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Rachel Reeves plots 'unprecedented' £40bn tax rises
Rachel Reeves planning £3bn welfare cuts in Budget
Rachel Reeves will seek to make around £3 billion of cuts to welfare over the next four years by restricting access to sickness benefits, it is understood.The Chancellor is expected to commit to the previous Tory government’s plans to save the sum by reforming work capability rules,
Rachel Reeves 'rolling pitch for big tax rises' in Budget with £40billion plan briefing, says top economist
He believes part of the £40billion will be smaller rises in spending in some parts of the public sector. But this would still leave the Treasury having to find a hefty chunk of t
Rachel Reeves plots 'unprecedented' £40bn tax rises as Budget looms
Chancellor Rachel Reeves is looking into implementing up to £40billion in tax rises and spending cuts in the upcoming Budget, as the Government aims to avoid a return to austerity. The Treasury has identified a larger funding gap than previously reported,
Reeves eyes up to £40bn in tax rises and spending cuts in Budget
The Chancellor told ministers on Monday that plans to fill a £22 billion black hole would be enough only to ‘keep public services standing still’.
Reeves, Starmer
Ministers complain to Starmer over spending cuts
But there are fears that steep spending cuts will also be needed to meet what Whitehall sources have suggested is a £40bn funding gap. In what some say is an unusual move, ministers from hard-pressed departments are calling for a last minute rethink of the Budget,
Starmer and Reeves face down cabinet revolt over spending cuts
Prime Minister Sir Keir Starmer on Wednesday joined forces with chancellor Rachel Reeves to face down a cabinet revolt over plans for “grim” curbs to public spending next year. Reeves has faced resistance from a number of ministers over her plan to rein in public spending in 2025-26,
Angela Rayner leads Cabinet revolt against Reeves’ ‘huge’ Budget cuts
Sir Keir Starmer is facing a backlash from Angela Rayner and his cabinet over “huge” cuts to departmental spending to be unveiled in Rachel Reeves’ Budget. The prime minister has received letters from senior ministers raising concerns about the spending cuts after a number spoke out against the measures at Tuesday’s cabinet meeting.
20m
Urgent warning over ISAs as savings cap could be targeted by Rachel Reeves
"Tax-wrapped products will continue to be a critical component of a long-term savings plan. It may be worth considering ...
20m
Beard taxes and other lessons for Rachel Reeves
Reeves could find something new to tax: perhaps dogs (occasionally dangerous) or cats (dangerous to birds) or cows and sheep (methane emitters). She could make like Cleopatra and raise taxes on beer.
12h
on MSN
Charge electric cars pay-per-mile tax instead of fuel duty, Rachel Reeves urged
Drivers of electric cars should have a pay-per-mile tax imposed on them to help replace fuel duty, Rachel Reeves has been ...
18h
Rachel Reeves' plot to end 'ISA millionaires' with £500k limit on savings
Ms Reeves highlighted that 60 percent of tax-free returns go to the top 15 percent of earners, suggesting that the annual ...
i
21h
What are the experts predicting Rachel Reeves could announce in the Budget?
Recent reports suggest Ms Reeves has backed away from the idea of fundamentally reforming pensions tax relief by introducing ...
1d
on MSN
Rachel Reeves claimed £1,225 on expenses for tax returns help
Rachel Reeves has claimed £1,225 on expenses to pay someone else to help file her tax return, it can be revealed.
20h
on MSN
Rachel Reeves set to raise capital gains tax rate on sales of shares in Budget
Rachel Reeves is planning to increase the rate of capital gains tax on shares sales but not on properties such as second ...
Yahoo Finance
17h
Capital gains tax raid will kill investing, Rachel Reeves warned
No capital gains tax is due on profits below £3,000.
Rachel
Reeves
in 2018 voiced her support for aligning capital gains ...
Accountancy Age
4h
Rachel Reeves' Budget is coming: What are accountants seeing in their crystal balls?
As the UK awaits Chancellor Rachel Reeve’s Autumn Budget on October 30th, 2024, accounting firms are forecasting sweeping ...
1d
on MSN
The £40bn question: How will Rachel Reeves balance the books?
Chancellor boosted by a surprise drop in inflation after the cabinet is warned she may need to find £40bn in taxes and ...
23h
on MSN
Revealed: Rachel Reeves’s ambition to slash Isa allowances
Chancellor Rachel Reeves called for the introduction of a £500,000 limit on tax-free Isas in an unearthed newspaper column ...
13h
on MSN
Rachel Reeves achieves what no other Chancellor has — but she won't want to hear it
Rachel Reeves doesn’t have the oratorical skills to come up with such a memorable line, but Labour’s manifesto is quite clear ...
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Budget of the United Kingdom
Capital gains tax
National Insurance
Labour Party
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