No 10 Dismisses Claims Reeves Misled Public on Budget Tax Rises
Downing Street denies Rachel Reeves misled the public over tax rises, despite OBR letter showing budget forecasts were healthier than claimed.
Category : Economy
Starmer Defends Budget After Reeves Denies Lying
Starmer defends Reeves after she denies misleading public over budget tax rises; opposition calls for resignation.
No Easy Fixes For Youth Unemployment Crisis, Warns Former Minister
Former Labour minister Alan Milburn warns of 'no easy solutions' to youth unemployment crisis, as over one million young people are Neets, costing UK £125bn annually.
BAT to Cut Jobs and Boost AI Use in Productivity Drive
British American Tobacco plans job cuts and increased AI use as part of productivity initiatives to simplify operations and achieve £600m cost savings by 2028.
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Freddo Chocolate Prices Leap 400% Since the 1990s
Freddo creator's daughter says he'd be disgusted at 400% price rise from 10p to 30p-£1; Cadbury cites increased costs.
Burglary Hotspots in England and Wales: West Yorkshire Tops List
West Yorkshire tops list of burglary hotspots in England and Wales with 10.6 incidents per 1,000 households, according to ONS data.
Rachel Reeves Faces Sack as Andy Burnham Eyes Labour Leadership
Chancellor Rachel Reeves is expected to be sacked if Andy Burnham replaces Keir Starmer as Labour leader, sources claim. Burnham's allies say she does not represent sufficient change.
Bank Warns Of Six Rate Hikes As Trumpflation Looms
Bank of England holds rates but warns of six potential hikes as Middle East conflict drives inflation and 'Trumpflation' risks.
Reeves: No Magic Money Tree in Budget
Chancellor Rachel Reeves says there is no magic money tree for the Budget, ruling out borrowing for NHS funding and calling for difficult fiscal choices.
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Martin Lewis delivers Budget verdict after meeting Rachel Reeves
Martin Lewis delivers his verdict on the Budget after meeting Chancellor Rachel Reeves, discussing tax thresholds, ISA limits, and more.
JD Sports Profits Fall, Closes 24 UK Stores Amid Consumer Squeeze
JD Sports reports 13.5% profit fall, closes 24 UK stores as sales decline amid strained consumer finances and shifting fashion trends.
AG Barr Shares Plunge on Profit Warning Amid Brexit and Weather Woes
AG Barr shares fall over 28% after profit warning citing poor weather, brand challenges with Rockstar and Rubicon, and Brexit trade issues.
Wealthy Britons in Dubai Face Tax Bills of Up to £5m If They Return to UK
British expats in Dubai face tax bills up to £5m if they return to UK amid Iran war fears, accountants warn.
Driver Stabbed in Road Rage Over Turn Signal in Wisconsin
A driver was stabbed in Wisconsin after a road rage argument over not using a turn signal; suspect charged with aggravated battery.
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Race Across The World 2026: Sicily to Mongolia Route Revealed
Race Across The World 2026 route from Sicily to Mongolia, covering 7,400 miles along the Silk Road through nine countries.
Tech Founders Mock Albanese With AI Images in Protest Over Capital Gains Tax Changes
Tech founders use AI images of PM Albanese to protest capital gains tax changes, warning of startup flight overseas.
Arsenal Secure £120m Champions League Prize Boost
Arsenal have earned over £95m from their Champions League run, with a potential £120m total if they beat PSG in the final.
Oil Market Four Weeks from 'Tipping Point' as Prices Could Rocket
Oil market faces tipping point in four weeks as Strait of Hormuz blockade threatens critical stockpiles, with prices potentially soaring to $200 per barrel.
Beyond Paradise Season 5 Filming Confirmed by BBC as Replacement Show Airs Tonight
BBC confirms Beyond Paradise season 5 filming as David Attenborough special replaces Friday slot.
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NatWest Faces AGM Showdown Over Climate Backtracking
NatWest faces AGM showdown as investors and scientists protest climate policy backtracking, with protest votes against chair Rick Haythornthwaite.
Homelessness in Buenos Aires Surges 38% Under Milei's Austerity
Buenos Aires sees 38% rise in homelessness under Milei's austerity, with record numbers sleeping on streets and in rubbish bins.
Reeves Blames Brexit for Budget Tax Hikes as Economic Damage Worse Than Expected
Chancellor Rachel Reeves blames Brexit for forcing tax hikes and spending cuts in the upcoming budget, citing worse-than-expected economic damage.
Pension system 'unfair and unaffordable', say readers
Guardian readers debate UK pension system, highlighting unfairness and unaffordability of public-sector schemes and state pension triple lock.
Reeves’s Tax U-Turn: How Labour Changed Course on Budget Plans
Chancellor Rachel Reeves U-turns on income tax rise after revised forecasts show smaller fiscal shortfall, avoiding political backlash.
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Albanese Government Considers Higher Ethanol Blends to Ease Fuel Crisis
Australia considers raising ethanol in fuel to ease supply crisis as farmers warn of food price hikes and miners scale back operations.
Reeves Rules Out Wealth Tax In Budget Announcement
Chancellor Rachel Reeves confirms higher taxes on wealthy in upcoming budget, rules out wealth tax, and dismisses criticism as scaremongering.
OBR Challenges Treasury's Account of Reeves Tax U-Turn
OBR chair says Reeves knew forecasts improved before dropping income tax plan, contradicting Treasury claims.
Martin Lewis Warns State Pensioners: Part-Time Work May Trigger Tax
Martin Lewis warns state pensioners that part-time work may push them over the tax threshold, but stresses earning more always results in higher take-home pay.
VAT Error Gives Reeves £3bn Budget Windfall
ONS corrects £3bn borrowing overstatement due to VAT error, giving Chancellor Reeves extra budget room ahead of November budget.
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18 Arrested in Los Angeles Drug Crackdown at MacArthur Park
Federal authorities arrest 18 in Los Angeles drug crackdown targeting fentanyl and methamphetamine trafficking at MacArthur Park.
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