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The Latest Breaking News from Torsten Bell

Reeves considers breaking manifesto pledge with income tax rise to fill £30bn gap

Exclusive: Treasury discussions include possibly adding 1p to basic rate or raising higher or additional tax rates

The Guardian - 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

The Independent UK

Tax rises in, two-child limit out: what Resolution Foundation’s boss is urging Reeves before budget

Pensions triple lock should also go, says Ruth Curtice, a former civil servant who says it’s ‘nice to be allowed to say what you think’

The Guardian - UK

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‘We just want enough to get by’: Hundreds of thousands of pensioners going without essentials

The Living Wage Foundation has said that 35 per cent of low income pensioners are relying on benefits, or money from friends and family to get by, as basic incomes are no longer enough to afford the basics

The Independent UK

Starmer tightens grip on economic policy by strengthening autumn ‘budget board’

Key figures from No 10 and No 11 appointed to group include Torsten Bell, new economic adviser Minouche Shafik and comms chief Tim Allan

The Guardian - UK

Blame migrants, or blame the rich? That’s the populist divide in Britain’s politics now

Taxing the ultra-rich may be a vote winner, but it’s just as important to shift the conversation away from Reform’s immigration doom loop, says Guardian columnist Gaby Hinsliff

The Guardian - UK

Reshuffle gymnastics prepare Starmer to walk tricky budget tightrope

Economists say new team could help push back against Treasury but PM needs to spell out what he stands for

The Guardian - UK

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Rachel Reeves is under immense pressure. She must not waste her chance to ‘go big’

Chancellor needs to reform an out-of-kilter tax system without alienating voters or spooking financial markets

The Guardian - UK

New winter fuel payment laws show who is eligible – and who will miss out

Around two millions pensioners will still lose out this year

The Independent UK

Rachel Reeves warned against cutting tax-free pension lump sum as she seeks to raise billions

Currently, pensioners can take out a quarter of their pension pot tax-free, with a cap of £268,000 – but that could change as Reeves attempts to claw back billions

The Independent UK

Treasury minister fails to rule out hitting homeowners with capital gains tax

Chancellor Rachel Reeves is reportedly considering ending capital gains tax relief for people selling high-value homes

Evening Standard

Homeowners could be hit with new tax as Chancellor aims to fill ‘£41 billion shortfall’

Rachel Reeves could end capital gains tax relief for people selling high-value homes

The Independent UK

Britain is facing a ‘tsunami’ of pensioner poverty, says Kendall

Minister issues warning at launch of commission to overhaul system of saving for retirement

The Guardian - UK

Ministers to revive Blair-era Pensions Commission to tackle savings crisis

Revived body will examine future of the retirement system as analysis shows pensioner income is set to fall

The Guardian - UK

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The National (Scotland)

Cross-party MPs press UK Government for Waspi U-turn

DOZENS of MPs from across the political spectrum confronted Labour ministers on their refusal to U-turn and compensate Waspi women affected by state…

Evening Standard

MP likens Government to flat-earthers over refusal to compensate Waspi women

Labour’s Rebecca Long Bailey said the Government’s argument against compensation for the 1950s-born women is ‘bizarre’ and ‘makes no sense’.

The Independent UK

Labour MPs call for benefit cuts to be scrapped after winter fuel payment U-turn

Rachel Reeves has announced that around nine million more pensioners will receive the fuel payment this year

Evening Standard

Labour MPs in call for benefits U-turn after change to winter fuel payment cut

Pensioners who earn less than £35,000 will receive the winter fuel payment, the Chancellor has said.

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The Guardian - UK

Reeves struggles to explain the genius of Labour’s winter fuel payment U-turn

Chancellor reluctantly tries to smooth things over but looks as if she can’t quite believe some of the nonsense she is saying

The Independent UK

Stormont minister calls for terminally ill to be allowed state pension early

Figures from charity Marie Curie show that around 111,000 people die in poverty each year in the UK.

The Independent UK

Winter fuel payments: Am I eligible and how much can I get?

Around 9 million pensioners will receive the winter fuel payment this winter

The Independent UK

Forcing rich pensioners to pay back winter fuel allowance would be tax ‘nightmare’, Reeves warned

Chancellor expected to reinstate universal winter fuel payments - but claw grants back from some through higher taxes

The National (Scotland)

Rachel Reeves in partial U-turn on Winter Fuel Payments – but backs fiscal rules

RACHEL Reeves has pledged to stick with her fiscal rules – as she confirmed the Government would partially reverse its Winter Fuel Payment cut ...

The Guardian - UK

Winter fuel payments to be reinstated this year, Rachel Reeves confirms

Threshold over which pensioners are no longer eligible for payment will rise before winter, chancellor says

Evening Standard

Millions more pensioners to get winter fuel payments this year, Rachel Reeves confirms after major U-turn

The Chancellor said the changes to winter fuel payments will come into force this year

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