Autumn Budget 2024 Live: Rachel Reeves unveils sweeping tax reforms Live! Welcome to City AM’s Autumn Budget 2024 live blog in association with RBC Wealth Management. The Chancellor, Rachel Reeves, has set out out Labour’s tax and spending plans for the year ahead in the party’s first budget since coming to power over the summer. The Budget contains some of the biggest tax hikes in a [...]
Government borrowing jumps as threat of tax hikes grows Economics The figures come just over a month before Rachel Reeves delivers her first Budget as Chancellor.
‘Expensive triple lock’ needs to be reformed to get UK finances in order, OECD says Economics "The current fiscal trajectory is unsustainable in the long term," the Paris-based organisation said.
Government faces ‘grim reality’ on national debt, peers warn September 10, 2024 "If we wish to improve the level of and quality of services, and continue the current provision of benefits, taxes will need to rise. The alternative is that the state does less," the report said.
UK government borrows more than expected as debt pile grows July 19, 2024 The governement borrowed more than expected during the month of June.
Government borrowing ahead of expectations in blow for hopes of tax cuts April 23, 2024 Jeremy Hunt has said the Conservatives will cut taxes again in the autumn "if we can", with some reports suggesting he's considering another 2p cut to National Insurance.