Voters say Rachel Reeves should resign if income taxes are hiked November 11, 2025 A majority of voters believe Rachel Reeves should resign as Chancellor if she breaks a key Labour manifesto commitment by raising income tax. Labour’s 2024 election manifesto said the party would not put up taxes on working people, including VAT and income tax. But in the lead-up to a crucial Budget where the Chancellor is [...]
Rachel Reeves concedes manifesto pledges may be dropped November 10, 2025 Chancellor Rachel Reeves has suggested that Labour manifesto commitments will be ditched amid a “significantly worse” economic inheritance than expected last year. In an interview with the BBC, Reeves said she would prefer to increase government spending on infrastructure rather than cut taxes for Britons. When asked whether the government would stick to manifesto commitments, [...]
Nigel Farage: VAT threshold should be raised November 10, 2025 Reform UK’s Nigel Farage has hit out at suggestions that the VAT threshold for businesses should be lowered from its £90,000 threshold. Reports have suggested that Chancellor Rachel Reeves could lower the threshold at which businesses must be registered for VAT to £30,000 in a phased approach, a policy backed by several think tank wonks [...]
Reeves’ LLP tax proposal will undermine ‘cornerstone of UK economy’ November 10, 2025 A professional services trade body warned that Rachel Reeves’ proposed increase in NICs for LLPs could lead to widespread conversion to limited company structures, undermining a successful British business model. The limited liability partnership (LLP) model, in which members (known as partners) invest their own capital in the business, was introduced 25 years ago and [...]
Budget tax rumours holding back UK economic growth November 10, 2025 The UK economy is expected to have grown by just 0.2 per cent in the third quarter of the year, economists have predicted, with the upcoming Budget cooling activity and leaving investors on edge. A Bloomberg poll of economists estimated the UK economy grew by just 0.2 per cent in the third quarter of the [...]
Rachel Reeves eyes tax raid on dividends November 10, 2025 Chancellor Rachel Reeves is set to increase the tax rate on dividends at this year’s Budget, it has been reported, adding to speculation that investors and business owners will be targeted to fill a £30bn fiscal hole. An increase on basic, higher and additional rates of dividend taces could make up around £2bn in extra [...]
Reeves’ tax plans to push one in eight businesses overseas November 10, 2025 One in eight small and medium-sized enterprise (SME) leaders in the UK are actively planning to relocate themselves, their businesses, or both, citing the current tax burden. This amounts to roughly 680,000 businesses out of the UK’s 5.67m SMEs, according to a new report by Rathbones. The findings come just weeks ahead of Rachel Reeves’ [...]
Labour doesn’t understand what Britain is missing November 7, 2025 Britain does not suffer from too much ambition, but from too little encouragement – and that taxing aspiration will only make that worse, says Brandon Lewis It’s difficult to remember a time when a sitting British government decided to trail a new Budget in the press for over 11 weeks. Yet here we are, with [...]
Pensions, motorists and workers: The tax targets Rachel Reeves is eyeing up November 7, 2025 If there is one thing that is clear three weeks out from the Autumn Budget, it is that Chancellor Rachel Reeves will hike taxes. The Office for Budget Responsibility (OBR), which scores the economic impacts of the government’s policies and publishes forecasts on public finances, has been questioned for being over optimistic on measures such [...]
Rachel Reeves cools on big cash ISA reforms November 7, 2025 Chancellor Rachel Reeves is expected to make a smaller cut to the cash ISA allowance after heavy lobbying from building societies, it has been reported. Rumours have swirled that the £20,000 allowance on cash ISAs could be stripped down to as much as £10,000 as part of an effort to make more Brits invest in [...]