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Rachel Reeves

  • 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 [...]

  • UK house prices rise at fastest rate since January

    November 7, 2025

    UK house prices edged higher in October, rising at the fastest pace since January as buyer demand remained high despite market uncertainty. Prices increased by 0.6 per cent last month, marking the fourth time in five months the average price has increased, following a sharp 0.3 per cent drop in September, according to the latest [...]

  • 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 [...]

  • Tax row erupts as Reeves tells watchdog she will break manifesto

    November 7, 2025

    The Labour government is split in a fresh tax row after Rachel Reeves reportedly told the fiscal watchdog she will raise income tax in her forthcoming Autumn Budget – a move that will break a key manifesto pledge. The Chancellor is said to have informed the Office for Budget Responsibility that an increase to income [...]

  • Higher earners to ‘pay thousands more’ in Reeves’ income tax raid 

    November 7, 2025

    Brits earning more than £75,000 could pay thousands of pounds more in tax should Rachel Reeves raises income taxes by 2p while cutting national insurance by the same percentage for those earning under £50,000. The Chancellor warned Brits that everyone will have to “contribute” to her Budget plans earlier this week, which has been interpreted [...]

  • Reeves has learned nothing from her last Budget

    November 7, 2025

    Amidst market uncertainty caused by her delayed and vague budget “context” speech, Chancellor Rachel Reeves is now expected to introduce a raft of significant tax increases on income, property, and businesses to address a national debt she helped exacerbate, says Jamila Robertson This week, Chancellor Rachel Reeves delivered a speech to set the context for [...]

  • If Reeves can’t cut tax, she could at least make it more competitive

    November 7, 2025

    The UK ranks 32 out of 38 OECD countries for tax competitiveness. Reeves must not make it worse at the upcoming Budget, says Sophie Dworetzsky As the forthcoming Budget is less than a month away, speculation as to what personal tax changes – and rises – it may bring, is becoming ever more intense.  With [...]

  • FTSE giants urge Reeves to unlock more domestic capital for businesses  

    November 6, 2025

    Over 250 companies across the London Stock Exchange have called on the Chancellor to do more to unlock domestic capital from pension funds for UK businesses to boost economic growth. In a letter to Rachel Reeves, signatories including asset manager Schroders and fashion giant Mulberry, warned that there is too little capital invested in the [...]

  • Brokers and building societies butt heads over cash ISA cut

    November 6, 2025

    Top brokers and building societies have locked horns over whether the Chancellor should follow through with rumoured plans to slash the cash ISA limit. London-based trading platform IG is pushing for Chancellor Rachel Reeves to act on rumours to slash the cash ISA allowance to £10,000, after analysis found it could provide a £7.2bn boost [...]

  • What does the Bank’s rate decision mean for your finances?

    November 6, 2025

    UK households who were hoping for a rate cut today may be disappointed after the Bank of England held interest rates at four per cent.  The decision came amid concerns surrounding high inflation ahead of Chancellor Rachel Reeves’ crunch Budget later this month. Governor Andrew Bailey, who had the deciding vote, said he would “prefer [...]

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