A petition calling on the Treasury to give pensioners a higher tax-free earnings limit has forced a Commons debate after drawing more than 116,000 signatures.Campaigners want pensioners to benefit from a £25,140 threshold before income tax applies — double the current personal allowance of £12,570.The petition secured enough support to trigger a parliamentary discussion, but a date for the...
Chancellor Rachel Reeves has ignited a fresh political row after urging closer economic cooperation with the EU as a route to greater resilience.Speaking at the Mais lecture hosted by Bayes Business School in London, Reeves argued the UK should deepen its economic links with Europe to shore up growth and stability.Her call has prompted sharp criticism from opponents who say seeking tighter...
Money expert Martin Lewis has apologised after a breathless turn on his ITV programme, saying there was simply too much to cover in the slot and he hoped viewers still found something useful.He thanked former Labour leader Ed Miliband for joining the show to discuss the government’s home heating oil plan, and acknowledged his delivery felt hurried as the programme ran long.Lewis also warned...
Chancellor Rachel Reeves will set out her Budget in the House of Commons around 12:30 GMT, facing pressure to find extra revenue while promising investment to cut NHS waiting lists and tackle the cost of living.She has flagged that tough but fair decisions are needed to reduce national debt and drive growth, with an immediate response from opposition leader Kemi Badenoch expected after the...