Brace yourselves: Taxes are heading for a record high - and there's every chance that they will be going up even higher
The Office for Budget Responsibility (OBR) predicted today that the tax take will climb to 37.7 per cent of gross domestic ...
Britain facing £600bn interest bill blow as national debt balloons towards record £3.4 trillion
The OBR revealed that servicing the national debt will cost taxpayers around £30bn more than previously forecast by 2030.
Spring Statement 2025 LIVE: Rachel Reeves warned economic plans could be derailed as UK growth forecast slashed
Pressure was relieved slightly on the Chancellor on Wednesday morning as the Office for National Statistics (ONS) has revealed that the rate of inflation fell to 2.8% last month. But the OBR has ...
Tax rise warning for millions as Rachel Reeves refuses to rule out Autumn Budget raid after Spring Statement
Rachel Reeves may be forced to raise taxes in a “blockbuster” autumn Budget, leading economists are warning. The Institute for Fiscal Studies stressed that the Chancellor’s vow to stick to her fiscal ...
Reeves Risks Autumn Tax Hikes With Repeat of Budget Gamble
UK Chancellor Rachel Reeves did the minimum to preserve her credibility with markets when she restored her fiscal buffer to ...
Spring Statement 2025: ‘Very small’ headroom risks getting erased again, OBR warns
The Chancellor had previously set herself £9.9bn of headroom in the Autumn Budget and restored it through cuts made to ...
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Spring statement will lead to six months of ‘damaging speculation’, IFS warns
The Institute for Fiscal Studies said Rachel Reeves’ adherence to fiscal rules will lead to speculation about tax hikes in ...
Further tax hikes likely in autumn despite spending cuts, say economists
It came as the Government’s official forecaster cautioned that there was a ‘significant risk’ around meeting fiscal rules.
Millions hit by benefit cuts as Rachel Reeves warns ‘if you can work, you should work!’ in bid to fix ‘broken system’
BENEFITS were slashed and a bonfire of civil service jobs was lit in Rachel Reeves’ gloom-ridden Spring Statement today. Amid ...
Spring Statement winners and losers revealed – will you be better off?
DRINKERS and low earners were among the winners in the Spring Statement today – while first-time buyers and those on benefits ...
The best wildflower hiking trails in the U.S.
Spring is in bloom. Here are our favorite places to frolic through fields of flowers, from the Pacific Northwest to the ...
Rachel Reeves warned tax hike bombshell could hit Britons in autumn
Rachel Reeves has been warned she faces nearly a 50% chance of further tax rises or spending cuts following her spring ...