Sterling drops 0.3% against dollar as Chancellor Rachel Reeves abandons income tax rise plans, triggering biggest gilt yield surge since July. Investors fear political instability ahead of crucial budget.
Chancellor Rachel Reeves has scrapped plans for an income tax increase in the November Budget after improved economic forecasts. Discover what this means for your finances.
Chancellor Rachel Reeves dramatically reverses income tax hike plans, sparking market turmoil and Labour party infighting ahead of crucial Budget announcement.
Keir Starmer faces internal briefing scandal while Rachel Reeves' budget U-turns create economic uncertainty. Explore the deepening Westminster crisis.
Health Secretary Wes Streeting publicly distances himself from Chancellor's income tax plans as government descends into chaos ahead of critical Budget announcement. Sterling falls amid market uncertainty.
Chancellor Rachel Reeves abandons income tax rise just 10 days after announcing it, leaving government credibility in tatters ahead of November Budget. What's next?
UK government borrowing costs jump as Rachel Reeves reportedly scraps income tax hike plans, breaking Labour manifesto pledge. Gilt yields surge in market sell-off ahead of November 26 Budget.
Speculation that Chancellor Rachel Reeves has abandoned plans for an income tax rise sparks a sell-off in UK government bonds, pushing borrowing costs higher. Discover the market reaction and political fallout.
Chancellor Rachel Reeves' income tax reversal sparks market sell-off, wiping £26bn from shares and raising mortgage fears. Discover the full Budget fallout.
Chancellor Rachel Reeves' decision to scrap income tax rise plans causes pound to fall and borrowing costs to surge. Discover the market fallout and political implications.
Chancellor Rachel Reeves has scrapped plans to raise income tax rates in a dramatic U-turn, causing market volatility and political fallout just days before the autumn budget.
Chancellor Rachel Reeves abandons income tax hike plans after Labour revolt, leaving £30bn black hole and Pound falling. Discover the political crisis unfolding.
Chancellor Rachel Reeves scraps plans to raise income tax rates after internal Labour party conflict. Discover how smaller tax measures will fill the financial gap instead.
Deputy First Minister John Swinney abandons key election pledge as Scottish Government announces income tax increases in major policy reversal, breaking SNP manifesto commitment.
Rachel Reeves breaks key election promise by pushing ahead with controversial road tax for electric vehicles, drawing comparisons to Thatcher's poll tax and infuriating drivers and environmental groups.
Former footballer Jamie Redknapp opens up about his dramatic change of heart on parenting, revealing how he went from vowing never to have children to embracing fatherhood with his two sons.
Shadow Chancellor Rachel Reeves reveals why Labour abandoned its flagship tax pledge, blaming a 'perfect storm' of global crises that shattered economic assumptions.
The government has officially withdrawn the controversial Legacy and Reconciliation Bill, delivering a major victory for Hillsborough families who fought against what they called a 'betrayal' of the 97 victims.
Nigel Farage has abandoned his flagship promise to slash £90 billion in taxes, admitting the plan was 'undeliverable' and prompting fury within his own Reform UK party.
Campaigners celebrate as Brighton's iconic palm trees are granted reprieve after council U-turn on controversial removal plan. The beloved seafront landmarks will remain following public outcry.
In a dramatic policy reversal, Labour's energy team abandons controversial windfall tax proposals to secure vital North Sea investment and protect British jobs.
The UK Home Office is confronting potential legal challenges after abruptly reversing visa decisions for Indian and Vietnamese workers in Northern Ireland, leaving families in limbo and raising questions about immigration policy consistency.
In a dramatic policy reversal, the UK government has rejected Heathrow Airport's third runway plans, prioritising climate commitments over aviation growth and sparking fierce political debate.
Ex-England international David Nugent announces dramatic return to football after retirement, joining League Two side Hartlepool United in stunning comeback.
Ministers reverse decision to ban Israeli supporters from Birmingham match after urgent security review, as Keir Starmer faces questions over Labour's delayed response to the escalating situation.
Nigel Farage has dramatically abandoned his flagship triple lock pension pledge just three days after announcing it, in what critics are calling a desperate election move that reveals Reform UK's policy chaos.
Plans to create Great British Railways have been officially abandoned after years of delays and political uncertainty, dealing a blow to rail reform efforts across Britain.
The Prime Minister faces accusations of hypocrisy after taking a private jet to Yorkshire while scrapping key environmental commitments, sparking fury from climate campaigners.
In a dramatic reversal, dozens of CDC staff dismissed in a controversial 'reorganisation' have been ordered reinstated with back pay, following intervention from the Biden administration.
Rishi Sunak's administration reverses position on prostate cancer screening after campaigners highlight potential to save thousands of lives annually through early detection.