Budget: Treasury focused on ‘closing tax gap’ with US-style whistleblower scheme
Rachel Reeves revealed in her Budget that the government continues to focus on closing the tax gap, with new measures set to raise an additional £2bn in tax revenue by…
Rachel Reeves revealed in her Budget that the government continues to focus on closing the tax gap, with new measures set to raise an additional £2bn in tax revenue by…
Cheered by backbenchers, Reeves’ headline pledge to scrap the two child benefit cap made for a party-appeasing Budget, writes Douglas Beattie Rachel Reeves has sought to draw a line in…
The UK’s fiscal watchdog has forecast welfare spending to soar over the next few years after the Labour government ditched plans to reform the welfare state. The Office for Budget…
Britain’s banking giants have managed to escape a tax raid in the Labour government’s second Autumn Budget. UK lenders have been in the hot seat on the road to 26…
Rachel Reeves’ Autumn Budget set out one of the largest public investments in UK research and innovation in decades, with billions earmarked for R&D, AI, and the industrial strategy. UK…
The professional services sector breathed a sigh of relief after dodging tax hikes on LLPs in Rachel Reeves’s Autumn Budget. It was rumoured that Reeves was looking to add a…
A mansion tax will be introduced on homes worth more than £2m, Rachel Reeves confirmed, despite warnings from the property industry that the move was fraught with practical difficulties and…
The mood in the House of Commons morphed from rowdy to somewhat tense following the Budget, as Kemi Badenoch launched a series of scathing political and personal attacks on Rachel…
Octopus Energy boss Greg Jackson has hailed the cuts to energy bills announced in today’s Budget, as the Chancellor slashed multiple renewable levies. Jackson welcomed the energy bill cuts as a…
After months of speculation and mounting political drama, Rachel Reeves has delivered her second Budget. City AM‘s team has all the latest news throughout the day on our Live Blog…