Tag: Rachel Reeves news
Labour could be plotting tax raid on 1 in 6 Brits later this year
Labour made a commitment in its manifesto not to be putting up taxes on people on ‘modest incomes, working people’, the Transport Secretary now says. …
Pound plunges and gilts soar as Rachel Reeves chaos ‘echoes of Liz Truss’
Investors are questioning whether Sir Keir Starmer’s Government can deliver the tough decisions needed to keep the public finances under control. …
Rachel Reeves’ pensions ‘game-changer’ to leave savers ‘only slightly’ better off
The Bill, which is expected to become law next year, hands regulators sweeping new powers to push pension schemes to invest more in UK-based private markets …
Billionaire tells Rachel Reeves to implement new ’10p tax’
He argues there is space for the new tax measure, due to a drop in price in recent months. …
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. …
