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The Latest Breaking News from IFS

Reeves should be more ambitious on tax reform to boost economic growth – IFS

The Institute for Fiscal Studies’ director Helen Miller called on the Chancellor to be more ambitious about measures to boost growth.

The Independent UK

Chancellor to face more questions after Budget overshadowed by major leak

The Chancellor’s decisions put Britain on course for a record tax burden as she hiked levies.

The Independent UK

'You won't write my obituary': Under-fire Reeves hits back at critics of her tax and benefits Budget

The Chancellor’s statement put Britain on course for a record tax burden as she hikes levies

Evening Standard

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What Rachel Reeves could do to pension tax at the Budget

As the chancellor looks to bolster government funds, few options remain off the table

The Independent UK

Facing facts on property tax: Rachel Reeves’s Budget options as she hunts for billions

BUDGET 2025: With Labour’s Budget imminent, the chancellor faces a £22bn hole and a narrowing set of promises on tax. Property, long the quiet corner of the system, may finally be in her sights. Here Sean O’Grady and Albert Toth analyse the options available to Reeves

The Independent UK

How could council tax change in budget – and who would be hardest hit?

Critics say current system is a ‘dog’s dinner’ – with homes in Blackpool paying more than in one of London’s wealthiest boroughs

The Guardian - UK

Reeves ‘plots new property tax’ in Budget after income tax U-turn

Chancellor could bring in new levy on high-value properties and maintain the freeze on thresholds

The Independent UK

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Reeves to freeze thresholds after ditching planned income tax hike – reports

The Chancellor is understood to have U-turned after improved forecasting from the Office for Budget Responsibility.

Evening Standard

Stealth tax alert: Reeves Budget to make record 10m pay Income Tax higher rate if she freezes thresholds

A further two-year freeze on Income Tax thresholds would drag 790,000 more people into paying the 40% higher rate, according to the IFS

Evening Standard

This ‘Strong Buy’ Financial Stock Can Help You Unlock Profits in Peru

Intercorp Financial Services (IFS) is trading at a 5-year high and has strong technical momentum. Shares are up 63% in the past 52 weeks and nearly 50% in the year to date. IFS has a 100% “Buy” opinion from Barchart. Fundamentals remain solid for IFS, with projected revenue and earnings...

Barchart

Three weeks till budget day – and now Rachel Reeves is ‘being honest’ about tax

The chancellor is levelling with us about the pain to come. Is there anyone outside Planet Rachel who couldn’t see that truth two years ago, asks Guardian columnist Marina Hyde

The Guardian - UK

What is a ‘mansion tax’ and how would it work?

A new levy targeting wealth could reportedly be announced by chancellor today

The Independent UK

UK can ‘defy’ gloomy forecasts despite productivity problems, says Chancellor

Rachel Reeves argued that austerity, Brexit and the pandemic had left ‘deep scars’ on the UK’s economy.

Evening Standard

Income tax rise only way to plug extra £20bn in Budget black hole, economists warn Reeves

Economists say trying to balance the books by raising smaller taxes risks ‘unnecessary amounts of economic damage’

The Independent UK

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The Independent UK

Mansion wealth tax wouldn’t fill Budget black hole, economists warn Reeves

Former IFS director Paul Johnson says a mansion tax ‘wouldn’t raise anywhere near enough to fill a significant hole’ in the public finances

The Guardian - UK

‘My big shop used to cost £100, now it’s £150’: readers recount their shock at supermarket food bills

We hear your stories of how you balance the family finances, from buying own brands to cutting right back on weekly shop

The Independent UK

IFS outlines cost-effective ways to reduce child poverty

IN FULL

The Independent UK

Scrapping two-child benefit cap cost-effective way to reduce poverty – IFS

Chancellor Rachel Reeves has faced increasing calls to lift the cap.

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The Independent UK

Scrapping two-child benefit cap could lift 630,000 children out of poverty

Scrapping the two-child benefit cap would be among the most cost-effective ways to reduce child poverty, the Institute for Fiscal Studies has said

The Independent UK

Welsh Budget could increase risk to public services, warns IFS

The think tank warned the Welsh Government’s draft budget is not realistic in its current form.

The Independent UK

Is Reeves mounting a pensions tax raid at the Budget?

As the chancellor looks to bolster government funds, few options remain off the table

Evening Standard

Londoners in the firing line for tax rises as Reeves says levy on wealthy 'will be part of story' at Budget

Chancellor says higher taxes on the wealthy will be ‘part of the story’ when she delivers her Budget on November 26

The Guardian - UK

Rachel Reeves should consider welfare cuts in budget, IFS says

Thinktank urges chancellor to take ‘bold’ action on benefits and pensions to placate jittery financial markets

The Independent UK

Higher taxes for the wealthy will be ‘part of the story’, says Reeves ahead of Budget

The chancellor has confirmed that tax rises for the wealthy will be ‘part of the story’ as she seeks to fill a £50m financial blackhole

The Independent UK

‘Tinkering around edges’ at Budget risks another year of economic pain, IFS warns Reeves

Chancellor must take ‘bold action’ to avoid ‘limping from one forecast to the next’

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