The Budget

Soaring interest rates are the real reason Britain has a debt problem

Business
Robert Johnson

Debt interest being such a large factor as it is now is far from being a new phenomenon. During the Napoleonic Wars, ...

Pensioners suffer biggest losses from Tory tax raid as Hunt boosts millennials

U.K.
William Turner

Pensioners will not benefit from the National Insurance reductions because they are already exempt from paying it. Many have private pensions as ...

How taxes have soared to a near-record high under Tory rule

Business
Robert Johnson

It marks a difficult legacy for the Conservative Party after 14 years in power and with its ratings at their lowest level ...

Fears Scottish Tory leader Douglas Ross was on brink of quitting over windfall tax hike in Budget

U.K.
William Turner

Mr Sunak is under massive pressure from all wings of his party to reduce the record high burden on working families amid ...

Jeremy Hunt goes to war on ‘immoral’ Whitehall waste

U.K.
William Turner

Treasury officials are believed to be considering a range of options, including reducing employee national insurance contributions, cutting income tax and extending ...

Treasury considering £85k levy to replace non-dom status

U.K.
William Turner

Downing Street has been considering whether to copy an Italian scheme in which wealthy foreigners pay a €100,000 (£85,500) yearly fee to ...

Boost immigration instead of cutting taxes, Sunak told by Treasury officials

U.K.
William Turner

But now they say reduced inflation has made tax cuts affordable with price rises falling from their peak of 11pc in 2022 ...

No10 plans to end inheritance tax in spring ahead of election

Business
Robert Johnson

The news that inheritance and income tax cuts are being considered for the Budget was hailed by some Conservative MPs. Ranil Jayawardena, ...

Rishi Sunak and Jeremy Hunt plan to cut inheritance tax at Autumn Statement

U.K.
William Turner

Rishi Sunak and Jeremy Hunt have drawn up plans to cut inheritance tax at next week’s Autumn Statement, The Telegraph understands. The ...