Cabinet backlash against Rachel Reeves' tax reforms
Chancellor Rachel Reeves confronts significant internal opposition from senior cabinet ministers over proposed income tax changes, threatening Labour's budget unity.
Category : Search result: Treasury reforms
Reeves vows economic stability on day one as Chancellor
Shadow Chancellor Rachel Reeves announces sweeping economic reforms to be implemented immediately if Labour wins power, targeting stability and growth from day one.
Labour's Powell: Listen more to party members
In her first major speech as Labour's deputy leader, Lucy Powell calls for radical internal reforms to give party members greater influence over policy and direction.
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.
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
GCSE and A-Level English reforms target literacy gap
Education Secretary Bridget Phillipson announces sweeping reforms to English GCSEs and A-Levels to address England's stubborn literacy gap and regional achievement disparities.
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.
Badenoch's Stamp Duty War Threatens Tory Unity
Kemi Badenoch's controversial stamp duty proposals spark internal Conservative conflict, exposing deep divisions over housing policy and economic direction ahead of potential election.
Badenoch: Treasury officials blocking Conservative policies
Cabinet Minister Kemi Badenoch makes explosive claims that Treasury officials are deliberately obstructing Conservative business policies, raising concerns about civil service impartiality ahead of the general election.
Treasury accused of undermining NI Brexit deal
Business Secretary Kemi Badenoch launches extraordinary attack on Treasury officials, claiming they're sabotaging post-Brexit trade arrangements in Northern Ireland against government policy.
VAT error gives Reeves £3bn budget windfall
Chancellor Rachel Reeves discovers unexpected £3bn for autumn budget after officials correct significant VAT calculation error, providing relief amid spending pressures.
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