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Tax

  • New green tax labelled ‘own goal’ ahead of Budget

    September 30, 2025

    A new green tax coming into effect this week has been labeled an “own goal” for the Labour government and stoked fears it could lead to prices soaring. The Extended Producer Responsibility (EPR) levy is designed to increase increasing recycling rates among local authorities, by passing on the costs onto the companies selling the products. [...]

  • Keir Starmer ramps up attack on Reform in vow to ‘renew Britain’

    September 30, 2025

    Prime Minister Keir Starmer ramped up his attacks on Reform as he called for Brits to unite behind the government’s mission to “renew” the country.  In a make or break speech to Labour Party members, Starmer said the country was at a crossroads moment to deliver “renewal” – though he pushed back against claims Britain [...]

  • Doing business in Britain is too difficult, too expensive and too uncertain

    September 30, 2025

    Business confidence is at a three-year low and productivity has not improved for 15 years. It is businesses that policymakers must turn to – and fast – to get growth back on track, writes ICAEW chief executive Alan Vallance  Whatever your political leanings, we can all agree that the UK faces a challenging economic context. Weak [...]

  • Starmer warns of ‘long and difficult road’ to build fairer country

    September 29, 2025

    Prime Minister Keir Starmer will tell Labour members that the government faces a “long and difficult” path towards rebuilding the country in a speech set to define his leadership after a troubled year in office.  Starmer’s speech on Tuesday afternoon will warn the audience at the Labour Party Conference that decisions will not be “cost-free”, [...]

  • Rachel Reeves warns ‘harder choices’ coming at Budget 

    September 29, 2025

    Chancellor Rachel Reeves has warned that her choices will be “harder” at this year’s Budget, with questions being raised on whether she will row back on Labour manifesto tax commitments to plug a £30bn shortfall. In a speech at the Labour Party conference, Reeves said that “harsh global headwinds” and the effects of her Tory [...]

  • Natwest chair: Rachel Reeves’ Budget must include radical tax reform

    September 29, 2025

    The chair of banking giant Natwest has called for Rachel Reeves to implement “radical tax reform” in her Autumn Budget. Rick Haythornthwaite has said a “bold long-term plan” to “kick-start growth” would reassure jittery bond markets and “deliver much-needed social benefits”. “This is the time for a 10-year programme of radical tax reform. Time for [...]

  • Brits earning over £100k worry more about money

    September 29, 2025

    Six figure earners are more likely to worry about money than those on the average UK salary, according to fresh research. Eight in ten Brits who earn over £100,000 are worried about their finanical health, new research from fintech juggernaut Revolut has revealed. This came ahead of those on the national average between £35,001–£45,000 where [...]

  • Starmer refuses to rule out VAT rise

    September 28, 2025

    Prime Minister Keir Starmer has refused to rule out any potential rises to VAT as he reinforced his commitment to Labour’s manifesto pledges in a new interview. In an interview with BBC’s Laura Kuenssberg, after being pressed on potential changes to VAT, Starmer said: “The manifesto stands. We made commitment in that manifesto and the [...]

  • Rachel Reeves takes dig at Andy Burnham over bond markets

    September 26, 2025

    Chancellor Rachel Reeves has said the government was reliant on bond traders as part of an effort to fix “precarious” public finances in a pointed dig at Labour’s Manchester Mayor Andy Burnham.  In a panel discussion in front of an audience of centre-left figures on Friday, Reeves struck a defiant tone against mooted criticism she [...]

  • Budget: Tax hikes loom for Britain’s wealthiest

    September 25, 2025

    Wealthy Brits are bracing themselves for a raft of tax rises in the looming Autumn Budget, prompting many to scramble to protect their wealth. According to the latest Saltus wealth index, nearly 80 per cent of high net work wealthy individuals (HNWIs) expect Labour to impose further tax rises in the next 12 months. While [...]

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