Rachel Reeves's Budget

Rachel Reeves says Labour must stick to Brexit promise as party splits emerge

Rachel Reeves says Labour must stick to Brexit promise as party splits emerge EXCLUSIVE: Rachel Reeves said Labour must stick to its manifesto, which ruled out joining the single market and the customs union, and allowing freedom of movement Rachel Reeves has said Labour must stick to its Brexit red lines amid growing splits over the UK's relationship with the EU. The Chancellor said quitting the bloc has driven up prices and clobbered businesses on both sides of the Channel.

Andy Burham pledges to slash taxes on pubs if he become prime minister

Andy Burham pledges to slash taxes on pubs if he become prime minister Mayor promises to reverse a series of tax rises which have hit hospitality and small businesses since Labour came to power - and suggested he could cut employers’ National Insurance - Bookmark - CommentsGo to comments Andy Burnham has promised to cut business rates for pubs by 20 per cent and suggested he could scrap one of Rachel Reeves’ key policies if he becomes prime minister. The focus on policy comes after the mayor...

UK savers '£3,000' HMRC tax alert for Brits to know

UK savers '£3,000' HMRC tax alert for Brits to know Pension savers are being warned about the risks of making costly errors Millions of pension savers risk surrendering thousands of pounds to tax unnecessarily as confusion surrounding retirement income choices leaves many exposed to expensive errors. Only 42% of adults claim they have a clear grasp of the options available when withdrawing money from their pension. Even amongst those aged over 55, the proportion rises marginally to 45%,...

New Deal moment needed to tackle 'Neets' crisis, Lord Blunkett suggests

New Deal moment needed to tackle 'Neets' crisis, Lord Blunkett suggests The call follows last week’s sobering report by former Blair-era Cabinet minister Alan Milburn into the over one million young people not in employment, education or training (Neets) Britain needs a New Deal-style moment for young people to tackle the Neets crisis, former Cabinet minister Lord David Blunkett has suggested. The call follows last week’s sobering report by Alan Milburn into the over one million young people...

Treasury rejected ministers’ plan to cut VAT on public EV charging to 5%

Treasury rejected ministers’ plan to cut VAT on public EV charging to 5%

Treasury rejected ministers’ plan to cut VAT on public EV charging to 5%

Student loans crisis ‘comparable to PPI scandal’, education tsar suggests

Student loans crisis ‘comparable to PPI scandal’, education tsar suggests This year has seen rising criticism of the student loans system after the chancellor announced at the autumn 2025 budget the repayment threshold would be frozen for three years - Bookmark - CommentsGo to comments The situation facing graduates with student loans is comparable to the Payment Protection Insurance (PPI) scandal, the previous chair of a government review into Post-18 education has suggested. Giving...

The Guardian view on Britain’s coming energy shock: mini-measures won’t suffice | Editorial

State pension alert as claimants 'edging closer' to HMRC tax liability

State pension alert as claimants 'edging closer' to HMRC tax liability The qualifying rules for the state pension are currently changing A major tax reform is set to be implemented shortly, impacting state pensioners. The key policy change will change the tax burden for certain pensioners. Labour announced in the Autumn Budget 2025 that it would change the tax allowance rules so that those receiving only the state pension without additional increments would be exempt from income tax.