Four million people will be dragged into higher rates of income tax as a result of stealth tax on wages. Watchdog the Office for Budget Responsibility has estimated that 4.1million extra people will...
UK carmakers to meet government over Trump tariffs18 minutes agoFaisal Islam & Tom EspinerEconomics editor & BBC business reporter•@faisalislamGetty ImagesBritish carmakers will meet...
I suppose if the Government is determined to make a complete Horlicks of the economy then they might as well add some bitter syrup on the top. The car-crash autumn budget was economically illiterate...
The five steps that could lead to UK tax rises in October1 hour agoShanaz MusaferBusiness reporter, BBC NewsGetty ImagesChancellor Rachel Reeves has set out her plans for the UK economy in her Spring...
That’s the stark conclusion of pensions and finance expert Rachel Vahey, after poring over the brutal numbers in yesterday’s Spring Statement.Reeves's speech confirmed our worst fears. Despite...
Germany leads defiance to Trump car tariffs, saying it 'will not give in'2 hours agoMegan FisherBBC NewsGermany has said it "will not give in" and that Europe must "respond firmly" as US President...
Rachel Reeves’ economic plan is a masterclass in failure — higher taxes, lower growth, and zero accountability. Rachel Reeves’ spring statement is yet another masterclass in economic failure, a...
Carol Vorderman has been branded “delusional” after she called out the “appalling” behaviour in Parliament during Rachel Reeves’ Spring Statement. On Wednesday (March 26), the chancellor...
Germany says it 'will not give in' as Trump announces 25% car tariffs25 minutes agoMegan FisherBBC NewsGetty ImagesGermany has said it "will not give in" and that Europe must "respond firmly" as US...
Reeves has already refused to rule out further tax increases, and with the nation’s finances on a knife edge, she may have little choice. Here are 10 possible lines of attack.1. Extend the income...
Rachel Reeves has left businesses “disappointed” following her spring statement on Wednesday as firms continue to battle the October Budget tax hikes. While no extra levies have been added, many...
Trump announces 25% tariffs on car imports to US26 minutes agoNatalie ShermanBusiness reporter, BBC NewsGetty ImagesUS President Donald Trump has announced new trade taxes of 25% on cars being...
Following intense criticism over her autumn budget - which included £40 billion in tax hikes, a reduction in the tax threshold from £9,100 to £5,000, a 50% increase in bus fare caps, and sharp...
BBC Verify: How did Rachel Reeves make her sums add up?The Chancellor has announced welfare and spending cuts to try to restore her £9.9bn "headroom", so she can meet her rules on the economy. BBC...
Rebecca Henman had to take on extra work just to stay afloat during the cost-of-living crisis, and doesn’t believe Chancellor Rachel Reeves’s Spring Statement will bring any relief. “Nothing in...
Rachel Reeves addressed a packed House of Commons today to deliver her Spring Statement - which was met with short shrift from her political adversaries on the Left and the Right. The Chancellor...
The emergency budget was a disaster from start to finish. Despite coming in on a promise of stability and growth, yesterday proved this Labour government has failed on both counts. Growth – cut in...
BBC Verify: How did Rachel Reeves make her sums add up?The Chancellor has announced welfare and spending cuts to try to restore her £9.9bn "headroom", so she can meet her rules on the economy. BBC...
Rachel Reeves has been warned she faces nearly a 50% chance of further tax rises or spending cuts following her spring statement.A surge in borrowing costs wiped out the Chancellor's narrow breathing...
It was the Tories’ fault. It was that £22bn black hole, you see. Oh, but now it’s Trump’s fault. And in any case … erm … yes, that’s it, the world is changing.Thanks Rachel Reves. It’s...