the public view it as a raid on working people. The Government has refused
Scale of challenge facing Reeves comes as Starmer fails to rule out tax rises in the Budget Rachel Reeves will need to raise taxes by the equivalent of 3p on income tax in order to fill the black hole in the nation’s finance, analysis shows. The Chancellor is expected to need to raise around £32bn
Unlock the Editor’s Digest for free Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. Sir Keir Starmer has refused to stand by Labour’s manifesto pledge to not raise income tax, employee national insurance or value added tax, as he acknowledged the backdrop to next month’s Budget was tougher than
Lawmakers had initially pushed to hike the levy to 15 percent to hit back at U.S. President Donald Trump’s tariff war, sparking strong reactions from across the Atlantic. Industries in France that fear trade retaliation have also called for caution. The amendment has yet to survive a final vote on the country’s 2026 budget law
The Treasury is understood to be considering changes to how property is taxed in England and Wales Labour MPs have lined up calling for Rachel Reeves to overhaul council tax and scrap stamp duty as part of a major shake-up of property taxation ahead of the Budget. The Chancellor is under pressure to raise taxes
Campaigners have called for the reform of a ‘secretive’ fast track court system after a dementia sufferer received a criminal conviction over £43 of unpaid car tax. The Single Justice Procedure (SPJ) allows public authorities to bring quick prosecutions in hearings conducted behind closed doors. Issues have been raised over the scheme for years, including
The Chancellor is grappling with a big headache – the UK’s woeful productivity – which could trigger the need for spending cuts and tax rises in the Budget 11:48, 28 Oct 2025Updated 11:49, 28 Oct 2025 Chancellor Rachel Reeves is keen to declare the UK “open for business” as she looks to boost the economy(Image:
Mkhitar Hayrapetyan, Minister of High-Tech Industry of the Republic of Armenia. The global race for AI is not only being developed in labs and boardrooms, but it is also being shaped in parliaments and ministries of finance. Tech-related policies and tax incentives have become some of the most powerful tools governments wield to decide whether
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 Reeves said she wanted to ensure the UK had “sufficient headroom” to provide resilience against future shocks. The implication
The good news is that once you complete your property valuation for the new property tax period, you won’t have to do it again until 2030. The bad news, of course, is that you have to do it in the first place – and it’s also likely that your annual bill will increase. Yes, Revenue