Tag: Rachel Reeves latest
Rachel Reeves under pressure to put £10,000 cap on cash ISAs in savings shake-up
In a move likely to enrage savers, a consultation on reforming ISAs is expected to be unveiled in the Chancellor’s Mansion House speech next month …
Blow for Rachel Reeves as UK households lose huge amount of wealth
UBS’s latest Global Wealth Report showed that average household wealth in the UK fell by 3.6% last year, the second-largest drop among major economies. …
Rachel Reeves tax raid kicks in as Brits forced to hand over £8bn
HMRC collected an additional £8.6 billion over two months due to the increase in National Insurance contributions and the freezing of income tax thresholds. …
£20,000 income tax ruling as Parliament debates call for allowance hike
Chancellor Rachel Reeves has been urged to raise the amount people begin to pay tax from £12,570 to £20,000 …
Rachel Reeves under pressure to create key new mega tax to fill ‘black hole’
Calls are also intensifying for the Chancellor to go further by imposing an annual tax on the UK’s wealthiest individuals …
Rachel Reeves nightmare as ‘wealthy workers abandon UK’ over tax hikes
The warnings come as projections suggest the Government’s non-dom policy could cost the Treasury up to £12.2billion by 2030. …
Fears Rachel Reeves could extend stealth tax raid on incomes in new threshold freeze
The Chancellor has already confirmed that the freeze on inheritance tax allowances will remain in place until 2030 …
Rachel Reeves’ ‘risky strategy’ could lead to £10bn income tax raid, warns IFS
The Institute for Fiscal Studies has issued a stark warning, claiming that the Chancellor has dangerously little room to manoeuvre …
Rachel Reeves eyes billions in welfare cuts amid economic pressures
Sources indicate that a changing economic landscape has dramatically reduced the financial buffer Reeves had last October …
Rachel Reeves savaged over ‘fantasy politics’ after Cash ISA plan rubbished
The Labour Government’s 1.5 million new homes plan is ‘fantasy politics’ with experts warning homeownership may suffer under potential cash ISA changes. …
