In a dramatic first move, Chancellor Rachel Reeves uses her inaugural major speech to scrap the non-dom tax regime and abolish Stamp Duty for first-time buyers on properties up to £425,000, signalling a new economic direction for Britain.
Labour faces a furious backlash over plans to hand the government direct control of the powerful Treasury Select Committee in a move branded ‘authoritarian’ and a threat to democracy.
A funeral director in Hull has been struck off after an investigation revealed he kept a baby's body in his living room for two years and stored a bouncer in a coffin. Read the shocking details of the misconduct hearing.
A powerful cross-party committee of MPs demands the government fund free TV licences for over-75s, arguing it's a vital lifeline against loneliness. Discover the latest on the fight to save this crucial benefit.
Chancellor Rachel Reeves seeks advice from former Corbyn advisor James Meadway, a proponent of higher taxes, sparking debate over Labour's economic direction and 'Tory-like' fiscal strategies.
US House Judiciary Committee subpoenas Jeffrey Epstein's private island guest book from his 66th birthday, intensifying investigation into his powerful associates and alleged sex trafficking network.
MPs from across the House of Commons unite in fury as the government fails to deliver on its promise to establish a new court for England and Wales, citing 'unacceptable' delays and demanding urgent action from the Justice Secretary.
Former Trump Treasury official Michael Faulkender reveals shocking details of bureaucratic resistance and 'deep state' sabotage against the President's agenda in his explosive new book.
HMRC's high-income child benefit charge recouped record £1.7bn from 709,000 families, with average payment of £2,390 per household last tax year.
Donald Trump's legal counsel, Alina Habba, is under investigation by a New Jersey ethics committee for allegedly propagating false statements about the 2020 election, potentially violating attorney conduct rules.
Chancellor Rachel Reeves is poised to collect a staggering £100 billion in taxes this July - the highest single-month tax take in UK history as Labour's fiscal strategy takes effect.
New Chancellor Rachel Reeves makes her opening move by ending VAT exemption for private schools, a key Labour pledge to fund state education. The Treasury confirms the change will proceed despite sector warnings.
Shadow Chancellor Rachel Reeves demands transparency, alleging the Treasury is withholding crucial analysis on Tory tax policies. The government denies the claims, setting the stage for a major economic debate.
Exclusive analysis reveals how the UK's rigid fiscal framework, designed for stability, is now actively hindering economic recovery, suppressing growth, and exacerbating the cost-of-living crisis. Experts warn the Treasury's orthodoxy is no longer fit for
Chancellor Rachel Reeves launches a comprehensive review of the UK's property tax system, targeting council tax and stamp duty in a bid to create a fairer, more efficient model for homeowners and the Treasury.
Exclusive: Chancellor Rachel Reeves is considering aligning Capital Gains Tax with income tax rates, a move that could cost second homeowners and landlords thousands and spark a backlash from Tory MPs.
Exclusive: Chancellor Rachel Reeves is considering a radical overhaul of property taxation, with plans targeting expensive homes to fund public services and address the UK's fiscal black hole.
Exclusive: The Albanese government is spearheading a controversial 'productivity'-focused tax reform, aiming to shift the UK's economic debate from austerity to strategic investment. Critics warn of potential tax hikes.
Reform UK is in turmoil after its entire Leicestershire executive committee, including the chairman and candidates, resigned en masse, citing a 'lack of professionalism' and a 'purge' of longstanding members.
The UK Treasury has criticised proposals for an underground nuclear waste facility in Cumbria, labelling them as unachievable and poorly costed.
The UK government has announced an extension of business rates relief for pubs and breweries, offering a lifeline to struggling venues facing soaring energy and operational costs.
The International Olympic Committee has approved Long Beach, Southern California, as the official venue for sailing competitions during the 2028 Los Angeles Olympics.
A senior US Treasury official, Scott Bessent, has failed to divest from certain financial assets, sparking ethical and legal scrutiny over potential conflicts of interest.
The US national debt has surged to unprecedented levels, with both Trump and Biden administrations contributing to the staggering increase, according to the latest Treasury Department report.
Speculation grows as the UK Treasury considers major changes to inheritance tax ahead of the Autumn Budget. Will thresholds rise or will loopholes close?
Shadow Chancellor Rachel Reeves dismisses rumours of Labour increasing inheritance tax, reaffirming party's stance ahead of the Autumn Budget.
US Republicans escalate demands for transparency as they push the Treasury Department to disclose President Biden's financial records, deepening political divisions in Washington.
The UK Treasury is considering reforms to inheritance tax as part of efforts to address the growing budget deficit, with potential changes expected to impact wealth distribution and government revenue.
A South Carolina Republican is under scrutiny as the House Ethics Committee investigates claims of improper campaign spending, raising questions about transparency in political finance.
The proposed extension of the Elizabeth Line to Birmingham, Manchester, and Leeds promises to revolutionise UK rail travel, but Treasury hesitations loom.