The Latest Breaking News from Rachel Reeves

CHANCELLOR Rachel Reeves is set to impose yet more misery on taxpayers, according to a new report which found that there is a £51 billion black…

Niesr said Rachel Reeves is facing an ‘impossible trilemma’ and will likely need to resort to tax rises in the autumn budget.

By 2025-26, 300,000 more Brits face savings tax due to frozen thresholds. ISAs offer relief, but reforms loom. Learn who's affected and how to protect your savings.

Stock market news and latest business and finance updates from Wednesday

THE INDEPENDENT VIEW: Editorial: Rachel Reeves must use her autumn Budget to set aside manifesto commitments and put the public finances on a more sustainable footing. The most reliable and economically sound way is the most straightforward – and the most politically difficult

NIESR suggests a rise of 5p in the pound on basic and higher rate of income tax would fill the budget gap

Rachel Reeves must raise taxes or cut spending in the autumn budget to plug a £41billion budget black hole, the National Institute of Economic and Social Research says

Rachel Reeves is set for a £41.2 billion shortfall on her ‘stability rule’, he National Institute of Economic and Social Research said.

Leading economists say the chancellor may have to raise taxes, cut public spending or tear up her fiscal rules

These guilty firms could also face steep financial penalties, which would help fund a whistleblower reward system offering £500 per verified illegal worker,

The Tories claim scrapping the £500 dividend allowance will drag an estimated 5.22 million more people into paying investment levies.