MPs: Cash ISA cuts won't boost stock market
Cross-party MPs challenge Chancellor's plan to slash cash ISA limits, warning the move will fail to boost London's struggling stock market and could harm ordinary savers.
Category : Search result: Treasury policy
Farage clashes with Bank of England Governor over economy
Reform UK leader Nigel Farage challenges Bank of England Governor Andrew Bailey over interest rates and economic competence in tense parliamentary exchange.
Reeves considers emergency budget for UK economy
New Labour Chancellor Rachel Reeves considers an emergency budget to address Britain's economic challenges, with potential tax reforms and spending announcements expected within weeks of taking office.
Reeves faces whisky industry concerns in first week
New Chancellor faces immediate backlash from Scottish whisky industry after Treasury meeting, highlighting challenges for Labour's economic agenda.
Reeves considers income tax rise to reduce deficit
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.
Trump picks billionaire Michael Peterson for Treasury role
Exclusive: Donald Trump plans to appoint billionaire hedge fund manager Michael Peterson to a senior Treasury position, signalling dramatic economic policy shifts ahead of potential 2024 return.
Bank Alerts Treasury Over US Investor's City Stakes
Sam Woods, Bank of England's deputy governor, warns Treasury about potential risks as US investor Scott Bessent builds significant stakes in London Stock Exchange Group and FTSE Russell.
Reeves slams 'unfair' tax loophole for LLP partners
Shadow Chancellor targets controversial tax arrangement allowing limited liability partners to claim generous reliefs while ordinary taxpayers foot the bill.
Reeves demands economic growth plan in first day as Chancellor
New Chancellor Rachel Reeves launches economic fightback with urgent growth directive to ministers, warning Britain faces 'most challenging inheritance since WWII' with public finances in worst state ever recorded.
Inheritance tax receipts hit record £6.3bn
HMRC reports unprecedented inheritance tax receipts as frozen thresholds and soaring property prices drag more families into the tax net. Discover how fiscal drag is transforming IHT from a 'wealth tax' to a middle-class concern.
UK Economy Stagnates with Zero Growth in April
Shock Office for National Statistics data reveals zero growth in April 2024, handing incoming Chancellor Rachel Reeves immediate economic challenge days before taking office.
Prince Andrew's Shocking Tax Payments Revealed
Explosive documents show the Duke of York paid virtually nothing to the Treasury for years while receiving millions, raising serious questions about royal finances.
MPs: HMRC misses millions from gaming tax gap
A powerful Treasury Committee report reveals HMRC is failing to collect substantial tax revenue from major video game companies, including Fortnite maker Epic Games, urging urgent reforms to tackle digital economy tax avoidance.
Reeves Confirms Major Tax Rises in Autumn Statement
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
Reeves targets Motability scheme in £1bn budget raid
Rachel Reeves announces controversial plan to scrap tax exemptions for Motability car scheme users, aiming to save Treasury £1 billion while sparking outrage among disability advocates.
Treasury blocks 15,000 homes in planning clash
Chancellor Rachel Reeves faces Conservative backlash as Treasury officials halt major housing developments despite government's pro-growth agenda.
Labour's VAT on Taxis: Ministers Face Backlash
Exclusive: Labour ministers under fire as Treasury considers imposing 20% VAT on taxi journeys, sparking outrage from drivers and passengers facing fare hikes during cost of living crisis.
Reeves: No magic money tree for UK economy
Chancellor Rachel Reeves delivers hard-hitting speech at Wembley, ruling out immediate tax rises while promising tough spending decisions and economic stability.
Reeves: No 'magic wand' for UK economy
Chancellor Rachel Reeves delivers sobering assessment of UK finances, confirming tough decisions ahead as Labour confronts 'worst economic inheritance since WWII'.
Reeves: Age of irresponsibility over in first budget
Chancellor Rachel Reeves unveils radical planning reforms and spending restraint in her debut budget, promising economic stability after Tory 'chaos'.
Reeves unveils radical planning reforms to boost economy
In a bold move to kickstart economic growth, Chancellor Rachel Reeves announces sweeping planning reforms, greenlights data centres, and faces criticism over delayed decision-making on major infrastructure projects.
Yvette Cooper named in US Treasury sanctions over property deal
Senior Labour MP Yvette Cooper finds herself on US Treasury sanctions list after financial ties to Cambodian tycoon linked to Myanmar military regime revealed in London property dealings.
Bank of England Governor Faces Parliament Grilling
Bank of England Governor Andrew Bailey defends monetary policy before Treasury Committee as inflation concerns mount and interest rate decisions face scrutiny.
Labour's Powell: Budget timing is 'political stunt'
Shadow culture secretary Lucy Powell condemns the government's budget timing as a cynical election ploy, drawing parallels to Gordon Brown's 1997 pre-election manoeuvres.
Reeves hunts budget headroom to insulate UK economy
Chancellor Rachel Reeves is exploring creative fiscal measures to create additional budget flexibility, aiming to shield Britain's economy from unpredictable bond markets while prioritising economic insulation.
Albanese pushes tax hike despite Treasury warnings
Prime Minister Anthony Albanese pushes forward with plans to double tax rates on certain investments, despite Treasury warnings about economic consequences and market instability.
UK Government Reveals Major Banking Compensation Shake-Up
The Treasury has announced sweeping reforms to the Financial Services Compensation Scheme that could safeguard millions of British savers and transform banking security.
Rachel Reeves confronts heckler in first speech as Chancellor
New Chancellor Rachel Reeves faced an unexpected interruption during her inaugural Treasury speech, responding firmly to a heckler while outlining Labour's economic vision for Britain.
Reeves shatters Treasury fiscal rules in economic reset
Labour's first female Chancellor announces dramatic overhaul of Treasury spending rules, prioritising economic growth over rigid fiscal constraints in major policy shift.
Reeves: Treasury has 'no money' left for Labour government
Chancellor Rachel Reeves reveals Treasury discovered 'no money' left as Labour prepares emergency budget to stabilise UK economy and deliver growth plan.
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