Exclusive: Shadow Chancellor Rachel Reeves faces difficult choices as Labour considers abandoning income tax pledge amid £30 billion fiscal shortfall, raising questions about party's economic credibility.
Chancellor Rachel Reeves is reportedly weighing income tax increases as part of a comprehensive strategy to reduce the UK's budget deficit, according to Treasury sources.
UK families brace for biggest living standards crunch since 2022 amid fears of tax hikes and soaring energy bills in upcoming Budget announcement.
Labour's shadow chancellor Rachel Reeves receives stark warning about potential tax hikes as economic experts question party's spending commitments ahead of general election.
Labour Chancellor Rachel Reeves announces significant tax increases coming this autumn in her first major fiscal statement, marking the most substantial tax rises since Gordon Brown's government. The measures aim to address economic challenges post-Brexit
Australian airline Qantas sparks outrage as passengers discover flights from Sydney to Melbourne are significantly cheaper than return journeys, raising questions about airline pricing transparency.
Chancellor Rachel Reeves prepares her debut budget amid warnings of tough choices, potential tax rises, and questions about Labour's economic credibility.
Exclusive polling reveals a startling disconnect as American voters show greater confidence in Donald Trump's ability to handle inflation, even though living costs surged dramatically during his presidency.
Popular flat-pack furniture giant IKEA warns British shoppers of impending price increases if Donald Trump implements sweeping tariffs on Chinese imports, potentially sparking a cost-of-living crisis for home furnishings.
Shadow Chancellor Rachel Reeves vows to block Autumn Statement tax increases, promising pro-business reforms and a major ISA overhaul to boost UK economic growth post-Brexit.
Chancellor Rachel Reeves confirms wealthy Britons face tax increases as part of Labour's November budget strategy, emphasising 'economic stability' over 'quick fixes'.
New data reveals US inflation is hitting older Americans hard, with Social Security increases failing to keep pace with rising living costs across housing, healthcare and everyday essentials.
Exclusive analysis reveals Britain is suffering the worst inflation among world's wealthiest nations, with families facing unprecedented cost of living pressures as prices continue to soar.
Exclusive analysis reveals how California's groundbreaking $20 minimum wage for fast food workers is causing industry upheaval, with major chains like Pizza Hut and Chipotle implementing significant changes.
Disney announces significant price increases across its US theme parks, with new tiered pricing and premium experiences making the magical getaway more expensive than ever.
The Department for Work and Pensions is increasing Personal Independence Payment rates, with some claimants eligible for hundreds of pounds in additional monthly support. Find out if you qualify for the enhanced payments.
Millions face higher tax bills as US tax cuts automatically expire in 2026. Discover how the 'fiscal cliff' will impact British expatriates and international investors.
British businesses confront a perfect storm as new tax increases and enhanced worker rights legislation create unprecedented pressure on companies already struggling with economic uncertainty.
Sir Keir Starmer declares Britain must confront 'tough choices' as he refuses to rule out tax increases while outlining his vision for national renewal and economic stability.
Shadow Chancellor Rachel Reeves reveals Brexit's economic fallout has left Labour with 'no alternative' but to consider tax increases, in a stark admission about the UK's post-EU financial reality.
Exclusive: Treasury officials are drawing up plans for significant tax increases, including a potential 'stealth raid' on pensions and inheritance tax reforms, that could be implemented swiftly if Labour wins the next election.
The OECD delivers a stark warning that Britain will suffer the highest inflation among G7 nations next year, with Labour's looming Budget threatening severe tax increases amid economic turmoil.
Next CEO Lord Wolfson cautions that the National Living Wage increase to £11.44 could trigger significant job losses and price rises across UK retail sector.
Exclusive: British family-owned manufacturers warn of investment freezes and potential closures as Labour's proposed tax changes threaten generational businesses. Industry leaders demand urgent government consultation.
The vision of seamless travel across Africa is under severe threat. Soaring airfares, complex visa requirements, and crumbling infrastructure are crippling the African Union's flagship free movement agenda, stunting economic growth and integration.
Households across Middle England are bracing for council tax increases of up to £250 as cash-strapped local authorities seek to plug funding gaps. Discover which regions are hardest hit and why.
Labour peer and major donor Lord Waheed Alli faces allegations of evicting long-term tenants from his London properties to dramatically increase rents, sparking outrage over housing ethics.
Barclays CEO C.S. Venkatakrishnan calls for restraint in public sector wage increases to curb inflation, warning of economic consequences without fiscal discipline.
Furious B&M shoppers are abandoning the discount retailer, claiming drastic price hikes have destroyed its value-for-money reputation. Discover the products hit hardest and why customers say the charm has gone.
Scottish ministers confront stark warnings as the nation's soaring benefits expenditure threatens to trigger significant tax increases and austerity measures, testing the limits of devolved powers.