The Latest Breaking News from Tax Cuts

Quizzed by the Mirror Labour's leader didn't rule out making - or keeping - tax cuts himself at the next general election - but he insisted they'd be fully funded if he did

FOREIGN Secretary Liz Truss has formally launched her campaign to replace Boris Johnson, as rivals squabbled over promises of “fantasy tax cuts”.

The multi-millionaire Chancellor said it would fund tax cuts - but Labour said he had exposed the cost of Tory tax jostling will be 'dramatic cuts to the NHS, policing and schools'

Editorial: Imaginative public spending is unlikely to feature in the Conservative leadership race, where tax cuts will be a key dividing line

Candidates’ focus on reducing tax would throw petrol on the inflationary fire and turbocharge inequality

There are mounting fears that the cost-of-living crisis could tip the UK into recession, as defined by two quarters in a row of falling output, as rocketing inflation sees households and businesses rein in spending...

Contest to succeed prime minister described by one Conservative politician as the ‘wacky races’

Veteran retailer among business leaders and Tory donors calling for a new prime minister to boost UK’s ailing economy

The flood of ministerial resignations from UK prime minister Boris Johnson’s government in recent days started with Rishi Sunak’s resignation as UK chancellor of the exchequer on July 5 2022, alongside health secretary Sajid Javid’s. His resignation letter cited differences of opinion over the economy, saying that a “low-tax, high-growth…

The pound began falling again on the foreign exchanges on Wednesday afternoon as the deepening political turmoil at Westminster unnerved investors.

There are mounting fears increased living costs could tip the UK into a recession.