A think tank closely linked to Labour suggests income tax will go up and the two-child benefit cap would be scrapped - but ...

U.K. Treasury chief Rachel Reeves has signaled she will raise taxes in her budget later this month, citing a weaker economy ...

Rachel Reeves is battling for her own credibility - and ultimately, the survival of Sir Keir Starmer's government.

British Chancellor Rachel Reeves paved the way for broad tax rises to avoid a return to "austerity" on Tuesday, framing her second annual budget as one of "hard choices" to protect public spending ...

The British pound is down to its lowest level versus the dollar in nearly seven months, and investors are moving into U.K.

Rachel Reeves's Downing Street speech triggered mixed market reactions. FTSE 100 fell 1.1%, sterling dropped to April lows, whilst gilts rallied on fiscal caution.

Rachel Reeves is raising your taxes. That is the glaring conclusion we can all draw from this morning's bizarre pre-Budget ...

The U.K. government's upcoming budget will focus on lowering inflation and paving the way for the Bank of England to lower its key interest rate, treasury chief Rachel Reeves said Tuesday.

Kemi Badenoch has accused the Labour Government of having given up on trying to “live within its means”, as she criticised ...

The chancellor has refused to rule out tax rises in the upcoming Budget and said she would make “the choices necessary” to ...

In an exclusive interview with MoneyWeek former government insider David Gauke says chancellor Rachel Reeves will ‘need to ...