Tag: Tax rises
Back billions for public services and tax rises: Labour challenges Badenoch
Labour has issued a direct challenge to the newly elected Tory leader, Kemi Badenoch, to support Rachel Reeves’s budget proposals that involve significant increases in taxes, spending, and borrowing. The potential divide in economic...
Potential Need for £9bn Tax Rises to Prevent UK Public Service Cuts
Rachel Reeves has been warned that additional tax increases of £9 billion may be necessary to avoid further cuts in key public services, causing concern in the financial markets. Despite the Chancellor's assurances that...
Bosses React to Reeves’s Tax Rises: Impact on Hiring Decisions
Marie Cooper, the owner of CBE+ in Chesterfield, Derbyshire, had big plans to expand her engineering business next year, but those plans have been put on hold due to the increased taxes imposed by...
Chancellor Warns Against Ruling Out Future Tax Increases
Chancellor Rachel Reeves has cautioned against ruling out the possibility of future tax increases, stating that it would be irresponsible to do so. This warning comes in the wake of Labour's landmark budget, where...
Rachel Reeves Budget Speech: Tax Rises Expected – Live Coverage
Rachel Reeves is set to make a significant announcement in her first Labour Budget in 14 years. The Chancellor is expected to reveal tax rises of up to £35 billion as part of her...
Labor Party’s First Budget in 15 Years: Tax Hikes Expected in Autumn Budget Announcement
The Labour Party is set to announce its first budget in 15 years, and major tax hikes are expected. Rishi Sunak, the current Tory leader, has criticized the potential increase in employers' national insurance,...
Labour promises no direct impact on workers’ pay from tax hikes
Labour has promised that the tax hikes being planned will not directly impact workers' pay, according to the education secretary. The government is gearing up to announce a significant budget next week, with expectations...
Keir Starmer denies misleading public on Budget tax hikes
Keir Starmer has been accused of misleading the public regarding tax increases in the Budget after suggesting that "working people" do not earn money from property or shares. The prime minister has also denied...
Starmer’s Working-Class Background Could Protect Him from Tax Hikes, Chancellor Acknowledges
The upcoming Budget has sparked discussions about potential tax hikes, with the Chancellor hinting that Prime Minister Starmer might be protected due to his working-class background. This move has led to debates about the...
Potential Tax Increases for Individuals with Asset Income: Insights from Keir Starmer
Keir Starmer recently hinted at potential tax increases for individuals who earn their income from shares and property, stating that they do not fall under his definition of "working people." This statement comes as...
Budget Update: Streeting Suggests Tax Rises Following NHS Funding Boost
Wes Streeting, a prominent figure in the Labour Party, has hinted at potential tax increases to address the significant budget gap in their spending plans. He mentioned the possibility of a tax raid on...
Rebuilding Public Services: Labour Calls for £25bn Annual Tax Increase
Keir Starmer, the leader of the Labour Party, has made a promise to end austerity and rebuild public services. However, a leading think tank, the Institute for Fiscal Studies, has stated that achieving this...
Reeves Announces Cost-Cutting Plan to Address £20bn Deficit – Live Coverage
Chancellor Rachel Reeves is planning to address the £20 billion deficit facing the government by implementing immediate cost-cutting measures. She is expected to criticize the previous Conservative government for allegedly concealing the true state...
Rachel Reeves Proposes Cuts and Tax Rises to Cover Tory Shortfall
Rachel Reeves, the new Chancellor of the Exchequer, has outlined a plan to address the dire economic situation inherited from the previous Conservative government. In an effort to tackle the £20bn hole in government...













