Why Labour must tax wealth, not just income
As Labour prepares for government, experts argue that taxing wealth through mansion levies and council tax reforms could be the key to solving Britain's fiscal crisis without punishing ordinary workers.
Category : Economy
Labour ministers clash over NHS funding in budget
Chancellor Rachel Reeves and Health Secretary Wes Streeting are heading for a confrontation over NHS spending in the upcoming budget, revealing early tensions in the new Labour government's economic priorities.
Britain's stealth tax crisis demands urgent reform
As income tax thresholds remain frozen, millions face stealth tax rises while public services crumble. Explore why experts argue the current system is unsustainable and what fair alternatives could revitalise Britain's social infrastructure.
Ex-BoE Governor slams Labour's mansion tax plans
Mervyn King delivers scathing critique of Rachel Reeves' property tax plans, warning of economic consequences and political confusion in exclusive interview
Do Populist Governments Always Crash The Economy?
New analysis reveals the economic consequences of populist governance across Europe. Discover which countries survived the populist wave and which paid the ultimate price.
Japan's population crisis deepens as births hit record low
Japan faces an unprecedented demographic emergency as new data reveals the sharpest population decline in history, with births plummeting to their lowest level since records began.
Climate Change Reshapes Global Kitchen Staples
From soaring olive oil prices to vanishing vanilla, discover how extreme weather and supply chain disruptions are transforming pantry staples worldwide.
Labour vows no income tax or national insurance rises
Shadow Chancellor Rachel Reeves commits to freezing income tax and national insurance rates, ruling out increases for employees and pensioners in Labour's election manifesto.
Milei's Argentina Crisis: Polls Plummet Amid Economic Chaos
Argentine President Javier Milei faces collapsing approval ratings as his radical economic reforms fail to curb hyperinflation, with new polls revealing growing public discontent and comparisons to Trump's political style.
Tax threshold freeze could raise £12bn, hitting millions
A leading thinktank reveals extending the income tax threshold freeze until 2028 could generate £12bn for the Treasury while hitting workers with stealth tax rises as inflation pushes salaries into higher brackets.
Coffee Price Surge: Your Brew Costs Set to Rise
British coffee lovers face bitter price rises as extreme weather and supply chain disruptions create perfect storm for bean costs. Experts warn of sustained increases hitting supermarket shelves and cafes.
Russia's population crisis deepens with 2M loss
New statistics reveal Russia's population has dropped by over 2 million since 2021, with deaths significantly outnumbering births as Putin's war and economic pressures create a perfect demographic storm.
Daily Mail Publishes Latest Corrections and Clarifications
The Daily Mail publishes its latest corrections and clarifications across politics, health reporting, and celebrity stories - see what needed fixing.
Reeves' Budget: British ISAs, Housing Push & Economic Overhaul
Labour's first Chancellor Rachel Reeves announces sweeping economic reforms including new investment ISAs, pension fund transparency rules, and a major housebuilding push in her debut Budget statement.
Guardian publishes corrections across political and business coverage
The Guardian newspaper has published its latest corrections and clarifications, addressing errors across political reporting, financial coverage, and feature articles in their October 2025 editions.
US Government Shutdown Threatens Food Stamps
Critical funding for America's SNAP food stamp programme is set to expire in November, threatening food security for vulnerable families as political deadlock continues in Washington.
UK economy stagnates with zero growth in April
Britain's economic growth flatlined at 0.0% in April, missing analyst forecasts and raising concerns about the strength of the recovery. Services and production sectors showed modest gains while construction output fell significantly.
France mulls US-style tax raid on wealthy expats
As France grapples with mounting economic pressures, the government is reportedly exploring controversial American-style tax measures targeting wealthy citizens living abroad in a dramatic bid to stabilise the nation's finances.
UK Economy Contracts at Fastest Pace in 11 Months
Britain's private sector faces worst performance in nearly a year as manufacturing and services decline simultaneously. Chancellor Rachel Reeves confronts mounting economic challenges ahead of crucial budget announcement.
UK economy accelerates at fastest pace in two years
Britain's private sector experiences strongest growth since May 2022 as service sector boom and manufacturing recovery drive economic expansion, despite ongoing inflation concerns.
Russia's tea and coffee crisis deepens amid sanctions
Exclusive investigation reveals how Western sanctions are creating severe shortages of tea and coffee in Russia, with prices soaring and consumers facing empty supermarket shelves.
Children overtake pensioners in UK poverty crisis
New analysis reveals a dramatic reversal in UK poverty trends, with children overtaking pensioners as the age group most likely to live in poverty. The triple lock's success for retirees contrasts sharply with growing child deprivation.
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 rules out income tax and National Insurance hikes
Chancellor Rachel Reeves has definitively rejected raising income tax or National Insurance rates, promising fiscal stability while addressing Britain's economic challenges.
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.
UK Consumer Confidence Plunges to -30 in GfK Survey
New GfK survey reveals British consumer morale hits near-historic lows as households brace for economic challenges ahead of government budget announcement.
Reeves faces backlash over flight tax plans for £30bn hole
Chancellor Rachel Reeves confronts mounting pressure as green taxes on flights and potential holiday surcharges emerge as controversial solutions to Britain's £30 billion fiscal shortfall, sparking industry outrage and consumer anxiety.
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.
LendingTree CEO injured in serious ATV crash
Doug Lebda, founder and CEO of financial services giant LendingTree, is recovering from serious injuries following a severe all-terrain vehicle accident that occurred during a family holiday in North Carolina.
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