Governor Gavin Newsom unveils a bold plan to impose a 1.5% annual tax on billionaire fortunes over $50m, aiming to tackle the state's budget deficit and fund key services. Read the full proposal.
Ex-OBR chairman Richard Hughes defends the fiscal watchdog's credibility after his resignation over a major budget leak. He cites 'unprecedented' pre-budget speculation in his 25-year career. Read the full story.
The DWP's Local Housing Allowance freeze for 2026/27 will leave claimants with a £43 weekly shortfall. Discover the impact on over 1 million households.
A new analysis reveals Labour's frozen tax thresholds will make a typical worker £505 worse off by 2030-31, while pensioners gain. Discover the full impact of fiscal drag.
Transport Secretary Heidi Alexander delivers brutal response to Tory counterpart after Budget fare freeze. Read the exclusive political clash over rail pricing.
Rachel Reeves' budget faces IFS criticism as 'fiscal fiction' with most tax rises delayed until 2029. Will Labour's election-year plans prove realistic? Read our analysis.
Keir Starmer faces tough questioning over Labour's £30bn tax plans as OBR disputes fiscal black hole claims. Read the full analysis of budget fallout.
Resolution Foundation analysis reveals Rachel Reeves's income tax threshold freeze will disproportionately impact poorer households. Discover how this budget decision affects UK taxpayers.
Chancellor Rachel Reeves defends her budget, admitting working people will pay more tax but vowing to grow the economy. Get the latest on tax thresholds and economic forecasts.
Chancellor Rachel Reeves faced intense questioning from Susanna Reid about breaking Labour's manifesto tax promises in £30bn Budget. Watch the heated exchange unfold.
Chancellor Rachel Reeves defends freezing income tax thresholds until 2031, a move affecting 1.5 million people. She also took a swipe at Nigel Farage over Reform Party 'traitors'.
Chancellor Rachel Reeves defends her budget against criticism from leading thinktanks. The Resolution Foundation reveals tax threshold freezes hit workers harder than manifesto pledge breach. Follow live updates.
Resolution Foundation analysis reveals who gains and loses from Rachel Reeves' Budget. Poorest families gain £90 a year, while wealthy pensioners face £680 hit. Find out how you are affected.
Chancellor Rachel Reeves extends income tax threshold freeze to 2031, dragging over a million pensioners into the tax net. Discover the full impact on retirees and working people.
Chancellor Rachel Reeves unveils £30bn tax raid breaking manifesto pledges while boosting benefits. Economic growth forecasts slashed as markets react to leaked budget.
Scots could face additional tax hikes as SNP ministers refuse to rule out following Rachel Reeves' threshold freeze. Learn how this affects Scottish households.
Chancellor Rachel Reeves unveils a £26bn tax-raising budget targeting the wealthy to fund child benefit reforms and energy bill cuts. Key measures include a mansion tax and frozen thresholds.
Chancellor Rachel Reeves unveils 43 tax rises in her second Budget, dragging millions into higher tax bands while scrapping the two-child benefit cap. Discover the full impact.
Rachel Reeves' Budget scraps the two-child benefit limit, lifting 500,000 children from poverty, while a nine-year income tax freeze becomes a £67bn 'stealth tax'. Discover the full analysis.
Rachel Reeves' Budget faces a furious backlash for 'punishing responsibility' with stealth taxes on workers and savers while scrapping the two-child benefit cap. Readers call it a 'kick in the teeth'.
Chancellor Rachel Reeves unveils her first budget, scrapping the two-child benefit cap and introducing a 'mansion tax'. Get your budget questions answered by Guardian experts.
Chancellor Rachel Reeves freezes fuel duty until September 2026, then reverses the 5p cut. A new 3p-per-mile charge for electric vehicles starts in 2028 to fund road maintenance.
Chancellor Rachel Reeves' Autumn Budget brings major changes to ISAs, pensions, and taxes that will impact young people's finances. Discover what you need to know.
Chancellor Rachel Reeves announces £26bn tax rises, hitting 1.7 million Britons. OBR forecasts downgraded growth and apologises for early budget leak. Read the full analysis.
Chancellor Rachel Reeves announces £26bn tax rises, hitting 1.7m with higher income tax. OBR forecasts downgraded and apologises for early document release.
Chancellor Rachel Reeves announces £26bn tax rises, cuts cash ISA limit, and extends income tax freeze. Discover what the Budget means for your money.
Chancellor Rachel Reeves extends tax threshold freeze until 2030-31, dragging 5.2M more into income tax. Discover how this stealth raid impacts your finances and why it breaks manifesto promises.
Chancellor Rachel Reeves faces Budget leak crisis revealing tax increases for one in four workers by 2030, sparking financial market turmoil and political fallout.
Chancellor Rachel Reeves delivers Budget with tax threshold freezes until 2030, scrapping two-child benefit cap and revised growth forecasts. Key measures analysed.
Chancellor Rachel Reeves admits Britain is 'angry' as her Budget imposes tax threshold freezes and scraps the two-child benefit cap. Discover the full impact on households and the economy.