Keir Starmer was forced into an embarrassing climbdown by his own backbenchers over planned welfare cuts last week, leaving a ...

The UK government declined to rule out imposing a new tax on Britain’s wealthiest people, as Chancellor of the Exchequer Rachel Reeves faces growing calls from prominent left-wing figures to introduce ...

Sterling slipped 0.3% and last fetched $1.3601 against the U.S. dollar, while the pound was broadly unchanged against the ...

The chancellor has to somehow reconcile tax and spending, but both her own Labour MPs and the Tory opposition are still ...

The chancellor is rapidly losing her £9.9bn fiscal headroom thanks to multiple U-turns on policies that were meant to save ...

Imposing a wealth tax which hit London hardest is a matter for Chancellor Rachel Reeves, says a minister as the Government ...

The prospect of a charge on the assets of the well-off has been mooted as the Chancellor scrambles to fill a potential ...

Chancellor Rachel Reeves secured the support of 17 pension funds ahead of the Mansion House speech, which is expected to ...

One of Rachel Reeves's former top advisers has told her to U-turn on her manifesto pledge not to raise taxes for working ...