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The Latest Breaking News from National Insurance

Pound hits lowest since April as investors anticipate budget tax rises; markets hit by AI valuation jitters – as it happened

Sterling drops against dollar as chancellor’s speech is taken as a sign that taxes will rise in the budget, and interest rates may fall faster

The Guardian - UK

Threat of income tax rise grows as Rachel Reeves gives clear sign she will break Labour manifesto pledge

Chancellor rolls ground for tax rises in unusual pre-Budget speech at Downing Street

Evening Standard

Rachel Reeves prepares raid on pension tax perks

The Chancellor is reportedly planning to reform ‘salary sacrifice’ schemes

Evening Standard

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Voices: ‘Tax the wealthy, not the workers’: Readers divided on how Reeves should tackle £20bn Budget blackhole

YOUR VIEWS: Our community is divided over reports Rachel Reeves’ is set to hike income tax by 2p, with some supporting higher taxes on the wealthy as fair and necessary, while others warn it could harm low-income earners, pensioners, and overall economic growth

The Independent UK

More than a quarter of Scots businesses expect to shrink, figures show

The Federation of Small Business found 57% of firms saw their profits slump in the third quarter of the year.

Evening Standard

Income tax rise not ruled out by Keir Starmer in PMQs clash on Budget with Kemi Badenoch

Millions of households are set to be hit with tax rises as Rachel Reeves seeks to plug a hole in the public finances

Evening Standard

Fresh tax hikes top Budget fears among London small businesses

The percentage of owners predicting growth falls to 36%, lowest level since first quarter of 2021.

Evening Standard

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Millions of households to be hit with tax rises in the Budget, Chancellor Rachel Reeves signals

The Chancellor told an economic forum in Saudi Arabia that she would avoid growth-busting new levies on businesses

Evening Standard

UK Supermarkets Warn Rachel Reeves: Tax Hike Would Bring 'Inevitable' Blow to Food Prices

UK leading supermarket chains have urged Chancellor Rachel Reeves to scrap a planned business rates surtax, warning it would drive up food prices and hit household budgets.

International Business Times UK

Almost two thirds of charities axe jobs and services over financial strain

Research by Rathbones found that 95% of charity executives in the sector are thinking about leaving.

Evening Standard

First the U.K., Next the U.S.? Britain's Digital ID Plan Should Scare Americans.

Once created, a digital ID system will prove catnip to politicians who want to track where we go, online and off.

Reason

Anas Sarwar ducks saying he believes digital ID will stop migrant crossings

ANAS Sarwar dodged answering whether he believes digital ID will stop migrants from crossing the English Channel.

The National (Scotland)

H1: HMRC Basic PAYE Tools review

PAYE tools straight from HMRC, but other free options offer a lot more.

TechRadar

IRIS Payroll Basics review

Free, HMRC-approved payroll, but only for the short term

TechRadar

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Evening Standard

Higher National Insurance costs and packaging tax send John Lewis deeper into the red

But boss insists the department store and Waitrose supermarket partnership is well placed for “full year profit growth” as the peak Christmas season approaches

International Business Times UK

Reeves Blocks Wealth Tax Plan: Defies Labour Hopeful, Gambles with Public Finance Chaos

Chancellor Rachel Reeves blocks wealth tax, defying Labour MPs, risking £50B fiscal chaos. Can she balance the Budget without breaking promises?

Al Jazeera

What does the falling birthrate mean for the British economy?

Fertility rate has hit an all-time low in England and Wales. How will this impact the country and what’s the solution?

The Independent UK

Reeves ‘considers raising taxes for landlords’

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Evening Standard

Martin Lewis reveals how to claim up to £31,000 in missed State Pension payments for child carers

Anyone who had children between 1978 and 2010 might be owed more than £10,000 in backdated tax refunds

The Fashion Central

Martin Lewis Urges Parents to Check for £10,000 Tax Refunds After State Pension Error

Martin Lewis has sounded the alarm for anyone who took time off work between 1978 and 2010 to look after children or someone with a long-term disability.

The National (Scotland)

Labour 'massively damaging' social care in Scotland, Scottish Care boss says

THE CEO of Scottish Care has insisted Labour are “massively damaging” social care in the country by “closing the door” on international…

The National (Scotland)

'End of era': Popular Glasgow restaurant to shut down after seven years

The National (Scotland)

Kate Forbes blasts National Insurance hike amid slump in payrolled employees

KATE Forbes has repeated calls for a reversal in the hike to employers' National Insurance contributions (NICs) after statistics showed a slump in…

The Fashion Central

Rachel Reeves Faces Political Firestorm as Massive Tax Hikes Loom Over Britain

With a £50B budget gap and few options left, Rachel Reeves may have to raise politically toxic taxes, risking rebellion from her own party and furious voters.

International Business Times UK

National Living Wage Increase 2025: 4.1% Rise On Minimum Pay Expected, Young Labourers Could Also Get Higher Salary

Young workers may see £12.71 too, but businesses warn of job cuts amid £5B rights bill costs.

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