Rachel

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Nish Kankiwala, chief executive of the John Lewis Partnership, has accused Chancellor Rachel Reeves of carrying out a “two-handed” tax grab on retailers, as she joined a growing backlash against the latest budget. Kankiwala said…

The UK economy has been mired in low growth rates for years, a problem that has worsened since the 2008 global financial crisis. Despite some short-lived recoveries, average annual growth has remained persistently weak, leading to…

Chancellor Rachel Reeves is facing renewed calls to introduce a wealth tax, with economists, climate campaigners and high-net-worth individuals urging her to impose a tax on the UK's wealthiest citizens to help fund essential public…

Chancellor Rachel Reeves has announced a major shift in the UK's fiscal policy framework, confirming plans to introduce a new rule for "investment" debt in next week's Budget. This change is expected to free up more than £50…

Retailers have called on Chancellor Rachel Reeves to scrap the so-called “tourist tax”, warning that Britain is losing billions in economic growth as tourists choose to shop elsewhere in Europe. In a letter signed by more than 300…

As the Labor government prepares to present its first Budget on October 30, anticipation is building as businesses and individuals alike prepare for potential tax changes and spending shifts. Chancellor Rachel Reeves has made it…

The International Monetary Fund has called on Chancellor Rachel Reeves to introduce tax rises and tighten government spending in the next budget, warning that delaying such measures could worsen the UK's fiscal problems. In a…

Chancellor Rachel Reeves is facing pressure from lobbyists representing 74,000 non-UK residents to scale back planned tax changes, ahead of her next Budget. The newly formed group, called Foreign Investors for Britain, is due to…

Rachel Reeves, the Chancellor of the Exchequer, is expected to introduce a £25bn tax rise in this month's budget to avoid plunging Britain back into austerity, according to the Institute for Fiscal Studies (IFS). The Financial…